Payment of Salaries. 5.5.1 Basis of Calculation The salaries of principals shall be paid fortnightly and the gross salary for a full pay period is calculated as 14/365ths of the annual salary rate. For broken periods the calculation is the number of days due multiplied by the annual rate and divided by 365. Gross salary comprises all salary and allowances (temporary and those paid on a regular basis).
Payment of Salaries. All faculty, regular and contract, shall be paid semi-monthly.
Payment of Salaries. Long-term relievers
(a) Long term relievers employed in excess of three weeks, shall be paid a salary at the appropriate salary rate specified in this agreement.
(b) If due, the following allowances shall be paid in addition; boarding allowance; staffing incentive allowance.
(c) Long term relievers employed for one year or less shall be entitled to the provisions of this agreement as specified.
(d) A long term relieving teacher appointed to a relieving position for a term of at least one year shall be regarded as a permanent appointment in terms of the provisions of this agreement.
Payment of Salaries. 29.1 Salaries, allowances, penalty or overtime payments due to an Employee must be paid by the Employer by fortnightly electronic direct credit to a bank account, credit union or building society account nominated by the Employee. In exceptional circumstances, including significant delays in payment of salary, the Employer will make provision for off-line payments.
29.2 Where a normal payday falls on a Public Holiday the direct credit to the Employee’s nominated account must be made no later than the last working day prior to the Public Holiday.
29.3 Employees must be provided either in writing or electronically, with details of each pay regarding the make-up of their remuneration and any deductions.
29.4 By agreement with the Employer, the Employee may authorise deductions from salary for forwarding to superannuation funds.
29.5 In the event of an overpayment of salary, allowance, loading or other payment, the Employer must advise the Employee. Similarly, the Employee must advise the Employer if he or she knows there has been an overpayment. Where agreement cannot be reached on a repayment arrangement, the Employer may recover the overpayment by instalments to be paid in accordance with the Financial Management Act 1994 (Vic) as amended from time to time or any successor to that Act.
Payment of Salaries. All Employees shall be paid bi-weekly (every second Friday).
Payment of Salaries. Payment of salaries shall be fortnightly by direct credit to a bank account.
Payment of Salaries. All raises and retroactive salaries shall be paid within ninety (90) days of ratification by the Board of Education. All placements on the salary schedule, movements on the salary schedule, etc. shall be paid within ninety (90) days of submitted verification requirements. The District shall endeavor to pay money due for stipends, extra pay assignments, mileage, and/or other miscellaneous pay on the check for the pay period for which the assignment was performed, but in no cases shall payment be more than ninety (90) days after the submission for the service or duty. If payment is made within the above-stated time periods any statutory or other penalties or interest shall not apply and are expressly waived.
Payment of Salaries. 1. Full-time, regular contract, certified employees shall be paid for services rendered on a twelve-month basis, payable the 20th day of the month. When the 20th day of the month is on a Saturday or a Sunday, or falls within non-working days during the school year, the checks will be distributed the last working day preceding the 20th day of the month. This salary shall be based on the school year including teaching days and non-teaching professional days.
2. Exceptions shall not apply if the receipt of a salary payment would constitute payment in advance for services yet to be performed.
3. If a professional employee goes on leave of absence, retires, resigns, or is terminated for any cause before serving the full school year, the professional employee's salary shall be adjusted and paid on the basis of the relationship between the number of contract days worked and the total number of days in the contract year.
4. An exception to the regular receipt of salaries shall be that a professional employee may elect to receive any remaining installments due at that time the professional employee receives the tenth monthly installment as provided by K.S.A. 74-4940.
5. Newly hired professional employees may, at the beginning of their first year of employment, elect to receive $1,200 of their yearly salary on August 20th. The remainder of their salary will be paid in 12 equal installments.
Payment of Salaries. With the exception of section 37.7, salaries shall be paid in biweekly instalments every second Friday throughout the appointment period. OC agrees to have salaries deposited to each employee’s bank, trust company, or credit union account in the OC region.
Payment of Salaries. 4.7.1 The salaries of permanent and relieving and temporary teachers shall be paid fortnightly by direct credit.
