Common use of Payroll Process Clause in Contracts

Payroll Process. A. Employees will be paid every other Friday during the period of the employee's contract. Pay to equal the amount calculated by the hourly rate times the number of hours worked during the previous ten (10) workdays ending on the Friday fourteen (14) days prior to payment. B. Beginning with the 2020-2021 school year, the Board shall have the option to implement a twenty-four (24) pay schedule each contract year. Such pays would occur on the fifth (5th) and twentieth (20th) of each month. Should a pay day fall on a holiday or weekend, the pay would occur on the last workday preceding the holiday or weekend. Unless an employee is paid via stretch pay, pay shall be calculated by applying the applicable hourly rate times the number of hours worked during the pay period. C. Employees being promoted to another pay schedule shall be placed on the new schedule at an hourly rate of pay of at least fifty (.50) cents greater than the previous schedule. At no time may this pay equal more than the highest step of the new schedule. D. Employees new to the system may receive credit for like jobs worked but never to exceed the fifth (5th) step of the appropriate schedule. E. An employee may be advanced to the next step of the appropriate salary schedule if the employee has credit for one hundred twenty (120) days during the contract period at the number of hours per day for which the employee is contracted. Credit includes days worked or an approved paid leave. F. On or before May 31st of each year, an employee may elect to stretch his/her pay over twelve (12) months of the ensuing contract year, or to be paid based on the actual number of hours worked each pay period. Such election shall span the entire contract year.