ANNUAL INCREMENT. (1) Staff shall be entitled to an annual increment which will be negotiated with the Union annually. (2) The annual increment shall be paid every year on 1st July. (3) New staff who have completed 12 months of service as at 1st July shall receive their first annual increment in full. The annual increment shall be pro-rated based on the completed months of service for new staff with less than 12 months of service as at 1st July. Staff who join on/after 16 June are not eligible for the annual increment for that year. (4) For the purpose of pro-rating annual increment, an incomplete month of service of 15 and more calendar days shall be considered as 1 full month, while an incomplete month of service of less than 15 calendar days shall be disregarded.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement