2023-2024 Compensation Sample Clauses

2023-2024 Compensation. 9.1.3.1 Effective July 1, 2023, the Classified Salary Schedule shall be increased by 3.5% at all ranges and steps.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
2023-2024 Compensation. At the start of the 2023-2024 school year, the salary schedule is increased by two and one half (2.5) percent and members will be advanced a full step on the salary schedule. An additional lump sum, retention payment of $850 will be paid to all teachers who worked during the 2022/2023 school year and who are returning for the 2023/2024 school year. The retention payment will be paid to all qualifying teachers on October 13, 2023, and will not be retirement reportable. In any year where step movement is being granted, a member needs to have been employed prior to the start of 2nd semester in the previous year to be granted any step advancement the following year. It is the intent of the parties to remove the MA+15 lane of the salary schedule commencing with the end of the 2016-2017 school year. Those unit members who provide proof of hours earned by June 30, 2017, will be moved to the MA+15 lane at the beginning of the 2017-2018 school year and shall be allowed to remain on the MA+15 lane until they move to the next xxxx or resign from the district. Stipend Schedule 3.17.1a will be based upon the previous year’s BA step 0-4 salary schedule except as otherwise provided in 3.17.1a.
Sample 1

Related to 2023-2024 Compensation

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!