Each rate of pay set forth in the pay range schedule shall be taken to represent the amount payable for a full year of service. It shall be permissible to pay equivalent compensation on any other basis when the interest of the service so requires, but the rate to be paid for any other time unit shall be determined by division of the standard annual rate payable, by the number of such other time units in a full year of employment, as specified by the Director of Finance with the approval of the Mayor.
(Ord. 168-1958. Passed 10-20-58.)