Basic Contract Salary Sample Clauses
The Basic Contract Salary clause defines the foundational amount of compensation that an employee or contractor will receive under the terms of the agreement. This clause typically specifies the salary figure, the frequency of payment (such as monthly or biweekly), and may clarify whether the amount is fixed or subject to periodic review. By clearly stating the base salary, this clause ensures both parties have a mutual understanding of the minimum guaranteed earnings, thereby preventing disputes over pay and establishing a clear baseline for any additional compensation or benefits.
Basic Contract Salary. The board and the association agree it is important for teachers to seek to improve their academic preparation so the salary schedule includes salary increments for BS, BS + 15 hours, BS + 30 hours, MS, MS + 15 hours, MS + 30 hours. The schedule also has experience increments at each level in the form shown in Appendix "C". The teacher shall be placed on the preparation level to which he/she is entitled pursuant to credit hours completed by August 15th of each year. The affected teacher shall notify the superintendent of additional credit completed, which would affect preoperational level by August 15th. A teacher shall be placed on the experience level to which he/she is entitled pursuant to his/her years of experience completed by September 15 of each year. A teacher having one-half (1/2) year of experience shall be placed on the experience level to which he is entitled in full years and then at the semester in January he/she shall be placed at the next experience level. A year of teaching experience is gained by teaching a normal load, or assigned load, for two (2) semesters. Placement on the salary schedule for experience will be based on the number of years the certified teacher has been employed by an accredited school district. A certified teacher can acquire IDP points to move across the salary schedule. Twenty approved IDP points will equal one (1) hour. A certified teacher may not advance to the Master’s Level on the salary schedule without a Master’s Degree. The USD #110 Board of Education has the right to offer a new employee a bonus. This will be offered only upon the discretion of the Board. The Board of Education has the right to accelerate an experienced teacher on the salary schedule by two years for each successful year of service to USD #110. A successful year of service is based on a positive teacher evaluation report that contains no plan for improvement attached to it. These accelerations will not be automatic. The Board reserves the right of approval for these accelerations based on the economic status of the district and merit as determined by the Board. Salary periods shall be monthly with twelve (12) substantially equal installments to be made as specified on the contract. Payroll checks will be made on the last working day before the 10th of each month, with the exception that a teacher may request their summer checks in lump sum payment on or, before April 1 of the contract year. Lump Sum Payroll Checks will be issued on June 30...