Job Share Compensation Sample Clauses

Job Share Compensation. Each employee’s salary shall be prorated. The salary schedule step for each employee shall be the same as they would be entitled to if employed on a full time basis. This step shall determine the base salary from which the salary fraction will be computed. Seniority shall accrue to an employee in a job sharing position on a prorated basis. Sick leave and personal leave shall be prorated. Fringe benefits will be prorated. In the event that a job-sharing employee is employed at less than fifty percent (50%), they may not be eligible for health insurance or the retirement program. Unusual Circumstances
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Job Share Compensation. Each employee will be paid the hourly rate of pay of the established salary for the position. Due to seniority, two (2) Employees may be paid at different steps in the salary grade, however. Whenever one (1) Employee works during vacation, sick leave or other absence of the second Employee, the working Employee w ill receive additional compensation at the regular rate of pay for excess hours worked up to forty (40) hours in one (1) week. Any hours worked beyond forty (40) in one (1) week will be compensated at time and one-half (1.5).

Related to Job Share Compensation

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows:

  • Overtime Compensation (a) Overtime worked shall be compensated at the following rates:

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