Common use of DIRECT MONETARY COMPENSATION Clause in Contracts

DIRECT MONETARY COMPENSATION. 6.01 Full-time employees who work the maximum hours provided by this Agreement (not including overtime whether received by monetary or lieu time compensation) shall receive the bi-weekly salary set out in Schedule "A". If a full-time employee works less than the maximum provided, such short time shall be deducted from the bi- weekly salary. Part-time and temporary employees shall receive the rates set out in Schedule "A".

DIRECT MONETARY COMPENSATION. 6.01 Full-time employees who work the maximum hours provided by this Agreement (not including overtime whether received by monetary or lieu time compensation) shall receive the bi-weekly annual salary set out in Schedule "A". If a full-time employee works less than the maximum provided, such short time shall be deducted from the bi- weekly annual salary. Part-time, part-time and temporary employees shall receive the rates set out in Schedule "A".