SALARY AND FACTORS Sample Clauses

SALARY AND FACTORS. A. In addition to annual salary all members will receive a board contribution of $80.00/month for 12 months/year towards a tax sheltered annuity. B. Salary Guide – See Addendum A. Salary Payment Schedule 1. Employees on a twelve-month basis shall be paid in twenty-six (26) bi-weekly installments. Beginning July 1, 2006, employee salaries will be paid semi- monthly. 2. Employees on a ten-month basis shall be paid in twenty-two (22) bi-weekly installments. Beginning July 1, 2006, employee salaries will be paid semi- monthly. 3. When a payday falls on or during a school holiday, ten-month employees shall receive their paychecks on the last previous working day. Ten-month employees shall receive their final checks for the school year and a list of pay dates for the following year on their last working day in June. 4. When requested by ten-month supervisors, the Board shall deduct 10% of their salary from each of their paychecks. These funds shall be paid to the employees on July 15 of the next fiscal year. All funds so deducted shall be deposited by the business office in an interest bearing account. Whenever interest earnings accrue, they shall be deposited in an account designated the LTPSA Scholarship Fund. B. In accordance with state statutes, the Board may withhold any increment provided by the Salary Guide and the employee, denied an Increment to which he/she is otherwise entitled, shall have recourse only to the appeals procedures prescribed by such statutes. C. The Board shall deduct from employees' salaries money for any or all of the following as requested by such employees: 1. Disability and accident insurance. 2. Annuities.
View Source
SALARY AND FACTORS. Base Amount Contract: Add relevant factors and multiply by: 10 month: 1.0 2018-2019: $83,400 10.5 month (8/16 through 6/30): 1.05 2019-2020: $85,150 12 month: 1.2 2020-2021: $86,950 Members not on the Factor Guide shall receive an annual salary increase equal to the average of the annual salary increase of all other members of the unit. 0 years: 1 year: 2 years: 3 years: 4 years: 5 years: 6 years: 7 years: 8 years: 9 years: 10 years: 0.00 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.10 11 years: 12 years: 13 years: 14 years: 15 years: 16 years: 17 years: 18 years: 19 years: 20 years: 0.11 0.12 0.13 0.14 0.15 0.16 0.17 0.18 0.19 0.20 Masters 0.00 Master + 30 0.03 Doctorate 0.06 Elementary principal: 0.37 Middle school principal: 0.47 High school principal: 0.57 ES assistant principal: 0.03 MS assistant principal: 0.10 HS assistant principal: 0.20 HS athletic director: 0.20 Director, Special Education: 0.37 Supervisor: 0.08 Per Diem pay is determined as follows: 1. For twelve month employees, their yearly salary will be divided by 240 to obtain a per diem rate. 2. For ten month employees, their yearly salary will be divided by 185 to obtain their per diem rate. 3. For ten and one-half month employees, their yearly salary will be divided by 200 to obtain their per diem rate.
View Source
SALARY AND FACTORS 
View SourceView Similar (2)

Related to SALARY AND FACTORS

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.