Common use of SEVERANCE PAY SCHEDULE Clause in Contracts

SEVERANCE PAY SCHEDULE. HOURS YEARS WEEK'S PAY 2088 - 4176 1 1 4177 - 6264 2 2 6265 - 8352 3 3 8353 - 10440 4 4 10441 - 12528 5 5 12529 - 14616 6 7 14617 - 16704 7 9 16705 - 18792 8 11 18793 - 20880 9 13 20881 - 22968 10 15 22969 - 25056 11 18 25057 - 27144 12 21 27145 - 29232 13 24 29233 - 31320 14 27 31321 - 33408 15 30 33409 - 35496 16 33 35497 - 37584 17 36 37585 - 39672 18 39 39673 - 41760 19 42 41761 - 43848 20 45 43849 - 45936 21 48 45937 - 48024 22 51 48025 - 50112 23 52 50113 - 52200 24 52 52201 - 54288 25 52 etc. EXAMPLE OF SEVERANCE PAY FOR LESS THAN FULL- TIME EMPLOYEE Average number of hours worked in previous calendar year: 1980 Full-Time employee hours: 2088 Proportion (or percentage) 1980 = 94.8% 2088 .948 x $S.P. = $ Gross Amount to be paid S.P. = Severance Payment from schedule

Appears in 3 contracts

Samples: escholarship.org, irle.berkeley.edu, escholarship.org

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SEVERANCE PAY SCHEDULE. HOURS YEARS WEEK'S PAY 2088 - Hours Years Weeks Pay 2088-4176 1 1 4177 - 4177-6264 2 2 6265 - 6265-8352 3 3 8353 - 8353-10440 4 4 10441 - 10441-12528 5 5 12529 - 12529-14616 6 7 14617 - 14617-16704 7 9 16705 - 16705-18792 8 11 18793 - 18793-20880 9 13 20881 - 20881-22968 10 15 22969 - 22969-25056 11 18 25057 - 25057-27144 12 21 27145 - 27145-29232 13 24 29233 - 29233-31320 14 27 31321 - 31321-33408 15 30 33409 - 33409-35496 16 33 35497 - 35497-37584 17 36 37585 - 37585-39672 18 39 39673 - 39673-41760 19 42 41761 - 41761-43848 20 45 43849 - 43849-45936 21 48 45937 - 45937-48024 22 51 48025 - 48025-50112 23 52 50113 - 50113-52200 24 52 52201 - 52201-54288 25 52 etc. EXAMPLE OF SEVERANCE PAY FOR LESS THAN FULL- FULL TIME EMPLOYEE Average number of hours worked in previous calendar year: 1980 Full-Time Full time employee hours: 2088 Proportion (or percentage) 1980 = 94.8% 2088 .948 x $S.P. = $ $Gross Amount to be paid S.P. = Severance Payment from schedule

Appears in 1 contract

Samples: Collective Bargaining Agreement

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