Salary Payment In consideration of Executive’s timely execution and non-revocation of the Release by the Release Deadline Date, the Company shall pay Executive a severance payment equal to Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline Date.
Salary Payments For payroll purposes, the work week shall be defined as Monday through Sunday. In any school year, the dollar amounts on the first and last paychecks of the year may vary.
Salary Grids Classifications and salary rates are attached as Schedule "A" and forms part of this Collective Agreement. The years referred to in the salary schedules shall mean years of continuous service with the Employer in the designated classification, plus the applicable allowances under 23.04. Years of service on the new grid may not relate to the employee’s service level as a result of April 1, 2007 harmonization of the grids and blending the bargaining units.
Salary Grid September 1, 2005 – add 2% to the new base grid. Years Experience CATEGORY A CATEGORY A1 CATEGORY A2 CATEGORY A3 CATEGORY A4 0 45,970.92 49,027.12 53,248.93 57,307.24 61,529.06 1 47,408.72 50,573.14 54,720.64 58,778.94 63,000.74 2 48,846.43 52,119.17 56,177.46 60,220.89 64,457.58 3 50,284.31 53,665.18 57,634.29 61,692.59 65,914.40 4 51,708.27 55,196.36 59,105.98 63,164.26 68,549.39 5 54,583.88 58,531.14 62,019.60 66,077.92 70,299.73 6 56,021.69 59,834.38 63,565.64 68,712.92 71,756.54 7 57,445.64 61,365.52 64,948.13 68,991.68 73,228.24 8 58,136.88 62,108.81 66,404.73 70,448.38 74,685.07 9 60,321.24 64,457.58 67,861.78 71,920.08 76,141.88 10 61,759.02 66,003.57 69,318.61 73,376.90 77,598.72 11 63,183.00 67,534.74 70,775.43 74,848.59 79,070.40
Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.
Automatic Recurring Payments You may use the xxxx payment function to arrange for the automatic payment of bills that have a fixed frequency and amount. Once your automatic xxxx payment arrangements are established, we will make the payments without further requests by you. If the payment due date for an automatic payment falls on a weekend or holiday, the payment may be made the following business day.
Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions:
Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.
Reallocation to a Class with an Equal Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position, the employee remains in the position and retains existing appointment status.
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.
