Calculation of Donated Leave Sample Clauses

Calculation of Donated Leave. All donated leave hours shall be converted to a dollar value base on the donor’s straight time hourly rate at the time of the donation. The dollar value will then be divided by the receiving employee’s straight time hourly rate to determine the actual number of hours received and placed in the receiving employee’s donated leave bank.
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Related to Calculation of Donated Leave

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

  • Calculation of Vacation Pay Vacation pay shall be at the rate effective immediately prior to the vacation period. However, should any salary increase become effective during the employee's vacation period, he/she shall receive the benefit of such increase from the effective date.

  • Computation of Vacation Pay Where an employee's vacation pay for the current year is to be computed as a percentage of his "total wages earned" in the previous year, such "total wages earned" shall include the amount of vacation pay the employee received in the previous year.

  • Notification of Deduction The Union shall inform the Employer in writing of the authorized deduction to be checked off for Employees mentioned in Article 11.01.

  • Termination of Deduction The University Administration’s responsibility for deducting dues and other authorized deductions from a faculty member’s salary shall terminate automatically upon either

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