Grounds for the payment of salary Basic salary Sample Clauses

Grounds for the payment of salary Basic salary. 1. The salary of the teaching personnel is determined according to the regu- lations in this Chapter and Chapter 7. 2. Basic salary refers to the salary in euros which are included in the an- nexes to the collective agreement, specific to educational institutions, and which are related to eligibility or degrees (or salary determined based on a salary scale) with no supplements. 3. If the employee’s basic salary is determined in the framework of the sala- ry scale, the difficulty and level of responsibility of the duties, the employ- ee’s position in the organisation and the size of the school/educational institution, the number of facilities/educational institutions and local condi- tions shall be taken into account when determining the basic salary. In addition, when determining the basic salary, the competencies and the ability of the employee to complete the duties shall be taken into account. Application instruction: The contractual regulation should be applied also when the diffi- culty or the level of responsibility of the employee’s duties, the employee’s position in the organisation as well as the size of the school or educational institutions, or the competencies and the ability of the employee to complete the duties increase during the employment relationship. It is not purposeful to use only the lower limit of the salary scale but rather the entire salary scale. The objective is that employees with more demanding duties and/or more competencies are placed closer to the upper limits of the salary scale. The upper limit of the salary scale may be exceeded. 4. The basic salary of a teacher with a dispensation is determined based on the basic salary of the eligibility level according to the eligibility criteria (not the transitional provisions) applicable at the time of granting the dis- pensation. 5. The salary of a part-time teacher is lower to the same extent as their working hours are shorter than a teacher with a full-time position. Application instruction: The number of teaching obligation hours corresponds to full-time work. 6. The division of workplaces according to their location is based on the Government Decree on the General Cost-of-living Classification of Mu- nicipalities (1055/2003). Application instruction: If the cost-of-living classification of a municipality changes due to its incorporation into larger municipalities or other similar xxxxx- es, the cost-of-living classification applied to the personnel before the change will remai...
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Related to Grounds for the payment of salary Basic salary

  • Payment of Salary Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Employee.

  • Basic Salary For all your services rendered under this Agreement, UO shall pay you a salary at an annual rate of no less than $450,000, or at such higher salary as may be determined by your performance review and the Executive Vice President, Human Resources, Legal & Business Affairs, UPR. Such higher salary shall subsequently be deemed the annual rate, commencing on such date as the Executive Vice President, Human Resources, Legal & Business Affairs, UPR may determine, for purposes of this Agreement.

  • Contract Duration and Annual Salary 1. The College hereby employs the Administrator in the capacity of Director - Marketing Services, Associate Professor for one year, commencing on July 1, 2024 and terminating on June 30, 2025. The Administrator accepts such employment on the conditions hereinafter set forth, and any applicable provisions of the Board of Trustees Policy Manual. In the event of conflict between Board Policy and this Contract, the Contract shall govern. 2. For the 2024-2025 contract year, the Administrator shall receive an annual salary of $178,054.00 subject to applicable deductions, to be paid in bi-weekly installments as full compensation for all rights granted and service performed under this Contract.

  • Base Compensation The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $76,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors of the Bank not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide.

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • Payment of Salary and Receipt of All Benefits Employee acknowledges and represents that, other than the consideration set forth in this Agreement, the Company has paid or provided all salary, wages, bonuses, accrued vacation/paid time off, premiums, leaves, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, and any and all other benefits and compensation due to Employee.

  • Annual Compensation The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending during the calendar year in which the Date of Termination occurs.

  • Base Salary The Company shall pay to the Executive an annual base salary of $200,000, payable on a monthly basis commencing on the Effective Date (as the same may be adjusted herein, the “Base Salary”). The Base Salary shall be paid in accordance with the Company’s payroll policies.

  • HOLIDAY COMPENSATION FOR TIME WORKED 110. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time-and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions of Section III.E.2. 111. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

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