Common use of Summer School Compensation Clause in Contracts

Summer School Compensation. Teachers who are contracted to teach an Indiana State Approved Course will be paid a sum using their full summer school contract rate based on the below calculations. Eligible programs include all courses included in the Indiana State Approved Course and Title Descriptions for the 2023-2024 and 2024-2025 school years. The below compensation and payment schedule will be used: Grade Level Initial Payment (amount) Final Payment (Calculated balance) High School 2nd payroll June ($1,500) 1st payroll August (calculated balance) Middle School 2nd payroll June ($250/class) 1st payroll August (calculated balance) Elementary Jumpstart 2nd payroll in June ($250/ class) 1st payroll August (calculated balance) 1st payroll August (full amount) *Due to the start time of Jumpstart, the full amount owed will be issued in a one-time payment on the first payroll in August. Summer school compensation will be calculated based on the below formula: Individual Teacher’s Current base salary/184 days/6 hours = SS Hourly Rate SS Hourly Rate x SS Hours per day = SS Daily Rate SS Daily Rate x SS Days = SS contract amount SS Contract - Initial Pay = Calculated Balance

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Summer School Compensation. Teachers who are contracted to teach an Indiana State Approved Course will be paid a sum using their full summer school contract rate based on the below calculations. Eligible programs include all courses included in the Indiana State Approved Course and Title Descriptions for the 2023-2024 and 2024-2025 school years. The below compensation and payment schedule will be used: Grade Level Initial Payment (amount) Final Payment (Calculated balance) High School 2nd payroll June ($1,500) 1st payroll August (calculated balance) Middle School 2nd payroll June ($250/class) 1st payroll August (calculated balance) Elementary Jumpstart 2nd payroll in June ($250/ class) 1st payroll August (calculated balance) Jumpstart 1st payroll August (full amount) *Due to the start time of Jumpstart, the full amount owed will be issued in a one-time payment on the first payroll in August. Summer school compensation will be calculated based on the below formula: Individual Teacher’s Current base salary/184 days/6 hours = SS Hourly Rate SS Hourly Rate x SS Hours per day = SS Daily Rate SS Daily Rate x SS Days = SS contract amount SS Contract - Initial Pay = Calculated Balance

Appears in 1 contract

Samples: Master Agreement

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