Annual Salary Rate Increase Sample Clauses

Annual Salary Rate Increase a) Effective the first full pay period in July 2017 a 1% increase
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Annual Salary Rate Increase. A. Effective July 5, 2009, employees shall receive a base increase equal to one percent (1%) of the employee’s current annual salary as of that date. If actual tax revenues in FY ’10 are equal to or exceed $20.3 billion, an additional 1% satisfactory performance salary increase will be made. This increase will be retroactive to 7/5/09 (for a 2% total wage increase in year 2) and shall be effectuated on the passage of a supplemental appropriation xxxx providing the full amount of monies required for such an increase. If actual tax revenues in FY ’10 are equal to or exceed $21.4 billion, an additional 2% satisfactory performance salary increase will be made. This increase will be retroactive to 7/5/09 (for a 3% total wage increase in year 2) and shall be effectuated on the passage of a supplemental appropriation xxxx providing the full amount of monies required for such an increase. The calculation of actual tax revenues will not include federal stimulus spending or other one time revenues.
Annual Salary Rate Increase. A. Effective July 1, 2001, employees who receive a rating of “Meets Expectations” or better on their annual employee evaluation shall receive a base increase equal to two and one-half percent (2.5%) of the employee’s current annual salary as of that date.
Annual Salary Rate Increase. Effective July 8, 2007, and on the first Sunday of the payroll period immediately following this date, each employee on the payroll and in the bargaining unit on such date, shall receive a wage increase of three (3.0%) percent.
Annual Salary Rate Increase. A. Effective July 1, 2012, all eligible bargaining unit members, who are on the payroll as of July 1, 2012, shall receive a one and one-half percent (1.5%) base rate salary increase.

Related to Annual Salary Rate Increase

  • SALARY RATES Section 12.1 The following shall apply to full-time employees:

  • Salary Rate The annual salary for regular faculty will be prorated according to the established workload for the academic year.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • General Salary Increase 1. Effective with the start of the pay week commencing closest to September 1, 2013, employees shall be provided an across-the-board salary increase of one percent (1%). Salary schedules shall be increased accordingly.

  • SALARY STEP INCREASES a. Increases to steps above the entry step shall be based on performance and length of service. The employee must have earned the equivalent of at least twenty-six

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • Protected Salary Rates A. The Employer shall continue the current salary rate protection program for the duration of this Agreement.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • Lower Salary Level An employee who accepts another position with a lower salary range will be paid an amount equal to his or her current salary, provided it is within the salary range of the new position. In those cases where the employee’s current salary exceeds the maximum amount of the salary range for the new position, the employee will be compensated at the maximum salary of the new salary range.

  • Salary Increase 46.01 Effective July 1, 2020 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2021 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2022 an increase equal to 1% will be added to the job rates and to the salaries of all employees.

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