Pay period calculation
Pay period calculations determine the manner and amount of pay per pay period. These pay period calculations can be used in the Teacher Contract Administration application:
Remaining Amount/Remaining Pay Periods | The pay period amount is based on the remaining wages of the employee’s base contract divided by the remaining number of pay periods identified on the employee’s base contract. |
Full Amount/Full Pay Periods | The pay period amount is based on the prorated amount on the employee’s base contract divided by the number of pay periods identified on the employee’s base contract. |