Basic Increase Sample Clauses

Basic Increase. In each contract year of this agreement, the Board will grant each Employee the salary increases negotiated and indicated in this Article. A. For FY11, the Board will grant each eligible Employee a salary increase of 1.5% retroactive to July 1, 2010 for Academic Support Professionals and Academic Resource Professionals and September 1, 2010 for Teaching Professionals, Resource Professionals, and Instructors. B. For FY12, the Board shall grant to each eligible Employee a salary increase of 1.5% plus $500 to the Employee’s base annual full-time salary. These increases will be effective July 1, 2011 for Academic Support Professionals and Academic Resource Professionals, and September 1, 2011 for Teaching Professionals, Resource Professionals and Instructors. 1. Effective July 1, 2011, each eligible Academic Support Professional and Academic Resource Professional shall be granted an additional salary increase of 1.5%. 2. Effective September 1, 2011, each eligible Associate Professor will be granted an additional salary increase of 1.5% and each eligible Professor will be granted an additional salary increase of 2.0%. 3. Effective September 1, 2011, each eligible Instructor will be granted an additional salary increase of 7.5%. C. For FY13, the Board shall grant each eligible Employee a salary increase of 2.5%. These increases will be effective July 1, 2012 for Academic Support Professionals and Academic Resource Professionals, and September 1, 2012 for Teaching Professionals, Resource Professionals and Instructors. Additionally, effective September 1, 2012, each eligible Instructor will be granted an additional salary increase of 1%. For FY13, $50,000 will be allocated for compression adjustments to the base to be determined by the UPI. D. For FY14, the Board shall grant each eligible Employee a salary increase of 2.75%. These increases will be effective July 1, 2013 for Academic Support Professionals and Academic Resource Professionals, and September 1, 2013 for Teaching Professionals, Resource Professionals and Instructors. For FY14, $50,000 will be allocated for compression adjustments to the base to be determined by the UPI. E. For FY13 and FY14 a salary reopener shall be triggered if the state increases the University’s general appropriations above the level of FY11 ($40,695,200) unless the increase in appropriation is specifically targeted by the state (e.g., deferred maintenance). For FY13 and FY14, the salary increases shall be 2.5% and 2.75% respectiv...
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Basic Increase. There shall be no basic salary increase for 2011. In FY11, a salary reopener shall be triggered if the state increases University appropriations above the level of FY10 ($59,919,600) unless the increase in appropriation is specifically targeted by the state (e.g., deferred maintenance). Effective the first day of fall 2011, or July 1, 2011, for 12-month employees, the Board will grant each eligible employee, under contract and in the bargain­ing unit during the 2011-2012 (FY12) year, a salary increase of 1.0% of the employee's 2010-2011 basic monthly salary. In FY12, a salary reopener shall be triggered if the state increases University appropriations above the level of FY10 ($59,919,600) unless the increase in appropriation is specifically tar­geted by the state (e.g., deferred maintenance). For FY13 (2012-2013), the salary increase shall be 2.5%. In FY13, a salary reopener shall be triggered if the state increases University appropriations above the level of FY10 ($59,919,600) unless the increase in appropriation is specifically targeted by the state (e.g., deferred maintenance). For FY14 (2013-2014), the salary increase shall be 3.5% or the percentage allocated from the state for faculty salaries, whichever is greater. For FY15 (2014-2015), the increase shall be 4.0% or the percentage allocated from the state for faculty salaries, whichever is greater. Effective the first day of fall 2010, salary minima will be specified in Article 29.3.; promotion amounts will be specified in Article 29.1.; and PAA amounts will be specified in Article 29.2. The University will not activate involuntary furloughs in the 2010-2011 and 2011-2012 academic years. If an employee signs an irrevocable election agreement to retire prior to the effective date of the renegotiated contract, the employee will be exempt from the new contract and retain rights to wage increases guaranteed under the prior contract (WIU/UPI 2007-2011 Agreement). Employees who signed the irre­vocable election letter to retire prior to the effective date of the renegotiated contract will also be eligible for other compensation increases as agreed in the WIU/UPI 2010-2015 Agreement if they are employed that year. An employee who signs an irrevocable election to retire after the effective date of the renego­tiated contract will be subject to pay provisions effective at the time they sign the IER.
Basic Increase a. There shall be no basic salary increase for 2017-2018. b. For 2018-2019, employees who deferred 3% of their base salary per the Deferral Memorandum of Agreement shall have the amount deferred restored to their base salaries. c. For 2019-2020, the salaries of all employees and the minima lanes will be reduced by 2%. d. Salaries and minima shall be frozen for the remainder of the 2017-2021 Agreement. e. Provided, however, either the Union or the University may request, by October 1, 2020, to reopen the Agreement to discuss base salaries to be effective in 2020-2021. Either party may request an extension of the reopener date due to the failure to receive an approved annual state appropriation prior thereto. In addition, should the state legislature appropriate funds specifically for salary increases, the parties will meet to discuss the applicability to the bargaining unit. f. Effective the first day of FY18, salary minima for academic years 2017-2021 will be specified in Article 29.3.; promotion amounts will be specified in Article 29.1.; and merit amounts will be specified in Article 29.2. g. If an employee signs, prior to December 15, 2018, an irrevocable election to retire no later than June 30, 2020, the employee will be exempt from the new contract wage and minima reductions under the current contract (WIU/UPI 2017-2021 Agreement).
Basic Increase. In each contract year of this agreement, effective July 1 for all Academic Support Professionals, and September 1 for Teaching Professionals, Resource Professionals, Instructors and temporary Resource Professionals, the Board will grant each Employee a salary increase equal to 3.5% of the Employee’s basic monthly salary for the previous fiscal year.

