Common use of Anniversary Increment Clause in Contracts

Anniversary Increment. 7.8.1 Effective July 1, 2021, supervisory employees shall be granted an anniversary increment $54.69 per month beginning after six full years of service as a permanent classified employee and continuing each year until reaching a cumulative maximum of $656.28 per month (twelve increments). Anniversary increments shall be prorated on the basis of hours worked in relation to full time; for example, four hours of work would be 4/8 (50%) entitlement to the anniversary increment. The increase to longevity pay for additional or overtime hours beyond the regular assignment for monthly supervisory employees will commence on January 1, 2022.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Anniversary Increment. 7.8.1 Effective July 1, 20212023, supervisory employees shall be granted an anniversary increment $54.69 63.40 per month beginning after six full years of service as a permanent classified employee and continuing each year until reaching a cumulative maximum of $656.28 760.80 per month (twelve increments). Anniversary increments shall be prorated on the basis of hours worked in relation to full time; for example, four hours of work would be 4/8 (50%) entitlement to the anniversary increment. The increase to longevity pay for additional or overtime hours beyond the regular assignment for monthly supervisory employees will commence on January 1, 2022.

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

Anniversary Increment. 7.8.1 Effective July 1, 20212019, supervisory Supervisory employees shall be granted an anniversary increment $54.69 53.15 per month beginning after six full years of service as a permanent classified employee and continuing each year until reaching a cumulative maximum of $656.28 637.80 per month (twelve increments). Anniversary increments shall be prorated on the basis of hours worked in relation to full time; for example, four hours of work would be 4/8 (50%) entitlement to the anniversary increment. The increase to longevity pay for additional or overtime hours beyond the regular assignment for monthly supervisory employees will commence on January 1, 2022the first work day after board approval of the MOU.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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