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
Monthly Salary. Monthly salary means the current monthly salary. Fixed monthly salary, in this context, means - fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - such commissions, profit sharing, bonuses, or the like, earned during periods of absence without a direct connection to the personal work efforts of the salaried employee - guaranteed minimum commissions or the like. If a period of leave comprises one or more entire calendar months/settlement periods, the entire monthly salary of the salaried employee shall be deducted for each of such calendar months/settlement periods.
Monthly Salary. An employee shall be paid 1/10 of current annual salary in respect of each month in which the employee works all prescribed school days that month.
Monthly Salary. Monthly salary means - fixed monthly salary in cash plus any fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - the estimated average monthly income from commissions, profit sharing, bonuses, incentive pay or similar variable salary elements. As to salaried employees who receive a substantial part of their pay through such elements, a special agreement should be made concerning the amount of pay that will constitute the monthly salary from which the deduction shall be made. - Monthly salary means also benefits in the form of meals or housing valued according to the directions of the Tax Agency.
Monthly Salary. The monthly salary shall be the quotient of the annual salary divided by 12.
Monthly Salary. Installments
5.3.1 All employees will receive payment in equal monthly installments (September – August).
5.3.2 Pay for changes in assignments (additions or reductions) will be made in equal installments for the months remaining in the initial assignment.
5.3.3 Employees who have additional assignments may be paid monthly for additional hours worked.
Monthly Salary. Monthly salary means - fixed monthly salary in cash plus any fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - the estimated average monthly income from commissions, profit sharing, bonuses, incentive pay or similar variable salary elements. As to salaried employees who receive a substantial part of their pay through such elements, a special agreement should be made concerning the amount of pay that will constitute the monthly salary from which the deduction shall be made.
Monthly Salary. Normally, 10% of the applicable yearly salary stated in Appendices H and I will be due and payable by the last working day of each teaching month BUT this monthly salary may require an adjustment where the employee has:
*a. Been on Medical Leave of Absence after the expiry of paid sick leave, and/or *b. Been on Leave of Absence Without Pay (see Article G.21), and/or *c. Been on Leave of Absence at the cost of substitute (see Article G.21), and/or *d. Been hired in mid-month after the start of the current school year, or *e. Terminated in mid-month.
Monthly Salary. The Employer shall pay salaries on a monthly basis in accordance with the salary schedule attached hereto and forming part of this Collective Agreement by dividing the annual salary by 12.
Monthly Salary. The Company shall pay Employee an aggregate monthly salary of Twenty Two Thousand New Israeli Shekels (NIS 22,000), (the the “Salary”). Accordingly, the Salary shall be inclusive of all overtime and other similar compensation and shall be payable not later than the 10th day of each month with respect to the preceding month, in accordance with the Company’s payroll practices. The Employee shall be entitled to receive cost-of-living adjustments “Tosefet Yoker” or other statutory or mandatory required increase in salary. The Company shall deduct from the salary all national insurance fees, health insurance fees, income tax and any other amounts required by law, and shall provide the Employee with requisite documentation regarding such deductions. The duties of the Employee in accordance with this Agreement involve duties that require of him special personal care and loyalty, and therefore the directives of the Work Hours and Rest Law, 1951, or any law to be enacted in its place, will not be applicable to the Employee or to his activities which he will perform for the Company. The Employee will not be entitled to remuneration according to the Work Hours and Rest Law, 1951.
