Base Pay Increases Clause Samples

The 'Base Pay Increases' clause defines the terms under which an employee's base salary may be raised during their employment. Typically, this clause outlines the timing, criteria, and process for salary reviews, such as annual performance evaluations or company-wide adjustments, and may specify whether increases are discretionary or tied to specific benchmarks. Its core function is to provide transparency and predictability regarding compensation growth, helping both employer and employee understand expectations and avoid disputes over pay progression.
Base Pay Increases. The following pay increases will be made to the salaries applicable to award classifications as reflected in the Australia Post Human Resources Manual Rates of Pay Booklet from the following dates: Year Percentage Increase (First full pay period in September) Percentage Increase (First full pay period in December) 2017 0.5% 1.5% 2018 0.5% 1.5% 2019 0.5% 1.5%
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Base Pay Increases. It is the intent of the University and the Union to recognize employee performance and accountability. The University strives to compensate employees by using systems that are clearly communicated to bargaining unit members and consistently administered by supervisors. A. Fiscal Years 2019, 2020, and 2021 Effective the pay period that includes September 1, 2018, bargaining unit members will receive an increase of 2.5% added to their base pay. Bargaining unit members’ base pay for fiscal years 2020 and 2021 will be increased by an amount equal to the aggregate percentage increase (API) for the fiscal year as established for non-bargaining unit Classified Civil Service employees in the guidance memoranda issued by the University for the annual merit compensation process. In fiscal year 2021, members whose base hourly rate of pay is at or above the maximum of their pay range at the time of the increase will receive a one-time lump sum payout in lieu of a base hourly wage increase. Lump sum payouts will be based on the maximum of the member’s pay range and subject to a member’s full time equivalency and applicable withholdings. In fiscal year 2021, should a base pay increase cause a member’s base hourly rate of pay to reach or exceed the maximum of the pay range, that member’s base hourly pay rate will be increased to the maximum of the pay range and the member will receive the remainder in a one-time lump sum payout subject to a member’s full time equivalency and applicable withholdings. B. Increases will be effective the pay period which includes September 1 of each fiscal year. Employees in an initial probationary period on September 1 of each fiscal year will receive their increases effective the pay period that includes the completion of their probation. C. Bargaining unit members who receive an overall rating of “does not meet expectations” (or the lowest overall rating used by the unit) on the member’s preceding annual performance evaluation will receive no base pay increase or lump sum payout.
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Base Pay Increases. (a) Employees with ten (10) years or more, as of September 1, 2020, shall receive the following: (i) Effective September 1, 2020, a market adjustment of one percent (1.00%) and a two percent (2.00%) salary increase. (ii) Effective September 1, 2021, a market adjustment of one percent (1.00%) and a two percent (2.00%) salary increase. (iii) Effective September 1, 2022 a market adjustment of one percent (1.00%) and a two percent (2.00%) salary increase. (iv) Effective September 1, 2023 a two percent (2.00%) salary increase. (b) Employees with less than ten (10) years, as of September 1, 2020, shall be paid as following:
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Base Pay Increases. It is the intent of the University and the Union to recognize employee performance and accountability. The University strives to compensate employees by using systems that are clearly communicated to bargaining unit members and consistently administered by supervisors. A. FY 2016 Effective the pay period that includes September 1, 2015, bargaining unit members will receive an increase of 2% added to their base pay. Employees in an initial probationary period on September 1, 2015 will receive their increases effective the pay period that includes the completion of their probation. B. FY 2017 and 2018 Increases will be effective the pay period which includes September 1 of each fiscal year. Employees in an initial probationary period on September 1 of each fiscal year will receive their increases effective the pay period that includes the completion of their probation. Bargaining unit members who receive an overall rating of “does not meet expectations” (or the lowest overall rating used by the unit) on the member’s preceding annual performance evaluation will receive no base pay increase. C. Base pay adjustments are not subject to the pay range maximums during the term of this Agreement.
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Base Pay Increases. For the first year of this Agreement, full-time non- probationary employees on the first day of payroll in the first full pay period in October, 2016 preceding ratification by the parties (the effective date) shall receive a base pay increase equivalent to 2.53.5% of their annual base salary. Part-time employees shall receive a corresponding pro-rata base pay increase based on their weekly work schedule on the effective date. These base pay increases shall be effective on the effective date. For the second year of this Agreement, full-time employees on the first day of payroll preceding October 1, 2014, shall receive a base pay increase equivalent to the greater of the annual CPI increase (defined below) or 3.0% of their annual base salary, subject to a maximum cap of 4%. Part- time employees shall receive a corresponding pro-rata base pay increase based on their weekly work schedule on the first day of payroll preceding October 1, 2014. These base pay increases shall be effective on the first day of payroll preceding October 1, 2014. For the second and third years of this Agreement, there shall be a reopeners for Wages.
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Base Pay Increases. It is the intent of the University and the Union to recognize employee performance and accountability. The University strives to compensate employees by using systems that are clearly communicated to bargaining unit members and consistently administered by supervisors. ▇. ▇▇▇▇▇▇ Years 2022, 2023, and 2024 Effective the pay period that includes September 1, 2021, bargaining unit members will receive an increase of 3.0% added to their base pay. Effective the pay period that includes September 1, 2022, bargaining unit members will receive an increase of 2.0% added to their base pay. Pursuant to 41.1 (D) above, effective the pay period that includes September 1, 2022, bargaining unit members will receive a market increase of at least 1.0% added to their base pay. Effective the pay period that includes September 1, 2023, bargaining unit members will receive an increase of 2.0% added to their base pay. Notwithstanding Paragraph C. below, bargaining unit members hired on or before September 1, 2021 are guaranteed an increase of 9.0% over the life of the contract in the form of cash and/or base rate increases depending upon whether or not the member is at the top of their pay range. Members whose base hourly rate of pay is at or above the maximum of their pay range at the time of the increase will receive a one-time lump sum payout in lieu of a base hourly wage increase. Lump sum payouts will be based on the maximum of the member’s pay range and subject to a member’s full time equivalency and applicable withholdings. Should a base pay increase cause a member’s base hourly rate of pay to reach or exceed the maximum of the pay range, that member’s base hourly pay rate will be increased to the maximum of the pay range and the member will receive the remainder in a one-time lump sum payout subject to a member’s full time equivalency and applicable withholdings. B. Increases will be effective the pay period which includes September 1 of each fiscal year. Employees in an initial probationary period on September 1 of each fiscal year will receive their increases effective the pay period that includes the completion of their probation. C. Bargaining unit members who receive an overall rating of “does not meet expectations” (or the lowest overall rating used by the unit) on the member’s preceding annual performance evaluation will receive no base pay increase or lump sum payout.
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Related to Base Pay Increases

  • 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.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.