Salary for part Sample Clauses

Salary for part time work When reckoning the salary payable for part-time work, the hourly rate is determined by dividing the monthly salary by the number of regular, scheduled hours worked in the month in question. The concept of monthly salary applied at this point shall be the same as in paragraph 2 of subsection 6 of section 12. A corresponding number of hours worked may also compensate for absence from work. Implementation regulation: Part-time salary shall be paid, for example, when the employment begins or ends on a date other than the beginning or end of a salary payment period, or when a salaried employee has been absent from work and the employer is not required to pay salary for the period of absence. If the absence is not made up by an equal number of hours worked, then the following procedure shall be followed: A day or hour of absence • the regular scheduled working days or hours in the month are reckoned • the monthly salary is divided by the number of working days or hours = the salary for a day or hour of absence • the salary for the day or hour of absence is deducted from the monthly salary = the part- time salary The salary for a day or hour of absence will vary each month according to the number of working days or hours of work in the month concerned: Monthly working times 2020–2021 2020 Working days Hours 37.5h/week Hours 40h/week January 21 157.5 168 February 20 150 160 March 22 165 176 April 20 150 160 May 19 142.5 152 June 21 157.5 168 July 23 172.5 184 August 21 157.5 168 September 22 165 176 October 22 165 176 November 21 157.5 168 December* 21 157.5 168 *) Finland’s Independence Day is Sunday 2021 Working days Hours 37.5h/week Hours 40h/week January 19 142.5 152 February 20 150 160 March 23 172.5 184 April 20 150 160 May 20 150 160 June 21 157.5 168 July 22 165 176 August 22 165 176 September 22 165 176 October 21 157.5 168 November 22 165 176 December* 22 165 176 *) December includes Finland’s Independence Day Extension of regular working time that has been implemented in accordance with subsection 1.3 of section 6 extends the regular working hours of the month in question, and also increases the number of working days of the month in question. A prerequisite for using this table is that the case involves reckoning part-time salaries, the case does not concern uninterrupted three-shift work, and that one of the two days off is a Saturday. The table shall also be applied as necessary in the situations referred to in subsection 2 of section 7 her...
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Salary for part of a salary period If a salaried employee commences or ends his or her employment or changes the time worked during a calendar month/settlement period, the salary shall be calculated as follows: X x Z = L Y X = current monthly salary Y = number of calendar days during the current month/settlement period Z = number of days of employment in the month/settlement period = salary for calculation period On any change to the time worked, each period and degree of employment shall be calculated separately.
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Salary for part time faculty shall be determined in accordance with the placement criteria for column and step on the appropriate salary schedule. Initial column and step placement is determined at the time of hire. It is the faculty employee’s responsibility to provide all official transcripts and other required documentation in a timely manner to complete the placement determination. If documentation submitted later than the first three quarters of employment results in a change of initial placement, the faculty member shall not be eligible for retroactive compensation resulting from the change. Notwithstanding, errors in placement due to factors other than the faculty employee’s failure to provide necessary documentation shall not be subject to this timeline governing retroactivity. After the initial placement determination, all column and step movement follows the provisions of the appropriate salary schedule.
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Salary for part time employees Payment for part-time employees will be made on the basis of the annual salary for the classification concerned divided by the department’s standard annual work hours.
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Related to Salary for part

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2.

  • Salary Scales 1. In the settlement of the Kindergarten Teachers, Head Teachers and Senior Teachers' Collective Agreement 2000-2002 the parties committed themselves to the implementation of pay parity for kindergarten teachers. Senior teacher K3 and K4 salaries were benchmarked to the base salary (excluding the roll-based supplementary component) of a primary U2 and U3 principal respectively.

  • Salary Progression 1. For the purposes of determining annual progression from one step to the next, each teacher’s performance will be assessed annually against the appropriate professional standards.

  • SALARY INDEMNITY PLAN ALLOWANCE 1. The employer shall pay monthly to each employee eligible to participate in the BCTF Salary Indemnity Plan an allowance equal to 2.0% of salary earned in that month to assist in offsetting a portion of the costs of the BCTF Salary Indemnity Plan.

  • Regular Part-Time Employees A regular part-time employee is one who works less than full-time on a regularly scheduled basis. Regular part-time employees accumulate seniority on an hourly basis and are entitled to all benefits outlined in this Collective Agreement. Regular part-time employees shall receive the same perquisites, on a proportionate basis, as granted regular full-time employees.

  • Salary Sacrifice Employees may sacrifice their pre-tax earnings, subject to such arrangements being made for legitimate purposes such as additional superannuation contributions. The amount of salary sacrifice being deducted from pre-tax earnings shall be deducted from gross earnings with each pay period. Any such arrangements must be requested, varied or amended in writing, providing no les than one months notice to the Company. A Salary Sacrifice Request Form is attached as a schedule to this Agreement for this purpose. The Company recommends that employees seek independent financial advice prior to entering into salary sacrifice arrangement. The amount of any salary sacrifice income requested must be a fixed sum, without variation from one pay period to the next. The company shall implement employee requests to commence salary sacrifice arrangements at four (4) times a year, on the first full pay period on or after the 1st July, 1st October, 1st January and 1st April. Where adverse tax and/or superannuation changes occur, the Company or employee may terminate these salary sacrifice arrangements. Where a decision to terminate is made, employees will be given one month’s notice in writing.

  • Salary and Bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

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