2020-2021 Salary Sample Clauses

2020-2021 Salary. Effective July 1, 2020, the 2019-2020 salary schedules shall be increased by 2.5%. The revised salary schedules shall be attached to this Agreement as Appendix A1 and Appendix A2. In addition to the salary schedule adjustment, the members shall receive a 1% bonus, off schedule, effective July 1, 2020, as recognition of their dedication to the students of MPCSD and their willingness to work through these most difficult of times.
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2020-2021 Salary. Effective July 1, 2020, the District shall provide for the 2020-2021 fiscal year no increases to the CSEA salary schedule in effect during the 2019-2020 fiscal year and Grade 72 on the CSEA salary schedule shall be eliminated and any impacted classifications will be moved to Grade 73. The eight (8) step salary schedule shall be four percent (4%) between grades and three percent (3%) between steps. However, for the 2020-2021 fiscal year, the District shall provide unit members with a one-time, off-schedule payment of two and one-half percent (2- 1/2%) to be paid on the July 2021 pay period. 2021-2022 Salary Effective July 1, 2021, the District shall provide for the 2021-2022 fiscal year an increase equivalent to the funded Statutory Cost of Living Adjustment (COLA) to the lowest cell of the CSEA salary schedule in effect during the 2020-2021 fiscal year. The eight (8) step salary schedule shall be four percent (4%) between grades and three percent (3%) between steps. If after the July 1, 2021 funded statutory COLA has been applied there are any steps on the 2021-2022 salary schedule that fall below the January 1, 2022 state minimum wage, the District shall provide an increase effective January 1, 2022 equivalent to the percentage needed for the lowest cell of the CSEA salary schedule in effect during the 2021-2022 fiscal year to meet the state minimum wage. The eight (8) step salary schedule shall be four percent (4%) between grades and three percent (3%) between steps. In addition, for the 2021-2022 fiscal year, the District shall also provide unit members with a one-time, off-schedule payment of one percent (1%) to be paid on the July 2022 pay period.
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Related to 2020-2021 Salary

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $250,000, payable in regular installments in accordance with the Company's usual payment practices. Executive shall be entitled to such increases in Executive's base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Basic Salary (a) During the Employment the Company shall pay the Executive a Basic Salary of not less than £415,000 per annum. The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the 25th day of each calendar month or otherwise as arranged from time to time.

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • Vacation Bonus Employees shall receive one day's base pay (or adjusted earnings) for each year of service beyond twenty-five (25) years, to a maximum of ten (10) days’ pay.

  • Entrance Salary New employees shall generally be appointed at the minimum step of the salary range established for the particular class of position to which the appointment is made. However, the appointing authority may fill a particular position at a step above the minimum of the range.

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • Annual Base Salary During the Term, the Executive shall receive a base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

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