Salary Installment Election. A. Salary for full-time members with July – June contracts will be paid in 12 equal installments. B. Salary for full-time members with less than a full-year contract or a fixed- term contract will be paid in equal installments over the months covered by the contract. C. Full-time members with September – June contracts may elect to be paid in ten (10) (September – June) or twelve (12) (September – August) equal installments. 1. Members must make an annual election prior to the start date of their contract by electing the ten (10) month or twelve (12) month option on their annual FT Faculty contract. 2. The annual election is irrevocable, and cannot be changed after the contract begins. 3. If the faculty member does not make an election by the first day of their annual contract, their annual contract will default to be paid over the ten (10) month period covered by the contract. D. If contract revisions occur mid-year for a full-time member, remaining annual salary owed will be paid in equal installments covering the remainder of the elected contract payment period. E. Payday will typically fall on the last working day of each month. F. Adjunct members will be paid in equal installments as indicated on the Notice of Assignment form.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Salary Installment Election.
A. Salary for full-time members with July – June contracts will be paid in 12 equal installments.
B. Salary for full-time members with less than a full-year contract or a fixed- term contract will be paid in equal installments over the months covered by the contract.
C. Full-time members with September – June contracts may elect to be paid in ten (10) (September – June) or twelve (12) (September – August) equal installments.
1. Members must make an annual election prior to the start date of their contract by electing the ten (10) month or twelve (12) month option on their annual FT Faculty contract.
2. The annual election is irrevocable, and cannot be changed after the contract begins.
3. If the faculty member does not make an election by the first day of their annual contract, their annual contract will default to be paid over the ten (10) month period covered by the contract.
D. If contract revisions occur mid-year for a full-time member, remaining annual salary owed will be paid in equal installments covering the remainder of the elected contract payment period.
E. Payday will typically fall on the last working day of each month.
F. Adjunct members will be paid in equal installments as indicated on the Notice of Assignment form.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Salary Installment Election.
A. Salary X. Xxxxxx for full-time members with July – June contracts will be paid in 12 equal installments.
B. Salary for full-time members with less than a full-year contract or a fixed- term contract will be paid in equal installments over the months covered by the contract.
C. Full-time members with September – June contracts may elect to be paid in ten (10) (September – June) or twelve (12) (September – August) equal installments.
1. Members must make an annual election prior to the start date of their contract by electing the ten (10) month or twelve (12) month option on their annual FT Faculty contract.
2. The annual election is irrevocable, and cannot be changed after the contract begins.
3. If the faculty member does not make an election by the first day of their annual contract, their annual contract will default to be paid over the ten (10) month period covered by the contract.
D. If contract revisions occur mid-year for a full-time member, remaining annual salary owed will be paid in equal installments covering the remainder of the elected contract payment period.
E. Payday will typically fall on the last working day of each month.
F. Adjunct members will be paid in equal installments as indicated on the Notice of Assignment form.
Appears in 1 contract
Samples: Collective Bargaining Agreement
Salary Installment Election.
A. 1. Salary for full-time members with July – June contracts will be paid in 12 equal installments.
B. 2. Salary for full-time members with less than a full-year contract or a fixed- fixed-term contract will be paid in equal installments over the months covered by the contract.
C. 3. Full-time members with September – June contracts may elect to be paid in ten (10) (September – June) or twelve (12) (September – August) equal installments.
1. a. Members must make an annual election prior to the start date of their contract by electing the ten (10) month or twelve (12) month option on their annual FT Faculty contract.
2. b. The annual election is irrevocable, and cannot be changed after the contract begins.
3. c. If the faculty member does not make an election by the first day of their annual contract, their annual contract will default to be paid over the ten (10) month period covered by the contract.
D. 4. If contract revisions occur mid-year for a full-time member, remaining annual salary owed will be paid in equal installments covering the remainder of the elected contract payment period.
E. 5. Payday will typically fall on the last working day of each month.
F. 6. Adjunct members will be paid in equal installments as indicated on the Notice Notification of Assignment form.
Appears in 1 contract
Samples: Collective Bargaining Agreement
