Pay Will Be Computed Clause Samples

The "Pay Will Be Computed" clause defines how an employee's compensation is calculated under the terms of the agreement. It typically outlines the basis for pay, such as hourly rates, salary, or commission, and may specify how overtime, bonuses, or deductions are handled. By clearly establishing the method and criteria for determining pay, this clause ensures transparency and helps prevent disputes over wage calculations.
Pay Will Be Computed. Less than eleven (11) years of service (22,880 compensated regular hours) $16,000 Eleven (11) years but less than twelve (12) years of service (24,960 compensated regular hours) $17,000 Twelve (12) years but less than thirteen (13) years of service (27,040 compensated regular hours) $18,000 Thirteen (13) years but less than fourteen (14) years of service (29,120 compensated regular hours) $19,000 Fourteen (14) years but less than fifteen (15) years of service (31,200 compensated regular hours) $20,000 Fifteen (15) years but less than sixteen (16) years of service (33,280 compensated regular hours) $21,000 Sixteen (16) years but less than seventeen (17) years of service (35,360 compensated regular hours) $22,000 Seventeen (17) years but less than eighteen (18) years of service (37,440 compensated regular hours) $23,000 Eighteen (18) or more years of service. $24,000 Such stability payment shall be paid in a lump sum on a December payroll.
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Related to Pay Will Be Computed

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