Base Salary Increase. At each annual anniversary of the Agreement, the Base Salary shall be increased at the greater of three percent (3%), or the prior year-end annual percentage increase in EBITDA as reported in the SEC 10K filing.
Base Salary Increase a. General Eligibility
(1) A teacher who received an evaluation rating of Ineffective or Improvement Necessary in the prior school year is not eligible for any salary increase and remains at their prior year salary.
(2) A teacher who is currently receiving the highest salary commensurate with the teacher’s educational attainment and experience is not eligible for a salary increase.
Base Salary Increase. At each annual anniversary of the Agreement, the Base Salary shall be increased at the greater of three percent (3%), or as recommended by the Compensation Committee of the Board of Directors.
Base Salary Increase. For the current contract year, teachers who satisfy the Evaluation and Experience requirements will receive a base salary increase of 1% of the teacher’s 2019-2020 base salary plus One Thousand Five Hundred Dollars and Zero Cents ($1,500.00). Evaluation and experience account for an equal share of the reason for the base salary increase. Evaluation eligibility will be defined as all of the following:
(i) Did not have an evaluation ranking for the previous year of either “ineffective” or “needs improvement”; and
(ii) Were eligible to receive an evaluation pursuant to the Metropolitan School District of Washington Township’s Teacher Evaluation Guidelines in the prior school year; and
(iii) Were determined as not having a negative impact upon student learning pursuant to the IDOE guidelines; or
(iv) Meets the exception of IC 20-28-9-1.5(f). Experience eligibility shall be defined as the requirement to be present for a minimum number of days in the prior school year in order to receive a qualifying evaluation in the Metropolitan School District of Washington Township. The Association and School Corporation acknowledge that the $1.5 million committed by the School Corporation in 2021 operating referendum were bargained and reflected in this Agreement.
Base Salary Increase. Whenever an employee is assigned to a position pursuant to paragraphs A through E of this section, his/her annual base salary shall be increased by stipend amount, described in paragraphs A through E, for such time that such employee is assigned to the position. Such base salary increase shall be included in the calculation of overtime pay, in accordance with Article 8, Section 2(A) of this Agreement.
Base Salary Increase. 2021-2022
Base Salary Increase. The University will increase the individual 2009-2010 base salaries, including any Longevity Increment adjustments to the base salaries of all full-time employees covered by this Agreement, by three percent (3.0%).
Base Salary Increase. 2023-2024
(i) Did not have an evaluation ranking for the previous year of either “ineffective” or “needs improvement”; and
(ii) Were eligible to receive an evaluation pursuant to the Metropolitan School District of Washington Township’s Teacher Evaluation Guidelines in the prior school year; and
(iii) Were determined as not having a negative impact upon student learning pursuant to the IDOE guidelines; or
(iv) Meets the exception of IC 20-28-9-1.5(f). Experience eligibility shall be defined as the requirement to be present for a minimum number of days in the prior school year in order to receive a qualifying evaluation in the Metropolitan School District of Washington Township. Subject to the reopener in Article VIII, Section 1, teachers who satisfy the Evaluation and Experience requirements will receive a base salary increase in the amount of Two Thousand Dollars and Zero Cents ($2,000.00). Evaluation and experience account for an equal share of the reason for the base salary increase and are as defined for the 2023- 2024 contract year.
Base Salary Increase. Effective upon the Closing, your annual base salary will increase to $400,000, less applicable taxes and withholdings. For the avoidance of doubt, your current target bonus will be pro-rated to reflect such increase in salary.
Base Salary Increase. For the 2021-2022 contract year, teachers are placed on the Salary Schedule in this Appendix at the salary nearest to but no less than the teacher’s 2020-2021 salary or, if a new hire, nearest but no less than their current salary. In order to be moved from the 2020-2021 salary to the 2021-2022 Salary Schedule, a teacher must not have received an “improvement necessary” or “ineffective” rating in the prior school year and the teacher must have been employed by the School Corporation during the prior school year for at least 120 days. Teachers must accrue 10 points under the following system:
