Salary Disbursement Sample Clauses

Salary Disbursement. A. The Board of Education agrees to pay employees in twenty-six (26) equal pay periods unless prohibited by computer hardware or software and/or other unforeseen and non- preventable problems. These pay dates will be made on Friday insofar as possible. All new employees will have his/her pay period delayed for one pay period.
AutoNDA by SimpleDocs
Salary Disbursement. An employee can elect to receive his/her annual salary in ten (10) equal payments rather than twelve (12) equal payments beginning with the September check. Requests must be in the District office by the first student contact day of any year to do so. The District will provide information to all new hires regarding this section.
Salary Disbursement. Salary checks shall be issued on alternating Fridays, beginning the second Friday of the school year. In the event a payday falls during a time school is not in session, with the exception of fall break, Christmas recess, and spring break, certified school employees will be issued their checks on the last working day. Each certified school employee shall receive one twenty-sixth (1/26th) of his/her contractual salary each pay period, except the last installment in June shall include payment for all salary remaining to be paid under the terms of the certified school employee’s Regular Teacher Contract; or at the option of the certified school employee, continue to be paid bi-weekly until all remaining salary has been paid. Certified school employees shall inform the Superintendent or his designee, on the approved School Corporation form, as to which mode of salary disbursement they elect, for the subsequent school year, by June first of each year. Failure to turn in said form will result in the certified school employee being paid in the same mode of salary disbursement as the previous school year. (If the semi-annual county tax payment from the county auditor has not been made available to the School Corporation by the twenty-second (22nd) pay period, then the School Corporation may delay one (1) week in paying the final four (4) installments.)
Salary Disbursement. All employees, except temporary and substitute employees shall be paid in twelve (12) equal monthly installments. Any overtime or adjustments to the daily hours will appear as an adjustment on the paycheck for the payroll period in which the adjustment occurred. Employees who separate from employment during the school year shall receive all accrued compensation in a final paycheck issued at the end of the next available payroll period. All salary warrants shall be directly deposited into a bank account identified by the employee.

Related to Salary Disbursement

  • Salary Determination 12.5.1 A unit member shall receive a salary not less than the minimum salary nor more than the maximum salary (Articles 12.3 and 12.4) for the rank to which appointed, except as provided in Articles 4.15, 5.6, 10.6.1 or Article 10.6.1.1. The effective dates for salaries shall be the appropriate dates specified in Article 12.2.2.

  • Shift Differential Compensation Any employee in the bargaining unit whose assigned work shift commences (for unit-1) prior to 5:30 a.m. or whose work shift ends after 5:30 p.m., or (for unit-2 members) commences after 2:00 p.m. shall be paid a shift differential premium of five (5%) percent above the regular rate of pay for all hours worked.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Total Compensation Contractor shall include Total Compensation in XXX for each of its five most highly compensated Executives for the preceding fiscal year if:

  • 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:

Time is Money Join Law Insider Premium to draft better contracts faster.