|
Catastrophic Leave
Formula
|
| Calculate
the value of the donated vacation leave by multiplying the hours to be
donated by the donating employee's current hourly rate of pay (round the
result to the nearest cent). |
| Calculate
the hours of sick leave to be received by dividing the above value by the
recipient employee's current hourly rate of pay (round the result to the
nearest hundredth of an hour). |
| (Hours
Donated, times Donor's pay rate, Divided by Recipient's pay rate = Sick
Leave Hours) |
|
|
Donations
to be processed according to NIS instructions found at NIS website
|
|
|
Hours |
|
Donor's |
|
Recipient's |
|
Sick Leave |
|
|
|
|
|
|
Donated |
|
Pay Rate |
|
Pay Rate |
|
Hours |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$4.25 |
|
18.82 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$5.00 |
|
16.00 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$6.00 |
|
13.33 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$7.00 |
|
11.43 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$8.00 |
|
10.00 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$9.00 |
|
8.89 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$10.00 |
|
8.00 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$15.00 |
|
5.33 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$20.00 |
|
4.00 |
|
|
|
|
|
|
8.00 |
|
$10.00 |
|
$25.00 |
|
3.20 |
|
|
|
|
