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 teacher. 2. A teacher shall be paid 1/10 of current annual salary in respect of each month in which the teacher works all prescribed school days that month. 3. For purpose of the above clause, any prescribed day on which the employee is on authorized leave of absence with pay shall be deemed to be a day of work and deductions (if any) which are authorized by this Agreement (or statutes) in respect of such leave shall be made from the monthly salary required in that article. 4. In the event that an employee commences work on a day other than the first prescribed school day in that month, or terminates on a day other than the last prescribed school day of that month, the formula for that month’s salary shall be calculated on a ratio of days worked over the number of working days in the month.

Appears in 4 contracts

Samples: Local Collective Agreement, Local Collective Agreement, Local Collective Agreement

AutoNDA by SimpleDocs

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 teacher. 2. A teacher shall be paid 1/10 of current annual salary in respect of each month in which the teacher works all prescribed school days that month. 3. For purpose of the above clause, any prescribed day on which the employee is on authorized leave of absence with pay shall be deemed to be a day of work and deductions (if any) which are authorized by this Agreement (or statutes) in respect of such leave shall be made from the monthly salary required in that article. 4. In the event that an employee commences work on a day other than the first prescribed school day in that month, or terminates on a day other than the last prescribed school day of that month, the formula for that month’s salary shall be calculated on a ratio of days worked over the number of working days in the month.

Appears in 1 contract

Samples: Local Collective Agreement

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