Common use of Method and Time of Salary Payment Clause in Contracts

Method and Time of Salary Payment. Teachers shall be paid on a bi-weekly basis commencing on the first Friday after school opens. Bi-weekly pay shall be computed based on twenty-six (26) equal installments and shall be payable in twenty-two (22) bi-weekly payments or 22 payments and a final payment in June, equaling four (4) bi-weekly installments or twenty-six (26) equal installments. The annual salary of a teacher working less than full-time shall be pro-rated based on their FTE percentage.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Collective Bargaining Agreement

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Method and Time of Salary Payment. Teachers shall be paid on a bi-weekly basis commencing on the first Friday after school openspayroll in August. Bi-Bi- weekly pay shall be computed based on: • 22 equal bi-weekly payment OR • 22 payments based on twenty-six (26) equal installments and shall be payable in twenty-two (22) bi-weekly payments or 22 payments and a final payment in June, equaling four (4) bi-weekly installments or twenty-six (26) OR • 26 equal installments. installments The annual salary of a teacher working less than full-time shall be pro-rated based on their FTE percentage.

Appears in 1 contract

Samples: Master Agreement

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Method and Time of Salary Payment. Teachers shall be paid on a bi-weekly basis commencing on the first Friday after school openspayroll in August. Bi-Bi- weekly pay shall be computed based on:  22 equal bi-weekly payment OR  22 payments based on twenty-six (26) equal installments and shall be payable in twenty-two (22) bi-weekly payments or 22 payments and a final payment in June, equaling four (4) bi-weekly installments or twenty-six (26) OR  26 equal installments. installments The annual salary of a teacher working less than full-time shall be pro-rated based on their FTE percentage.

Appears in 1 contract

Samples: Master Agreement

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