Computation of Payments

INSTRUCTIONS FOR COMPUTATION OF PAYMENTS MADE FROM ALL SOURCES

2017 Working Days

 

MonthWorking DaysTime Factor
June10

.5263

July21

1.1053

August23

1.2105

September16

.8421


Definition of a Working Day: Monday, Tuesday, Wednesday, Thursday, and Friday including holidays occurring on any one of these days.

Service Period: Any 57 working Days from June 19, 2017 to September 22, 2017.

 

 

TIME FACTORS FOR NUMBER OF DAYS WORKED PER MONTH FOR ACADEMIC YEAR FACULTY

 The use of the daily-rate factor is mandatory; the calendar month basis should not be used.

# of Days WorkedTime Factor
1.0526
2.1053
3.1579
4.2105
5.2632
6.3158
7.3684
8.4211
9.4737
10.5263
11.5789
12.6316
13.6842
14.7368
15.7895
16.8421
17.8947
18.9474
191.000
201.0526
211.1053
221.1579
23

1.2105