Salary Formula. 29.04.01 In each year of the Plan preceding the year of the leave, an employee will be paid 80% of his/her annual salary. The remaining 20% of annual salary shall be deferred and deposited to a separate trust account at the Chesley, Ontario branch of the Canadian Imperial Bank of Commerce with an account heading "Bluewater School Board In Trust for [name of employee]". The amount deposited to this account together with interest earned shall be retained for the employee to finance the year of leave. Consideration will be given to a request for a leave to be financed by deduction of a larger amount of salary over a shorter period of time. For example, deduct for three years to finance a leave in the fourth year or deduct for two years to finance a leave in the third year.
Salary Formula. The leave will be financed by spreading “n” years salary payments over an “n” plus one period. “n” is not to exceed four (4) years. The leave of absence must be taken in the final year of the Plan. A maximum deferral under the Income Tax Act in any given year is 33⅓.
Salary Formula. All Members of the Bargaining Unit are to be on the salary formula. Those with extended contracts shall receive additional salary on a pro-rated basis. A Member of the Bargaining Unit employed for more than half time shall be placed on the salary formula and shall be paid a salary and benefits proportionate to the amount of time employed.
Salary Formula. The formula for Administrator salaries will always be based on 60% of the top (step 11) BA+35/MA amount in the teacher’s contract.
Salary Formula. Temporary Unit Members in Non-Credit Semester Program 7
Salary Formula. Unit Members in Not-for-Credit/Community Education Program 7
Salary Formula. Unit Members in Not-for-Credit/Community Education Program Unit members working in the not-for-credit/Community Education program shall be paid based upon the hours of the assignment. The Community Education Lab Rate and Lecture Rate are as follows effective January 1, 2019: • Lecture: $53.84/hour • Lab: $48.84/hour
Salary Formula. This formula is a generic guide for staffing, but schools need to be evaluated for logistics and other special circumstances as needed when requested by a Lunchroom Manager or Principal. This requested evaluation shall be performed in a timely manner.
Salary Formula. 1. 2018-19 = 3% increase to the salary schedule payable by December 14, 2018. 2019-20 = 3% increase to the salary schedule or the Formula whichever is higher. This is payable by December 1. 2020-21 = 1% increase to the salary schedule or the Formula whichever is higher. This is payable by December 1. For the year 2020-2021, in the event the District audited Fund Balance goes below 6%, the parties shall meet to discuss options in lieu of application of Formula.
Salary Formula. Page 25 10.2 Complaint Form A .............................................................................Page 26 10.3 Complaint Form B .............................................................................Page 27 10.4 Staff Grievance Form.........................................................................Page 28 Article I Recognition
