Across the Board Increase Sample Clauses

Across the Board Increase. Across the board increases (ATB) effective the first full pay period following the dates shown below: A. Effective the first pay period following January 1, 2023, all Employees shall receive a cost of living adjustment of 4%. Such adjustment is included as Appendix A, Wage Schedule. B. Effective the first pay period following January 1, 2024, all Employees shall receive a cost of living adjustment of 4%. Such adjustment is included as Appendix B, Wage Schedule. C. Effective the first full pay period following January 1, 2008, and each year thereafter, all employees will be eligible for a “merit” increase in accordance with the City’s current practices and policies. Upon a satisfactory recommendation, each employee will be eligible to move one merit step up on the merit plan. In the event that the employee is already at the maximum step (Step 6), the employee will be eligible for a 3% merit bonus in accordance with the City’s current practices and policies. Upon the successful conclusion of probation, all employees will be placed on Step 2 or higher. In the event that an employee does not receive a merit increase, he or she may appeal this decision pursuant to the current City policy. D. Members assigned to the Drug Enforcement Unit (DEU) shall receive an additional 7% of their current base pay added to their hourly wage. This additional pay shall be effective upon their assignment to DEU for the duration of the assignment. At the conclusion of their assignment to DEU, their hourly wage reverts to the appropriate hourly wage step for that individual under this agreement. E. Members who are designated as Field Training Officers (FTO) shall receive an additional 7% of their current base pay added to their hourly wage. This additional pay shall be effective only when actively engaged in the role of a FTO while overseeing an officer in FTO status. Non-FTO overtime, outside duty, court duty or non-FTO regular duty will not be paid under this formula. F. Members assigned to the Criminal Investigations Unit (CIU) or Youth Services Unit (YSU), shall receive an additional 1.5% of their current base pay added to their hourly wage. Members assigned as School Resource Officers and members assigned within the Community Services Division shall receive an additional 1.5% of their current base pay added to their hourly wage. This additional pay shall be effective upon their assignment to CID/CSD for the duration of the assignment. At the conclusion of their assignment to C...
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Across the Board Increase. 1. Fiscal Years 2022-2023 and 2023-2024: a. On October 1, 2022 each hourly rate shall be increased by five percent (5%). b. On October 1, 2023 each hourly rate shall be increased by two percent (2%). 2. Effective October 1, 2005 an optional signing bonus may be paid to attract eligible licensed practical nurses who possess skills that are in high market demand. A one-time lump sum bonus of up to $2,000 may, at the employer’s option, be paid to new hires in the following classes: Licensed Practical Nurse E9 and 10. Current employees in the listed classes are not eligible for the bonus. The bonus will only be paid to secure a commitment from a highly qualified candidate and when filling hard-to-fill positions. The employee must agree to pay back the entire bonus including tax withholding thereon, if the employee leaves the department within one year of the appointment. Payback remittances are owed and payable in full within thirty (30) calendar days of the termination date. Such remittance shall be taken as a negative gross pay adjustment from the employee’s final pay warrant, if possible. The signing bonus is paid as a gross pay adjustment with the employee’s first pay warrant.
Across the Board Increase. An across-the-board increase on the hourly rate of all Employees, for the term of the Agreement, will apply as follows: The base rate of pay for the purpose of this clause will be the hourly rate payable to Employees immediately preceding the commencement date of this Agreement. An across-the-board increase of 6% on the base rate of pay will become due from the 1 April 2020 until 31 March 2021. The minimum hourly wage for Employees will not be less than R38.88 per hour from 1 April 2020 to 31 March 2021
Across the Board Increase. An across-the-board increase of 9.5% on the base rate of pay as at 31 March 2013 will become due from the commencement date of this Agreement until 30 September 2013 with a further 0.5% on the base rate of pay as at 31 March 2013 from 1 October 2013 to 30 June 2014.
Across the Board Increase. FY 2019-2020
Across the Board Increase. A. Effective July 1, 2016, the hourly rate of each employee shall be increased by one and one half percent (1.50%). Effective July 1, 2017, the hourly rate of each employee shall be increased by three percent (3.00%). Effective July 1, 2018, the hourly rate of each employee shall be increased by two and one half percent (2.50%). Effective July 1, 2019, the hourly rate of each employee shall be increased by two and one half percent (2.50%). Effective July 1, 2020, the hourly rate of each employee shall be increased by two and one half percent (2.50%). B. The College agrees to pay each bargaining unit member a one-time non- recurring cash bonus of two hundred dollars ($200.00) upon ratification of this agreement. C. Effective in Year 1 of the contractThe College shall allocate $92,000 for the purpose of making market adjustments to the salaries of unit members. The money shall be distributed as follows: Group 1: Unit members making between $10 an hour and $20.99 an hour will receive 60% of the $92,000 (or approximately $55,200) divided equally to them as an hourly adjustment to their base rate. Group 2: Unit members making between $21 an hour and $30.99 an hour will receive 35% of the $92,000 (or approximately $32,200) divided equally to them as an hourly adjustment to their base rate. Group 3: Unit members making between $31 an hour and above will receive 5% of the $92,000 (or approximately $4,600) divided equally to them as an hourly adjustment to their base rate. The market adjustment shall be made no later than October 1, 2016, but shall be retroactive to July 1, 2016. The market adjustment shall be applied after the 2016-2017 across the board wage increase. Future yearly increases would first meet market minimums for present employees and then yearly percentage increase would be applied.
Across the Board Increase. 1. Fiscal Year 2012-2013: a. On October 1, 2012 each hourly rate shall be increased by one percent (1%). b. At the end of the first full pay period in October, 2012, each full- time employee who is on the payroll as of October 2, 2012, and who has accumulated no less than two thousand eighty (2080) hours of current continuous service since October 1, 2011, shall be paid a one-time cash payment of 1% of the annualized base hourly rate of pay in effect as of October 2, 2012, which shall not be rolled into the base wage. For a full-time employee who has accumulated less than two thousand eighty (2080) hours of current continuous service since October 1, 2011, this payment shall be pro-rated based on the ratio between the employee's actual continuous service hours earned after October 1, 2011, and two thousand eighty (2080) hours, times 1% of the annualized base hourly rate of pay in effect as of October 2, 2012. At the end of the first full pay period in October, 2012, or the first subsequent pay period in Fiscal Year 2012-13 for which the employee receives a pay check, each permanent-intermittent employee, part-time employee or seasonal employee, who is on the payroll as of October 2, 2012, and who was either: 1) on the payroll on October 1, 2011, 2) on furlough on October 1, 2011, 3) on seasonal layoff on October 1, 2011, who has accumulated less than two thousand eighty (2080) hours of current continuous service between October 1, 2011, and September 30, 2012, shall be paid a one-time cash payment which shall not be rolled into the base wage. For each such employee, this payment shall be pro-rated based on the ratio between the employee's actual continuous service hours earned between October 1, 2011, and September 30, 2012, and two thousand eighty (2080) hours, times 1% of the annualized base hourly rate of pay in effect as of October 2, 2012.
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Across the Board Increase 

Related to Across the Board Increase

  • Effective Date of Increase Price increases shall be effective upon final approval by the State, and may not be posted on the pricelist prior to receipt of final approval.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Size of the Board Each Stockholder agrees to vote, or cause to be voted, all Shares (as defined below) owned by such Stockholder, or over which such Stockholder has voting control, from time to time and at all times, in whatever manner as shall be necessary to ensure that the size of the Board shall be set and remain at six (6)

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage. 2. Each calendar year, in principle before 1 July, the CLA parties shall conduct talks on the adjust- ment of the (other) amounts shown in the salary table (column I, job grades 4 up to and including 6, column II and III) in article 28(2) of the CLA from 1 July of that year. 3. If an adjustment of the salary table (column I, job grades 4 up to and including 6, columns II and III) is agreed pursuant to paragraph 2 of this article, this will be applied as follows: a. The salary table (column I, job grades 4 up to and including 6, columns II and III) will be increased by the agreed percentage and b. the actual wage of the temporary agency worker will be increased by the agreed percentage from the agreed date.

  • Merit Increases (a) Subject to documented assessment and performance review undertaken pursuant to the Performance Management System, an employee on anniversary date may be granted an increase of up to five pay increments in the pay scale, not to exceed the control point maximum. (b) The Employer shall notify the employee in writing when an annual increment(s) is not granted or when an annual increment of less than two (2) increments is granted. Such notice shall contain the Employer’s reason(s) as to why the employee’s work performance was not satisfactory. (c) An employee who has not been granted a merit increase shall have the right to refer their performance evaluation to the Director of Human Resources or designate for review by the Review Committee that has been established in the employing department. The employee shall have the right to make written submission to the Review Committee. (d) At the discretion of the Deputy Head, anniversary date merit increases, or portions thereof may be delayed and granted at a subsequent date, without change to the employee’s anniversary date. (e) Where an employee is not granted a pay increment(s) due to an omission or error, the employee shall be granted the increase on a subsequent date, retroactive to their anniversary date for such increment(s). (f) The number of merit increase pay increments granted for part-time or seasonal employees should be pro-rated or delayed in relation to length or work periods. Merit increase pay increments for part-time employees shall be determined in accordance with Article 33.03. (g) Employees paid at or above the control point maximum of the pay range are ineligible for merit increases. (h) It is understood by the parties that clause 14.11 does not apply to scheduled work planning and review or performance appraisal meetings.

  • Board Approval No reimbursement shall be paid to the Investment Adviser pursuant to this provision in any fiscal year, unless the Trust's Board of Trustees has determined that the payment of such reimbursement is appropriate in light of the terms of this Agreement. The Trust's Board of Trustees shall determine quarterly in advance whether any portion of the Reimbursement Amount may be paid to the Investment Adviser in such quarter.

