Conversion Costs. If the State determines it is in its best interest to hire or convert the employee of the Contractor or a Sub-vendor to a State employee or to a State designated payroll provider after a 6-month period, Contractor or Sub-vendor will release employee from any non-compete agreements that may be in effect. This will be at no cost to the State, Contractor or employee. If the State determines it would be in the best interest to hire the employee of the Contractor or Sub-vendor, prior to completion of a 6-month period, the State will notify the Contractor or applicable Sub-vendor, who will in turn contact the Contractor or applicable Sub-vendor, of the State’s intent to hire the resource. The State and Contractor will follow the schedule of conversion fees found below: Non-Professional Positions *”Non-Professional” is defined as those positions earning an annual salary equivalent to less than $40,000 per year* Conversion Fee (Not to Exceed) 0-160 hours worked 161-320 hours worked 321-480 hours worked 481 + hours worked 20% of pay rate 15% of pay rate 10% of pay rate $0 fee Professional Positions *”Professional” is defined as those positions earning an annual salary of $40,000+ per year* Conversion Fee (Not to Exceed) 0-320 hours worked 321-640 hours worked 641-960 hours worked 960 + hours worked 20% of pay rate 15% of pay rate 10% of pay rate $0 fee
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