Pay Cycles. All teachers employed as of July 1, 2015, will be paid from August through July in twelve (12) monthly installments. This cycle shall remain consistent for the teacher’s career in the District.
Pay Cycles. (1) Effective July 1, 2007, all teachers employed during the 2006 – 2007 school year, and continuously thereafter, shall remain on their current pay cycles for the remainder of their careers in Cherry Creek.
(2) All teachers who are hired beginning July 1, 2007, shall be paid subject to the following:
a) Teachers on a traditional calendar (i.e., students attend classes from August through the following June), shall be paid September through August (see exception (J)(4) below).
b) Teachers on a 4-track year-round school calendar (i.e., students attend classes from July through the following June) shall be paid August through July (see exception (J)(4) below.)
(3) The only exception to paragraphs 1 and 2 above that can result in a change in pay cycle shall be if the teacher elects to exercise the following option: Any teacher(s) moving from a traditional calendar to a 4-track year-round calendar, either by transfer or by District calendar change for that school, shall be offered the option of changing their pay cycle to J (2)(b) above. Such teacher(s) shall have the option to begin payments for the new contract year in August (resulting in two payments being received in one month). Written notification to the District to initiate this payment must be submitted by the affected teacher(s) no later than July 10 of the new contract year. However, if a teacher transfers to a 4-track year-round school between July 10 and July 31, the teacher shall have five (5) working days to provide written notification to the District to exercise the above provision. No changes shall be made after the August payroll. If such notification is not submitted, the teacher(s) shall remain on the traditional pay cycle.
(4) All teachers entering the District in their first year shall be offered the option to have their annual salary divided over thirteen (13) months provided they work at least fifteen (15) contract days in the month of their first payment. At the end of the teacher’s first year of employment the teacher shall be paid according to the applicable pay cycle identified in J(2) above. With the exception of those teachers in their first year of employment in the District who choose the preceding option, all teachers will be paid the same annualized salary based on their Salary Schedule placement in twelve (12) monthly installments.
