Common use of Payroll Periods Clause in Contracts

Payroll Periods. The Town and Association agree to the continuation of a biweekly payroll period. The following conditions are in effect: A. Employee pay shall not be withheld more than seven (7) calendar days from the end of the payroll period, however, a maximum of two days overtime may appear on the next payroll period if it is worked following the submittal of time sheets, or during a pay period with a Town holiday which requires early submittal of time sheets and early distribution (before Friday) of pay checks. This may also occur at the end of the fiscal or calendar year. B. The Town shall provide an optional electronic check deposit system for use by employees.

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Payroll Periods. The Town and Association agree to the continuation of a biweekly payroll period. The following conditions are in effect: A. 17.1 Employee pay shall not be withheld more than seven (7) calendar days from the end of the payroll period, ; however, a maximum of two days overtime may appear on the next payroll period if it is worked following the submittal of time sheets, or during a pay period with a Town holiday which requires early submittal of time sheets and early distribution (before Friday) of pay checks. This may also occur at the end of the fiscal or calendar year. B. 17.2 The Town shall provide an optional electronic check deposit system for use by employees.

Appears in 1 contract

Samples: Memorandum of Understanding

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