Common use of METHODS OF CALCULATION Clause in Contracts

METHODS OF CALCULATION. 1. BI-WEEKLY 198. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/hers position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 2. DAILY RATES FOR MONTHLY AND BI-WEEKLY EMPLOYEES 199. A day's pay shall be determined by dividing the number of work days in a normal work schedule in a monthly payroll period (including specified holidays) into the monthly salary established for the position, or the amount of a day's pay shall be 1/10th of the compensation of a normal work schedule in a bi-weekly period (including specified holidays).

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

AutoNDA by SimpleDocs

METHODS OF CALCULATION. 1. BI-WEEKLY 198179. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/hers position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 2. DAILY RATES FOR MONTHLY AND BI-WEEKLY EMPLOYEES 199180. A day's pay shall be determined by dividing the number of work days in a normal work schedule in a monthly payroll period (including specified holidays) into the monthly salary established for the position, or the amount of a day's pay shall be 1/10th of the compensation of a normal work schedule in a bi-weekly period (including specified holidays).

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Labor Contract

METHODS OF CALCULATION. 1. BI-WEEKLY 198182. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/hers the employee’s position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 2. DAILY RATES FOR MONTHLY AND BI-WEEKLY EMPLOYEES 199183. A day's pay shall be determined by dividing the number of work days in a normal work schedule in a monthly payroll period (including specified holidays) into the monthly salary established for the position, or the amount of a day's pay shall be 1/10th of the compensation of a normal work schedule in a bi-weekly period (including specified holidays).

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

METHODS OF CALCULATION. 1. BI-WEEKLY 198177. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/hers position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 2. DAILY RATES FOR MONTHLY AND BI-WEEKLY EMPLOYEES 199178. A day's pay shall be determined by dividing the number of work days in a normal work schedule in a monthly payroll period (including specified holidays) into the monthly salary established for the position, or the amount of a day's pay shall be 1/10th of the compensation of a normal work schedule in a bi-weekly period (including specified holidays).

Appears in 1 contract

Samples: Memorandum of Understanding

AutoNDA by SimpleDocs

METHODS OF CALCULATION. 1. BI-WEEKLY 198184. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/hers the employee’s position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 2. DAILY RATES FOR MONTHLY AND BI-WEEKLY EMPLOYEES 199185. A day's pay shall be determined by dividing the number of work days in a normal work schedule in a monthly payroll period (including specified holidays) into the monthly salary established for the position, or the amount of a day's pay shall be 1/10th of the compensation of a normal work schedule in a bi-weekly period (including specified holidays).

Appears in 1 contract

Samples: Memorandum of Understanding

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!