Annual Raise. Beginning on December 31, 2022, and on December 31 of each year thereafter, the Employee shall receive a raise equal to ten percent (10%) of her Base Salary for the year then completed (each such raise, an “Annual Raise”), with such raise to be effective January 1 of the following year. Notwithstanding anything else contained herein, the Employee shall only be entitled to receive the Annual Raise for any given year if the Company’s pre-tax net income for the most recently completed fiscal year is equal to or greater than one hundred thousand dollars ($100,000).
Annual Raise. Beginning the 2022-2023 school year and for each subsequent Contract Year during the term of this Contract or any extension thereof, if full-time teacher salaries are increased in the adopted annual budget, without any further action by the Board, the Superintendent’s base salary set forth in Section 5.1 of the Contract shall be increased by the same percentage of the most experienced full-time teacher salary for that budget year. Any salary increase shall be reflected in a new contract or amendment incorporating the adjusted salary.
Annual Raise. Parent agrees to give a 5% annual raise for cost of living increases on annual anniversary of start.
Annual Raise. The Executive will be eligible for a minimum 10% annual raise, provided the Executive has favorable semi-annual reviews.
Annual Raise. Employee shall be eligible for and receive an annual raise as determined by the board of directors.
Annual Raise. Beginning on January 1, 2015 and on an annual basis thereafter, Executive will be eligible to receive raises as determined by the Board, or its compensation committee, taking into account Executive’s performance during the prior twelve-month period. For the avoidance of doubt, Executive’s Base Salary may be increased, but not decreased without Executive’s written consent.
Annual Raise. For the 2022-2023 work year, a one-time conversion will take place to adjust the salaries for employees who worked for the District during the 2021-2022 work year and returned to the District for their respective 2022-2023 work year. All employees will receive an hourly wage rate in an amount that is the greater of one of the following options:
