Equal Installments. An employee hired after January 1, 2007, and employed for less than 2,080 hours in a 4 work year may not elect to have his or her salary paid over twelve (12) equal installments. An employee 5 shall be paid once per month payable on or before the last working day of the month. The District shall 6 have the right to reconcile payroll as necessary. The calculation for final pay compensation will be to 7 compare the amount of compensation received in equal installments beginning July 1 of the final year to 8 the amount of compensation due for the actual hours worked during the same period of time. The 9 difference will result in the final compensation due to or owed by the employee. 10 In the event the last work day of the month falls on a Saturday or a holiday immediately preceding the
Appears in 5 contracts
Samples: Sierra Joint Community College District, Sierra Joint Community College District, www.sierracollege.edu
