SALARY AND FACTORS Sample Clauses

SALARY AND FACTORS. A. In addition to annual salary all members will receive a board contribution of $80.00/month for 12 months/year towards a tax sheltered annuity. B. Salary Guide – See Addendum A. Salary Payment Schedule 1. Employees on a twelve-month basis shall be paid in twenty-six (26) bi-weekly installments. Beginning July 1, 2006, employee salaries will be paid semi- monthly. 2. Employees on a ten-month basis shall be paid in twenty-two (22) bi-weekly installments. Beginning July 1, 2006, employee salaries will be paid semi- monthly. 3. When a payday falls on or during a school holiday, ten-month employees shall receive their paychecks on the last previous working day. Ten-month employees shall receive their final checks for the school year and a list of pay dates for the following year on their last working day in June. 4. When requested by ten-month supervisors, the Board shall deduct 10% of their salary from each of their paychecks. These funds shall be paid to the employees on July 15 of the next fiscal year. All funds so deducted shall be deposited by the business office in an interest bearing account. Whenever interest earnings accrue, they shall be deposited in an account designated the LTPSA Scholarship Fund. B. In accordance with state statutes, the Board may withhold any increment provided by the Salary Guide and the employee, denied an Increment to which he/she is otherwise entitled, shall have recourse only to the appeals procedures prescribed by such statutes. C. The Board shall deduct from employees' salaries money for any or all of the following as requested by such employees: 1. Disability and accident insurance. 2. Annuities.
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SALARY AND FACTORS. Base Amount Contract: Add relevant factors and multiply by: 10 month: 1.0 2018-2019: $83,400 10.5 month (8/16 through 6/30): 1.05 2019-2020: $85,150 12 month: 1.2 2020-2021: $86,950 Members not on the Factor Guide shall receive an annual salary increase equal to the average of the annual salary increase of all other members of the unit. 0 years: 1 year: 2 years: 3 years: 4 years: 5 years: 6 years: 7 years: 8 years: 9 years: 10 years: 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.10 11 years: 12 years: 13 years: 14 years: 15 years: 16 years: 17 years: 18 years: 19 years: 20 years: 0.11 0.12 0.13 0.14 0.15 0.16 0.17 0.18 0.19 0.20 Masters 0.00 Master + 30 0.03 Doctorate 0.06 Elementary principal: 0.37 Middle school principal: 0.47 High school principal: 0.57 ES assistant principal: 0.03 MS assistant principal: 0.10 HS assistant principal: 0.20 HS athletic director: 0.20 Director, Special Education: 0.37 Supervisor: 0.08 Per Diem pay is determined as follows: 1. For twelve month employees, their yearly salary will be divided by 240 to obtain a per diem rate. 2. For ten month employees, their yearly salary will be divided by 185 to obtain their per diem rate. 3. For ten and one-half month employees, their yearly salary will be divided by 200 to obtain their per diem rate.
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SALARY AND FACTORS 
Sample 1

Related to SALARY AND FACTORS

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Salary and Bonus Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Salary Scales ‌ 2.5.1 Effective from 1 January 2024, and subject to the Remuneration provisions in the Terms of Settlement, a 4% increase will apply to all paid and printed rates. The following Allied Divisions shall refer to the applicable schedules for their scales: MIT, UCOL and Otago. 2.5.2 Effective from 1 January 2025, kaimahi will be translated into the following salary scale, which includes the 4% salary increase: Band Step (N/A for UCOL and TOPNZ) Scale Scale 2025 (4%) 40 hours Band Step(N/A for UCOL and TOPNZ Scale 2025 (4%) Scale 2025 (4%)

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions: (A) Deductions from a salaried employee's salary may be made for any workweek in which the salaried employee performs no work. (B) Deductions from a salaried employee's salary may be made when the employee absents himself from work for a full day or days for personal reasons, other than sickness or accident. This provision shall not prevent appropriate deductions from being made from any employee's vacation leave balance pursuant to Article 11 of this Agreement for absences of less than a day for personal reasons, other than sickness or accident. (C) Deductions from an employee's salary may be made when a salaried employee absents himself from work for a day (or days) for sickness or accident disability in accordance with the provisions of Articles 13 and 14 of this Agreement. (D) Deduction in a salaried employee's salary may be made for the initial or terminal week of the salaried employee if the salaried employee fails to work the entire workweek.

  • Base Compensation The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $185,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

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