o The hourly summer service timekeeping schedule is the same for the annual population as outlined in the table above. [...] Prorated Vacation Pay Entitlement for Annual Employees with a Break in Service Annual employees hired after September 8, 2020, or on an unpaid Leave of Absence during the school year are eligible for a prorated vacation pay entitlement covering the period 6/26/21 through 9/8/21. [...] The variables for the computation of summer pay entitlement are as follows: o Number of days in the calendar year = 365 o Number of work-days in bi-weekly pay period = 10 o Number of summer vacation pay days (2021) = 53 o Bi-weekly salary = Annual salary ÷ number of days in the calendar year x the number of calendar days in a two-week period o NOTE: Vacation Factor = (# of vacation days ÷ # of s. [...] Vacation entitlement is computed as: o $50,000 ÷ 365 X 14 ÷ 10 X 53 days = $10,164.38 o $191.78 X 53 days X 80% entitlement = $ 8,131.47 o Total Deduction $ 2,032.91 A deduction will be taken in four equal installments of $508.23 on: 7/23/21, 8/6/21, 8/20/21 and 9/3/21. [...] o $50,000 ÷ 365 X 14 ÷ 10 = $191.78 per work day o $191.78 X 53 days X 70% = $7,115.04 Example #3 Joan Smith was on an unpaid leave of absence for the period of 3/3/21 through 4/21/21: This period is equal to 30 school days; Vacation entitlement is computed as follows: 30 days X .29 (vacation factor) = 8.7 days of vacation pay adjustment; therefore: o Annual salary of $50,000 ÷ 365 X 14 ÷ 10.
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