PAY COMPUTATION Sample Clauses

PAY COMPUTATION. (a) Except as otherwise provided in Subsections 8.9(b) and (c), vacation pay shall be computed at the straight rate of pay applicable to the employee's regular classification as of the time vacation is taken. (Amended 1-1-91)
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PAY COMPUTATION. 1. All regular runs and group reliefs shall be set up on the basis of five (5) consecutive workdays per week and shall have two (2) regularly assigned days off.
PAY COMPUTATION. 11.01 For the purpose of computing pay, a period of over fifteen (15) minutes shall be considered a full hour at the prevailing rate.
PAY COMPUTATION. The Board shall include on each employee’s check a breakdown showing the regular and extra hours and trips which were paid for that pay period. All reimbursable expenses shall be paid to the employee in a separate check no later than one (1) month from the date the expenses were incurred.
PAY COMPUTATION. The employee may at his/her option, receive his/her bi-weekly pay over a period of twenty (20) pays or may elect to be paid in equal installments over a period of twenty-six (26) total pays. Employees exercising this option must do so on an annual basis and shall notify the Board in writing no later than August 1st of each year.
PAY COMPUTATION. (a) Incentive standards will be expressed in terms of standard time values and not in terms of price per piece or multiples thereof. Xxxxxxxxx earned will be expressed in terms of "earned hours" which will be multipliable by the incentive base rate of the job classification to arrive at total monetary earnings.
PAY COMPUTATION. For computation purposes only, a day’s pay shall be defined as one-fifth (1/5) of weekly salary.
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PAY COMPUTATION. The Board shall include with each bus driver's pay check a breakdown showing the trips, which were paid for that pay period. All reimbursable expense shall be paid to the employee in a separate check by no later than one (1) month from the date the expenses were incurred.

Related to PAY COMPUTATION

  • Salary Computation The regular salary for each employee shall be based on the actual number of days or hours worked in the pay period, including authorized absences with pay, multiplied by the employee's daily or hourly rate. Such payments shall not exceed the biweekly rate as determined by the employee's range and step.

  • COMPUTATION OF BACK WAGES No claim for back wages shall exceed the amount of wages the employee would otherwise have earned at the employee's regular rate less:

  • Computation of Overtime In computing overtime a period of thirty (30) minutes or less shall be counted as one-half (½) hour and a period of more than thirty (30) minutes but less than sixty (60) minutes shall be counted as one (1) hour.

  • Interest Eligibility and Computation If NYSERDA fails to make Prompt Payment, NYSERDA shall pay interest to the Contractor on the Payment when such interest computed as provided herein is equal to or more than ten dollars ($10.00). Interest shall be computed and accrue at the daily rate in effect on the Date of Payment, as set by the New York State Tax Commission for corporate taxes pursuant to Section 1096(e)(1) of the Tax Law. Interest on such a Payment shall be computed for the period beginning on the day after the Payment Due Date and ending on the Date of Payment.

  • Computation of Interest Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

  • Balance Computation Method For all dividend-bearing Accounts, dividends are calculated by the average daily balance method which applies a daily periodic rate to the average daily balance for the average daily balance calculation period. The average daily balance is determined by adding the full amount of the principal in Your Account for each day of the period and dividing that figure by the number of days in the period. Accrual on Noncash Deposits. For dividend-bearing Accounts, dividends will begin to accrue on the business day that You deposit noncash items (e.g. checks) into Your Account.

  • Holiday Compensation 1. Those employees working a five-day per week schedule with Saturdays and Sundays as normal days off shall receive cash payment for eight (8) hours per holiday subject to the conditions of this article.

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

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