Common use of Payday and Pay Advances Clause in Contracts

Payday and Pay Advances. ‌ A. All employees shall normally be paid no later than the first of the month. When a payday occurs on Monday through Friday, payroll checks shall be released to employees on that day. When a payday falls on a Saturday, Sunday or Holiday, employee paychecks shall be made available after 8:00 a.m. on the last working day of the month. The release day for December paychecks dated January 1 shall be the first working day in January to avoid the risk of December's paychecks being included in the prior year's earnings for tax. B. Employees will be allowed one (1) pay advance during their first thirty C. The parties agree that pay advances will be kept to an absolute minimum and are for emergencies. Within that context, employees may obtain an advance on their salary subject to management's approval. The amount of the request shall not exceed sixty percent (60%) of gross pay earned to date in the month, but shall be at least one hundred dollars ($100.00). Employees may convert accrued compensatory time in lieu of a payday advance. Employees may submit requests up to the final monthly payroll cutoff date. Pay advance requests will normally be submitted to the payroll office by the fifteenth (15th) of the month. If any employee requests more than one (1) pay advance in any twelve (12)- month period, management has the right to deny it, if a valid emergency does not exist. (1) Death in family (2) Major car repair (3) Theft of funds (4) Automobile accident (loss of vehicle use) (5) Accident or sickness (6) Destruction or major damage to home (7) New employee lack of funds (maximum - 1 draw) (8) Moving due to transfer or promotion

Payday and Pay Advances. ‌ A. All employees shall normally be paid no later than the first of the month. When a payday occurs on Monday through Friday, payroll checks shall be released to employees on that day. When a payday falls on a Saturday, Sunday or Holiday, employee paychecks shall be made available after 8:00 a.m. on the last working day of the month. The release day for December paychecks dated January 1 shall be the first working day in January to avoid the risk of December's paychecks being included in the prior year's earnings for tax. B. Employees will be allowed one (1) pay advance during their first thirtythirty (30) days of employment. C. The parties agree that pay advances will be kept to an absolute minimum and are for emergencies. Within that context, employees may obtain an advance on their salary subject to management's approval. The amount of the request shall not exceed sixty percent (60%) of gross pay earned to date in the month, but shall be at least one hundred dollars ($100.00). Employees may convert accrued compensatory time in lieu of a payday advance. Employees may submit requests up to the final monthly payroll cutoff date. Pay advance requests will normally be submitted to the payroll office by the fifteenth (15th) of the month. If any employee requests more than one (1) pay advance in any twelve (12)- month 12)-month period, management has the right to deny it, if a valid emergency does not exist. (1) Death in family (2) Major car repair (3) Theft of funds (4) Automobile accident (loss of vehicle use) (5) Accident or sickness (6) Destruction or major damage to home (7) New employee lack of funds (maximum - 1 draw) (8) Moving due to transfer or promotion

Payday and Pay Advances. ‌ A. All employees shall normally be paid no later than the first of the month. When a payday occurs on Monday through Friday, payroll checks shall be released to employees on that day. When a payday falls on a Saturday, Sunday or Holiday, employee paychecks shall be made available after 8:00 a.m. on the last working day of the month. The release day for December paychecks dated January 1 shall be the first working day in January to avoid the risk of December's paychecks being included in the prior year's earnings for tax. B. Employees will be allowed one (1) pay advance during their first thirty C. The parties agree that pay advances will be kept to an absolute minimum and are for emergencies. Within that context, employees may obtain an advance on their salary subject to management's approval. The amount of the request shall not exceed sixty percent (60%) of gross pay earned to date in the month, but shall be at least one hundred dollars ($100.00). Employees may convert accrued compensatory time in lieu of a payday advance. Employees may submit requests up to the final monthly payroll cutoff date. Pay advance requests will normally be submitted to the payroll office by the fifteenth (15th) of the month. If any employee requests more than one one (1) pay advance in any twelve (12)- month 12)-month period, management has the right to deny it, if a valid emergency does not exist.. Emergencies include, but are not limited to, the following circumstances: (1) . Death in family (2) . Major car repair (3) . Theft of funds (4) . Automobile accident (loss of vehicle use) (5) . Accident or sickness (6) . Destruction or major damage to home (7) . New employee lack of funds (maximum - 1 draw) (8) 8. Moving due to transfer or promotion

Payday and Pay Advances. ‌ A. All employees shall normally be paid no later than the first of the month. When a payday occurs on Monday through Friday, payroll checks shall be released to employees on that day. When a payday falls on a Saturday, Sunday or Holiday, employee paychecks shall be made available after 8:00 a.m. on the last working day of the month. The release day for December paychecks dated January 1 shall be the first working day in January to avoid the risk of December's paychecks being included in the prior year's earnings for tax. B. Employees will be allowed one (1) pay advance during their first thirty C. The parties agree that pay advances will be kept to an absolute minimum and are for emergencies. Within that context, employees may obtain an advance on their salary subject to management's approval. The amount of the request shall not exceed sixty percent (60%) of gross pay earned to date in the month, but shall be at least one hundred dollars ($100.00). Employees may convert accrued compensatory time in lieu of a payday advance. Employees may submit requests up to the final monthly payroll cutoff date. Pay advance requests will normally be submitted to the payroll office by the fifteenth (15th) of the month. If any employee requests more than one (1) pay advance in any twelve (12)- month period, management has the right to deny it, if a valid emergency does not exist.. Emergencies include, but are not limited to, the following circumstances: (1) Death in family (2) Major car repair (3) Theft of funds (4) Automobile accident (loss of vehicle use) (5) Accident or sickness (6) Destruction or major damage to home (7) New employee lack of funds (maximum - 1 draw) (8) Moving due to transfer or promotion