Base Salary and Step Pay Qualifications Sample Clauses

Base Salary and Step Pay Qualifications. It is the goal of this Agreement to set base salary for all firefighters subject to this Agreement at the average salary of the City’s peer cities plus 4%, and to achieve this goal by the end of the term of this Agreement. In order to achieve this goal in a fiscally responsible manner, the parties agree to increase the base salaries of all firefighter ranks by two percent (2%) in year one of this agreement. In year two of this agreement, the base salary for all firefighter ranks will increase by one-half (1/2) of the difference between the then current salary for the firefighter rank and the average of the City’s peer cities for that firefighter rank. If a firefighter rank salary is already at the average of the City’s peer cities, then that firefighter rank will only receive the cost of living adjustment salary increase as defined below. In year three of this agreement, the base salary for all firefighter ranks will increase to the average of the City’s peer cities, plus an additional increase of 2%. If a firefighter rank salary is already at the average of the City’s peer cities plus the additional 2% increase, then that firefighter rank will only receive the cost of living adjustment salary increase as defined below. In year four of this agreement, the base salary for all firefighter ranks will increase to the average of the City’s peer cities, plus an additional increase of 4%. If a firefighter rank salary is already at the average of the City’s peer cities plus the additional 4% increase, then that firefighter rank will only receive the cost of living adjustment salary increase as defined below. In addition to the above base salary increases, it is the intent to pay an annual cost of living adjustment salary increase in the amount of 2% in years two, three, and four of this Agreement. If the City’s non- civil service employees receive a salary increase greater than 2%, then the firefighters subject to this Agreement will receive an additional percentage salary increase of the difference between the percentage salary increase for the non-civil service employees and the 2% annual cost of living adjustment salary increase the firefighters will receive pursuant to this Agreement. Any such additional salary increase will be paid at the same time as the City’s non-civil service employees receive their salary increase. For example, if firefighters receive a 2% annual cost of living salary increase on October 1, 2020, and the City’s non-civil service employee...
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Related to Base Salary and Step Pay Qualifications

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

  • SALARY AND COMPENSATION ARTICLE 56

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  • Selection Based on Consultants’ Qualifications Services estimated to cost less than $100,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.1, 3.7 and 3.8 of the Consultant Guidelines.

  • SALARY STEP PLAN AND SALARY ADJUSTMENTS 198. Appointments to positions in the City and County Service shall be at the entrance rate established for the position except as otherwise provided herein.

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • Salary and bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Basic Salaries The basic salaries of employees covered by this Agreement are set forth in Appendix A which is attached to, and incorporated in this Agreement. These salaries shall remain in effect from July 1 through June 30.

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $250,000, payable in regular installments in accordance with the Company's usual payment practices. Executive shall be entitled to such increases in Executive's base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

  • IRO Qualifications The IRO shall:

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