Fractional Payroll Weeks Sample Clauses

The 'Fractional Payroll Weeks' clause defines how employee compensation is calculated for partial weeks of work. Typically, if an employee works less than a full payroll week—such as when starting or ending employment mid-week—their pay for that week is prorated based on the number of days or hours actually worked. This ensures that employees are fairly compensated for their time, and employers have a clear method for calculating partial payments, thereby preventing disputes and ensuring payroll accuracy.
Fractional Payroll Weeks. (a) The parties confirm that any day worked by a Weekly Schedule employee in a partial workweek either before or after one (1) full week of employment may be prorated at the rate of one-fifth (1/5) of the studio weekly rate for each studio workday. (b) (Applicable to [exempt] Classifications - Occ. Code Numbers: 7300, 7310, 7320, 7321, 7330, 7390 and 7392 only):
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Fractional Payroll Weeks 
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Related to Fractional Payroll Weeks

  • Credited Service In addition to Current Credited Service the Adopting Employer may include as Credited Service the following types of service:

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