Common use of New Hires and Employees on a Leave of Absence Clause in Contracts

New Hires and Employees on a Leave of Absence. A. New employees hired from January 1 of the previous year through June 30 shall be eligible to receive a pro-rata portion of the salary progression payment described in 7.3 above. 1. A pro-rata portion equals 1/12 of the full salary progression amount for each full month worked. 2. Employees who begin employment on the first through the eighth day of a month receive full credit for the month; employees who begin their employment on the ninth through the twenty-third day of the month receive half credit for the month; employees who begin their employment after the twenty-third day of the month receive no credit for the month. B. New employees hired July 1 through December 31 shall be eligible in January following their first year anniversary for the full amount of the salary progression payment described in 7.3 above. C. 1. An employee who goes on an unpaid leave of absence, is on a furlough leave for more than 30 days, or is absent without pay for ten or more intermittent days during pay period 1 through pay period 26, will receive a pro-rata portion of these payments (1/12 for every completed month of employment) as follows:

Appears in 7 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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