Basis of Calculation of Payment of Salaries. 3.25.1 The salaries of employees shall be paid fortnightly and the gross salary for a full pay period is calculated as 14/365ths of the annual salary rate. For broken periods the calculation is the number of days due multiplied by the annual rate and divided by 365. Gross salary comprises all salary and allowances (temporary and permanent).
Appears in 12 contracts
Samples: www.education.govt.nz:443, nzei.5.deploy.net.nz, www.nzeiteriuroa.org.nz
Basis of Calculation of Payment of Salaries. 3.25.1 The salaries of employees shall be paid fortnightly and the gross salary for a full pay period is calculated as 14/365ths of the annual salary rate. For broken periods the calculation is the number of days due multiplied by the annual rate and divided by 365. Gross salary comprises all salary and allowances (temporary and permanent).
Appears in 2 contracts
Samples: www.education.govt.nz, education.govt.nz
