Base Salary Adjustments. Executive’s Base Salary shall be reviewed at least annually in accordance with the Company’s customary practices for its executives. The Board or a committee thereof may make such adjustments, as it deems appropriate in its sole discretion; provided, however, in no event shall the Company pay Executive a Base Salary of less than $200,000, unless the change to Executive’s Base Salary was applicable to the annual base salary of all senior executives of the Company in substantially the same manner.
Base Salary Adjustments. Salary dollars will be distributed as follows:
a) For 2017-2018, each returning faculty member with overall satisfactory performance shall receive a one and one-half (1.5%) percent increase above the prior year base salary.
b) For 2018-2019, each returning faculty member with overall satisfactory performance shall receive a one and one-half (1.5%) percent increase above the prior year base salary.
c) Faculty earning new doctorates will be awarded an additional three thousand dollars ($3,000) upon receipt by the Human Resources Director/AVP of official transcripts or sufficient documentation from the awarding institution indicating the awarding of the degree. New doctorates must be completed and official transcripts received prior to September 1st of the contract year in order to receive additional compensation. The additional compensation shall not be included in the faculty member’s prior year base salary for the purpose of salary increases under sections a) and b) above.
d) Faculty members receiving promotion to a new academic rank shall either advance to the rank base salary floor or receive an additional three thousand dollars ($3,000) to his or her annualized salary, whichever is higher. Comparison with rank base salary floor will occur after application of salary increases as per sections a), b), and c) above. The amount of this award will not be included in the faculty member’s prior year base salary for the purpose of salary increases under sections a) and b) above.
e) There will be an increase in rank base salary (promotion base or minimum) for 2017-2018 and for 2018-2019 as noted below. The following 2017-2018 and 2018-2019 rank base salaries (promotion base or salary minimums) shall apply to all faculty members beginning work prior to the Fall 2017 semester. 2017-2018 Increase 2017-2018 Rank Promotion Base Salaries Professor 1.5% $70,359.50 Associate 1.5% $59,895.51 Assistant 1.5% $51,332.92 Instructor 1.5% $39,884.40 2018-2019 Increase 2018-2019 Rank Promotion Base Salaries Professor 1.5% $71,414.89 Associate 1.5% $60,793.94 Assistant 1.5% $52,102.91 Instructor 1.5% $40,482.66 f) New faculty shall not be hired at rates less than the new hire rank base salaries. There will be an increase in the new hire rank base salary for 2017- 2018 and for 2018-2019 as noted below. The following 2017-2018 and 2018-2019 new hire rank base salaries shall apply to all faculty members hired to begin work in the first semester of the 2017-2018 or 2018-2019 academi...
Base Salary Adjustments. Increases in the base academic year salaries of unit members shall occur in the manner prescribed in this Article.
Base Salary Adjustments. On the effective date, the previous year’s base salaries for all employees who were employed on the applicable date as set out in 24.02(a-c) shall be increased by the following adjustments:
Base Salary Adjustments. Increases in the base academic year salaries of UNAC members shall occur in the manner prescribed in this Article.
Base Salary Adjustments. From time to time during the Term, the Company will review the Base Salary and may make such upward adjustments, if any, as the Company, in its sole discretion determines to be appropriate in light of the performance of the Executive.
Base Salary Adjustments. Increases in the base academic year salaries of bargaining unitUNAC members shall occur in the manner prescribed in this aArticle.
Base Salary Adjustments. The annual base salary shall increase or decrease as the number of stores operated by Employer increases or decreases as follows: Hat World Stores Operated Base Pay Increases ------------------------- ------------------ 50 to 99 stores 10.00% to $77,000 Annually 100 to 149 stores 10.00% to $84,700 Annually 150 to 199 stores 15.00% to $97,405 Annually 200 to 249 stores 15.00% to $112,016 Annually Annual increases or decreases shall be effective from the date the total number of stores operated by Employer attains the numbers listed above prorated to reflect any partial months of employment hereunder. The increase would be lost if the total number of stores declines below the thresholds indicated above. For example, if the store number is 50, then a 10.00% increase applies for the remainder of the term unless the store number would drop to 49 or less, then the original Base Salary ($70,000) would apply.
Base Salary Adjustments. (1) Effective March 27, 2016, there shall be an increase in the base salary of each eligible Member of 1.50%.
(2) Effective March 26, 2017, there shall be an increase in the base salary of each eligible Member of 1.50% (based on a combined 1.0% General Salary Increase and 0.5% Market Adjustment).
(3) Effective March 25, 2018 there shall be an increase in the base salary of each eligible Member of 1.50%.
(4) Effective March 24, 2019, there shall be an increase in the base salary of each eligible Member of 2.00%.
(5) Effective March 22, 2020, there shall be an increase in the base salary of each eligible Member of 1.00%.
(6) Any Member whose salary on April 1 of a given year is below the new floor after implementation of the base salary adjustments described in 28.03 and applicable floor adjustments described in 28.02, shall have their salary raised to the new floor applicable to their rank.
Base Salary Adjustments. A. There are no base salary increases during the term of this 2020-2022 MOU.
