Common use of Compensation Distribution Clause in Contracts

Compensation Distribution. Subd. 1. Pay Dates: Payments will be made on the 5th and the 20th of each month payment is due except on occasions when the 5th or the 20th falls on a weekend or holiday. In the event a pay date falls on a weekend or holiday, the pay date will be moved to the last regular business day before the weekend/holiday or another date, if necessary. A payroll calendar of pay dates will be provided to all employees at the beginning of the school year.

Appears in 3 contracts

Sources: Terms and Conditions of Employment, Terms and Conditions of Employment, Terms and Conditions of Employment