Examples of Index Rate in a sentence
At that point, the employee will not receive any Index Rate increases and the employee’s Index Rate will be ‘frozen’ until s/he is eligible to advance on the Merit/Longevity Step Index based upon actual SCD.
However, if an employee was hired at an Advanced Index Rate and received a Temporary SCD, s/he will continue to receive annual Index Rate increases until the Temporary SCD equals completion of the equivalent of at least four years of service or an Index Rate of 1.2160.
At that point, the employee will not receive any Index Rate increases and the employee’s salary Index Rate will be ‘frozen’ until the employee has completed six years of County service based upon the actual SCD.
At the request of the Department Head, the Board of Supervisors may approve the appointment of a new employee at an Index Rate equivalent to completion of up to four years of service (Index Rate 1.2160).
A regular employee who is granted an Advanced Index Rate will continue to receive annual Index Rate increases until the employee’s Index Rate equals 1.2160 (equivalent to four years of service).