Annualized Rate of Pay. Employees who work less than twelve (12) months a year will be placed on an annual salary based on their hourly rate of pay. The annual salary calculation will be based on the employees' hourly rate of pay times the number of hours worked per day times the sum of the number of days worked per fiscal year plus accrued vacation days and holidays.
Appears in 8 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
