Common use of Salary Payments Clause in Contracts

Salary Payments. For payroll purposes, the workweek shall be defined as Monday through Sunday. In any year, the net pay amounts on the first and last paychecks of the year may vary. Employees working less than a 244-day calendar shall select one (1) of the following salary payment options: 1. Year-round pay: Employees qualified for selecting this option shall determine the dollar amount to be deducted from their bi-weekly paychecks to cover the summer paychecks. Employees choosing this option shall be paid via direct deposit into the employee’s bank, savings and loan institution, or credit union account. Qualified employees shall also have the option of selecting the number of summer pays to be received during the summer months. No deduction for health insurance, union dues, or TSA shall be made from summer paychecks. Newly hired employees who are hired after the close of the enrollment period for this payroll option who desire year-round pay must make this selection at the time of employment. 2. Contractual pay (No summer paychecks – Default Selection): The employee’s salary shall be paid in bi-weekly payments throughout the contractual year. Under this plan, the employee’s salary will be paid in full by the conclusion of his/her calendar and the employee shall not receive summer paychecks. This selection shall be the default selection for employees who fail to make a selection during the payroll options period and shall be paid via direct deposit to the financial institution of the employee’s choice.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Salary Payments. For payroll purposes, the workweek work week shall be defined as Monday through Sunday. In any For the 2005-2006 school year, the net pay amounts on the first and last paychecks of for the year may vary. Employees working less than a 244247-day calendar shall select one (1) of the following three (3) salary payment options: 1. Contractual pay (No summer paychecks, Default Selection): The employee’s salary shall be paid in bi-weekly payments throughout the contractual year. Under this plan, the employee’s salary will be paid in full by the conclusion of his/her calendar and the employee shall not receive summer pay checks. This section shall be the default selection for employees who fail to make a selection during the payroll options period and shall be paid via direct deposit to the financial institution of the employee’s choice. 2. Year-round pay: Employees qualified for selecting this option shall determine the dollar amount to be deducted from their bi-weekly paychecks to cover the summer paychecks. Employees choosing this option shall be paid via direct deposit into the employee’s bank, savings and loan institution, or credit union account. Qualified employees Employees shall also have the option of selecting the number of summer pays to be received during the summer months. No deduction deductions for health insurance, union dues, or TSA TSAs shall be made from summer paycheckspayments. Newly hired employees who are hired after the close of the enrollment period for this payroll option who desire year-year round pay must make this selection at the time of employment. 2. Contractual pay (No summer paychecks – Default Selection): The employee’s salary shall be paid in bi-weekly payments throughout the contractual year. Under this plan, the employee’s salary will be paid in full by the conclusion of his/her calendar and the employee shall not receive summer paychecks. This selection shall be the default selection for employees who fail to make a selection during the payroll options period and shall be paid via direct deposit to the financial institution of the employee’s choice.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Salary Payments. For payroll purposes, the workweek work week shall be defined as Monday through Sunday. In any year, the net pay amounts on the first and last paychecks of the year may vary. Employees working less than a 244-244 day calendar shall select one (1) of the following salary payment options: 1. Year-round pay: Employees qualified for selecting this option shall determine the dollar amount to be deducted from their bi-weekly paychecks to cover the summer paychecks. Employees choosing this option shall be paid via direct deposit into the employee’s bank, savings and loan institution, or credit union account. Qualified employees shall also have the option of selecting the number of summer pays to be received during the summer months. No deduction for health insurance, union dues, or TSA shall be made from summer paychecks. Newly hired employees who are hired after the close of the enrollment period for this payroll option who desire year-year round pay must make this selection at the time of employment. 2. Contractual pay (No summer paychecks – Default Selection): The employee’s salary shall be paid in bi-weekly payments throughout the contractual year. Under this plan, the employee’s salary will be paid in full by the conclusion of his/her calendar and the employee shall not receive summer paycheckspay checks. This selection shall be the default selection for employees who fail to make a selection during the payroll options period and shall be paid via direct deposit to the financial institution of the employee’s choice.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Salary Payments. For payroll purposes, the workweek work week shall be defined as Monday through Sunday. In any year, the net pay amounts on the first and last paychecks of the year may vary. Employees working less than a 244-day calendar shall select one (1) of the following salary payment options:a 1. Year-round pay: Employees qualified for selecting this option shall determine the dollar amount to be deducted from their bi-weekly paychecks to cover the summer paychecks. Employees choosing this option shall be paid via direct deposit into the employee’s bank, savings and loan institution, or credit union account. Qualified employees shall also have the option of selecting the number of summer pays to be received during the summer months. No deduction for health insurance, union dues, or TSA shall be made from summer paychecks. Newly hired employees who are hired after the close of the enrollment period for this payroll option who desire year-year round pay must make this selection at the time of employment. 2. Contractual pay (No summer paychecks – Default Selection): The employee’s salary shall be paid in bi-weekly payments throughout the contractual year. Under this plan, the employee’s salary will be paid in full by the conclusion of his/her calendar and the employee shall not receive summer paycheckspay checks. This selection shall be the default selection for employees who fail to make a selection during the payroll options period and shall be paid via direct deposit to the financial institution of the employee’s choice.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Salary Payments. For payroll purposes, the workweek work week shall be defined as Monday through Sunday. In any school year, the net pay paydollar amounts on the first and last paychecks of the year may vary. Employees working less than a 244-244 day calendar shall select one (1) of the following salary payment options: 1. Year-round pay: Employees qualified for selecting this option shall determine the dollar amount to be deducted from their bi-weekly paychecks to cover the summer paychecks. Employees choosing this option shall be paid via direct deposit into the employee’s bank, savings and loan institution, or credit union account. Qualified employees Employees shall also have the option of selecting the number of summer pays to be received during the summer months. No deduction deductions for health insurance, union dues, or TSA TSAs shall be made from summer paycheckspayments. Newly hired employees who are hired after the close of the enrollment period for this payroll option who desire year-year round pay must make this selection at the time of employment. 2. Contractual pay (No summer paychecks – paychecks, Default Selection): The employee’s salary shall be paid in bi-weekly payments throughout the contractual year. The bi-weekly pay amounts shall be equalized except for the first and last pay period in the contract year. Under this plan, the employee’s salary will be paid in full by the conclusion of his/her calendar and the employee shall not receive summer paycheckspay checks. This selection shall be the default selection for employees who fail to make a selection during the payroll options period and shall be paid via direct deposit to the financial institution of the employee’s choice.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Salary Payments. For payroll purposes, the workweek work week shall be defined as Monday through Sunday. In any year, the net pay amounts on the first and last paychecks of the year may vary. Employees working less than a 244-244 day calendar shall select one (1) of the following salary payment options: 1. Year-round pay: Employees qualified for selecting this option shall determine the dollar amount to be deducted from their bi-weekly paychecks to cover the summer paychecks. Employees choosing this option shall be paid via direct deposit into the employee’s bank, savings and loan institution, or credit union account. Qualified employees shall also have the option of selecting the number of summer pays to be received during the summer months. No deduction for health insurance, union dues, or TSA shall be made from summer paychecks. Newly hired employees who are hired after the close of the enrollment period for this payroll option who desire year-year round pay must make this selection at the time of employment. 2. Contractual pay (No summer paychecks – Default Selection): The employee’s salary shall be paid in bi-weekly payments throughout the contractual year. Under this plan, the employee’s salary will be paid in full by the conclusion of his/her calendar and the employee shall not receive summer paycheckspay checks. This selection shall be the default selection for employees who fail to make a selection during the payroll options period and shall be paid via direct deposit to the financial institution of the employee’s choice.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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