Common use of PART MONTH PAYMENTS AND DEDUCTIONS Clause in Contracts

PART MONTH PAYMENTS AND DEDUCTIONS. 1. The rate of deduction for a day without pay shall be defined as 1/200 of the current annual salary of the employee. If the result of this deduction in any month equals zero, the employee shall be paid 1/200 of their current annual salary for each day worked.

PART MONTH PAYMENTS AND DEDUCTIONS. 1. a. The rate of deduction for a day without pay shall be defined as 1/200 of the current annual salary of the employee. If the result of this deduction in any month equals zero, the employee shall be paid 1/200 of their current annual salary for each day worked.

PART MONTH PAYMENTS AND DEDUCTIONS. 1. The rate of deduction for a day without pay shall be defined as 1/200 of the current annual salary of the employee. If the result of this deduction in any month equals zero, the employee shall be paid 1/200 of their his/her current annual salary for each day worked.