Salary Payment Options Sample Clauses

Salary Payment Options. The Board of Education shall offer to each teacher (except twelve (12) month personnel) the choice of one of the following two plans for the payment of salaries: Plan A Payment shall be made in 21 equal checks (before deductions) Plan B Payment shall be made in 21 equal checks. The first 20 checks shall equal 1/24 of the employee's salary before deductions. The twenty-first check shall equal 4/24 of the teacher's annual salary and shall be paid upon or before the last school day. Salary payments shall be made by direct deposit
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Salary Payment Options. Teachers’ contract year runs from September 1 through August 31. Teachers have the option to be paid on a 9 month or 12 month schedule. Teachers must designate their preference in writing before the first day of work for the school year, and the designation is irrevocable for the remainder of the year. All pay will be directly and electronically deposited into a bank account of the employee’s choice. Payroll is run twice each month, with 18 paychecks for a 9 month schedule and 24 paychecks for a 12 month schedule. Payday is on the 10th and 25th of each month. If a pay period falls during a holiday, payment shall be made on the last attendance day preceding the holiday. Paystubs for direct deposit enrollees will be available online.
Salary Payment Options. 1. Twenty-two (22) installments to begin with payment at the end of the second week of the salary contract. Article XXV: Faculty Salaries
Salary Payment Options. 1. Twenty-two (22) installments to begin with payment at the end of the second week of the salary contract.
Salary Payment Options. A. The Teacher’s annual salary will be paid according to one of the following options:
Salary Payment Options. A. 12 Month/10 Month Pay Option Teachers shall have a choice of either being paid on a twelve (12) month basis or a ten (10) month basis. Checks will be issued semi-monthly in twenty-four (24) equal installments (based on the twelve (12) month option) or semi-monthly in twenty (20) equal installments (based on the ten (10) month option). Payments will be on the 15th and the last day of the month. If a regular pay date during the school term falls on a day when school is not in session, teachers will receive their checks on the last work day prior thereto. During the summer, checks will be mailed at least two (2) days before the pay date so as to attempt to reach teachers on the appropriate day.
Salary Payment Options. 2 (a) Twelve (12) month employees shall receive twelve (12) equal 3 paychecks per year, paid on the end-of-month regular payroll. 5 (b) Eleven (11) month or school-term employees shall have the 6 following salary payment options:
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Salary Payment Options. The Board of Education shall offer to each teacher (except twelve
Salary Payment Options. 3.1. The Council shall offer to each teacher the choice of one of the following plans for the payment of salaries: Plan A - payment shall be in 21 equal direct deposits. Plan B - payment shall be made in 21 direct deposits. The first 20 payments shall equal 1/26 of the teacher’s salary before deductions. The twenty- first payment shall equal 6/26 of the teacher’s annual salary. Plan C payment shall be in twenty-six biweekly direct deposits.
Salary Payment Options. Whenever 27 paydays occur during a year, teachers’ compensation shall be paid out in 27 installments, rather than 26.
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