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • Longevity Increments 11.6.1 Each regular classified employee shall receive a two-range increase (5%) upon completion of five (5) years of satisfactory and continuous service. This increase will become effective at the beginning of the sixth year. 11.6.2 Each regular classified employee shall receive an additional two-range increase (5%) upon completion of ten (10) years of satisfactory and continuous service. This increase will become effective at the beginning of the eleventh year. 11.6.3 Each regular classified employee shall receive an additional two-range increase (5%) upon completion of fifteen (15) years of satisfactory and continuous service. This in-crease will become effective at the beginning of the sixteenth year.

  • Benefit Increases Benefit payments may be increased as provided in Section 2.1.3.

  • Optional Increase in Commitments (i) Subject to the conditions set forth in Section 2.06(c)(ii), upon notice to the Administrative Agent (which shall promptly notify the Lenders), the Borrower may increase the Commitments then in effect by increasing the Commitment of a Lender or by causing a Person approved as a Lender by the Administrative Agent to become a Lender (each an “Additional Lender”), subject to the terms and conditions of this Section 2.06(c) (such additional Commitments, the “Additional Commitments”). (ii) If the Borrower elects to increase the total Commitments by increasing the Commitment of a Lender, the Borrower and such Lender shall execute and deliver to the Administrative Agent an agreement substantially in the form of Exhibit H-1 (a “Commitment Increase Agreement”), and the Borrower shall deliver a new Note payable to such Lender in a principal amount equal to its Commitment after giving effect to such increase, and otherwise duly completed. (iii) If the Borrower elects to increase the total Commitments by causing an Additional Lender to become a party to this Agreement, the Borrower and such approved Additional Lender(s) shall execute and deliver to the Administrative Agent an agreement substantially in the form of Exhibit H-2 (an “Additional Lender Agreement”), such Additional Lender(s) shall deliver to the Administrative Agent an Administrative Questionnaire, and the Borrower shall, if requested by such Additional Lender, deliver a Note payable to such Additional Lender in a principal amount equal to its Commitment, and otherwise duly completed. (iv) Any increase in the Commitments shall be subject to the following additional conditions: (A) such increase shall not be less than $50,000,000 unless the Administrative Agent otherwise consents, and no such increase shall be permitted if after giving effect thereto the aggregate value of all increases to the Commitments during the Availability Period would exceed $200,000,000; (B) no Default shall have occurred and be continuing immediately prior to the effective date of such increase or after giving effect to such increase; (C) no Lender’s Commitment may be increased without the consent of such Lender; (D) on the effective date of such increase, no Eurodollar Borrowings shall be outstanding or if any Eurodollar Borrowings are outstanding, then the effective date of such increase shall be the last day of the Interest Period in respect of such Eurodollar Borrowings unless the Borrower pays any compensation required by Section 5.02 (unless otherwise waived by all Lenders); (E) the pro forma Consolidated Total Leverage Ratio as of the effective date of such increase (calculated in a manner reasonably acceptable to the Administrative Agent) does not exceed the applicable maximum ratio for the last day of the fiscal quarter in which such increase occurs as set forth in Section 9.01(b) assuming that, for purposes of calculating the Consolidated Total Leverage Ratio as of such date, the Lenders have made Loans to the Borrower in an aggregate amount equal to the amount of the aggregate Commitments (including the amount of the increase in the Commitments on such date); and (F) any Additional Commitments shall be on terms and pursuant to the documentation applicable to the initial Commitments on the date hereof. (v) Subject to acceptance and recording thereof pursuant to Section 2.06(c)(vi) from and after the effective date specified in the Commitment Increase Agreement or the Additional Lender Agreement (or if any Eurodollar Borrowings are outstanding, then the last day of the Interest Period in respect of such Eurodollar Borrowings, unless the Borrower has paid the compensation, if any, required by Section 5.02): (A) the amount of the Commitments shall be increased as set forth therein, and (B) in the case of an Additional Lender Agreement, any Additional Lender party thereto shall be a party to this Agreement and the other Loan Documents and have the rights and obligations of a Lender under this Agreement and the other Loan Documents. In addition, (unless all Lenders have increased their respective Commitments proportionately and there is no Additional Lender) then Borrower shall borrow from each increasing Lender and Additional Lender and shall make prepayments to the other Lenders (all without restriction by any otherwise applicable restrictions on borrowing or prepaying hereunder), and each increasing Lender and/or the Additional Lender, as applicable, shall purchase (and the other Lenders shall sell) participation interests in Letters of Credit, such that each Lender (including any Additional Lender, if applicable) shall hold its Applicable Percentage of the outstanding Loans (and participation interests in Letters of Credit) after giving effect to the increase in the Commitments. (vi) Upon its receipt of a duly completed Commitment Increase Agreement or an Additional Lender Agreement, executed by the Borrower and the Lender or the Borrower and the Additional Lender party thereto, as applicable, and the Administrative Questionnaire referred to in Section 2.06(c)(iii), if applicable, the Administrative Agent shall accept such Commitment Increase Agreement or Additional Lender Agreement and record the information contained therein in the Register required to be maintained by the Administrative Agent pursuant to Section 12.04(c). No increase in the Commitments shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this Section 2.06(c)(vi).

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