Pay Delivery System Sample Clauses

Pay Delivery System. Effective July 1, 2016, the District will move to a payment in arrears 26 system for employee payroll. (a) Standard Pay Period: Employees will receive an initial pay check reflecting an 28 amount equal to the pay period rate multiplied by the percentage of the days worked in the 29 initial pay period, not to exceed a full pay period rate of pay. Thereafter, paychecks 30 representing a full pay period rate based on the employee’s annual salary will be issued 31 semi-monthly.

Pay Delivery System. Effective July 1, 2016, the District will move to a payment in arrears 45 system for employee payroll. As a result of the potential impact of the payment in arrears plan, 46 the District will offer a sick/vacation leave buy-out for 12 month (255) day employees for up to 1 10 days, as a one time, option, to be paid by July 15, 2016. Leave buy-out will sunset on June 30, 2 2017.

Pay Delivery System. Effective July 1, 2016, the District will move to a payment in arrears 36 system for employee payroll.The District utilizes a payment in arrears system for employee 37 payroll. (a) Standard Pay Period: Employees will receive an initial pay check reflecting an 39 amount equal to the pay period rate multiplied by the percentage of the days worked in the 40 initial pay period, not to exceed a full pay period rate of pay. Thereafter, paychecks 41 representing a full pay period rate based on the employee’s annual salary will be issued 42 semi-monthly.Employees will receive paychecks semi-monthly in an amount equal to their 43 annual rate divided by twenty-four (24) pay periods. Employees may receive a pro-rate 44 non-standard pay period amount, not to exceed the amount paid for a standard pay period.