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Phone 310-434-4394
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October, 2007, Volume 22, Issue 1 - Changes to Your Paycheck PDF Print E-mail

October, 2007

    HR has changed the calculation process for your paycheck from load factor to hourly pay. You will get the paid the same total amount per semester, however you will no longer get 4 equal payments. Generally speaking you will get two checks for four weeks pay and two checks for five weeks, totaling the same previous amount that had been paid in four equal payments.  For specific questions, contact Ian Fraser, payroll manager, at: (310) 434-4327 or email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it '; document.write( '' ); document.write( addy_text18723 ); document.write( '<\/a>' ); //--> This e-mail address is being protected from spambots. You need JavaScript enabled to view it

See below for a more specific explanation.

 

HOURLY PAY LOAD FACTOR = 1.0 WITH EQUITY FUNDS    
APPENDIX B-2, SANTA MONICA COLLEGE CONTRACT Page 94    
           
           
EXAMPLES OF WHAT YOUR CORRECT PAY SHOULD BE:    
        WHAT YOUR PAYROLL CHECK
        WILL LOOK LIKE
Group III, Step 15    (See Contract pg 94)        
  3 Unit Class:        
  Semester Pay = $1,793 Per Unit x 3 Units      5,379.00    
  New Pay Schedule:         
  18 Weeks paid  (5,379.00/18 Weeks) =        298.83   298.83 / 3 Hours  =  $ 99.61 Per Hr. 
  1st Pay Period 4 Weeks (4 x 298.83)     1,195.33   3 Hr/Wk x 4 Wk = 12 Hr.     1,195.32
  2nd Pay Period 4 Weeks     1,195.33   12 Hours x 99.61     1,195.32
  3rd Pay Period 5 Weeks (5 x 298.83)     1,494.17   3 Hr/Wk x 5 Wk = 15 Hr.     1,494.15
  4the Pay Period 5 Weeks     1,494.17   15 Hours x 99.61     1,494.15
  Total Pay       5,379.00       5,378.94
           
           
Group VI, Step 23    (See Contract pg 94)        
  5 Unit Class:        
  Semester Pay = $2,348 Per Unit x 5 Units   11,740.00    
  New Pay Schedule:        
  18 Weeks paid (11,740.00/18 Weeks) =        652.22   652.22 / 5 Hours  =  $130.44 Per Hr.
  1st Pay Period 4 Weeks (4 x 652.22     2,608.89   5 Hr/Wk x 4 Wk = 20 Hr     2,608.80
  2nd Pay Period 4 Weeks     2,608.89   20 Hours x 130.44     2,608.80
  3rd Pay Period 5 Weeks (5 x 652.22)     3,261.11   5 Hr/Wk x 5 Wk = 25 Hr     3,261.00
  4th Pay Period 5 Weeks     3,261.11   25 Hours x 130.44     3,261.00
  Total Pay     11,740.00     11,739.60
           
           
           
           
Group V, Step 20    (See Contract pg 94)        
  3 Unit 8 Week Class (1st 8 Weeks)        
  Semester Pay = $2,146 x 3       6,438.00    
  New Pay Schedule:        
  1st Pay Period (1/2 x 6,438)     3,219.00      
  2nd Pay Period (Bal of 1/2 x 6,438)     3,219.00      
  Total Pay       6,438.00    
           
Group V, Step 20        
  3 Unit 8 Week Class (2nd 8 Weeks)        
  Semester Pay = $2,146 x 3       6,438.00    
  New Pay Schedule:        
  3rd Pay Period (1/2 x 6,438)     3,219.00      
  4th Pay Period (Balance of 1/2 x 6,438)     3,219.00      
  Total Pay       6,438.00    

 
  		 

 

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