Related to Basic Increase

  • 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.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will: (1) agree on the amount of the increase; (2) agree on any terms and conditions that will apply to the increase; and (3) execute an amendment to this Agreement that reflects the agreement reached.

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage. 2. Each calendar year, in principle before 1 July, the CLA parties shall conduct talks on the adjust- ment of the (other) amounts shown in the salary table (column I, job grades 4 up to and including 6, column II and III) in article 28(2) of the CLA from 1 July of that year. 3. If an adjustment of the salary table (column I, job grades 4 up to and including 6, columns II and III) is agreed pursuant to paragraph 2 of this article, this will be applied as follows: a. The salary table (column I, job grades 4 up to and including 6, columns II and III) will be increased by the agreed percentage and b. the actual wage of the temporary agency worker will be increased by the agreed percentage from the agreed date.

  • 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.

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • RENT INCREASE 6.1 The Landlord is entitled to increase the Rent payable under this tenancy, either during the Tenancy Term or any subsequent renewal or periodic term, on each anniversary of the start date of this tenancy (“The Rent Increase Date”). The increase will be a minimum 5% in addition to the current Rent payable. Should the Landlord elect to do so they will first serve written notice on the Tenant in accordance with these Tenancy Terms and Conditions of at least one calendar month prior to the Rent Increase Date (“the Rent Increase Notice”). 6.2 If the Landlord chooses not to increase the Rent on the Rent Increase Date they may defer doing so to any date thereafter provided they shall at any time thereafter be entitled to serve a Rent Increase Notice and the said rent increase shall take effect on the expiry of such notice – the Landlord will not be entitled to then increase the rent in this way for another 12 months.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Annual Increments ‌ 12.1 Employees will proceed to the maximum of their salary range by annual increments, after 12 months’ continuous service at each increment point, unless there is an adverse report on the Employee's performance or conduct which recommends the non-payment of an annual increment. 12.2 The following process will apply where a report on an Employee’s performance or conduct recommends the non-payment of an annual increment: (a) The Employee will be shown the report prior to completing 12 months’ continuous service since their last incremental advance; (b) The Employee will be provided with an opportunity to comment in writing; (c) The Employee’s comments will be considered immediately by the Employer and a decision made as to whether to approve the payment of the increment or withhold payment for a specific period; and (d) Where the increment is withheld, the Employer before the expiry of the specified period will complete a further report and the above provisions will apply. 12.3 The non-payment of an increment will not change the normal anniversary date of any further increment payments. 12.4 For the purposes of this clause "continuous service", except where an increment is payable according to age, will not include any period: (a) exceeding 14 calendar days during which an Employee is absent on Leave Without Pay. In the case of leave without pay which exceeds 14 calendar days the entire period of such Leave Without Pay is excised in full; (b) which exceeds six (6) months in one continuous period during which an Employee is absent on workers' compensation. Provided that only that portion of such continuous absence which exceeds six (6) months will not count as "continuous service"; and (c) which exceeds three (3) months in one (1) continuous period during which an Employee is absent on Personal Leave without pay. Provided that only that portion of such continuous absence which exceeds three (3) months will not count as "continuous service".

  • Commitment Increase From time to time after the Closing Date, the Revolving Commitments may be increased (but in no event in excess of $50,000,000 in the aggregate for all such increases) (the “Commitment Increase Cap”) such that the aggregate Revolving Commitments shall at no time exceed $450,000,000 (any such increase, a “Commitment Increase”) at the option of Borrower pursuant to delivery of written notice from Borrower of a proposed Commitment Increase to the Administrative Agent if each of the following conditions have been met: (a) no Default or Event of Default shall exist or would result from such Commitment Increase; (b) no Commitment Increase may be in an amount less than $10,000,000; (c) no existing Lender shall be obligated to increase its Revolving Commitment in connection with any Commitment Increase; (d) the proposed Commitment Increase shall have been consented to in writing by each existing Lender (if any) who is increasing its Revolving Commitment and/or each other institution (if any) that constitutes a permitted assignee under Section 11.04(b) and that has agreed to become a Lender in respect of all or a portion of the Commitment Increase (each such Lender, a “New Lender”); (e) the proposed Commitment Increase, together with any prior Commitment Increase, shall not exceed the Commitment Increase Cap; and (f) the Administrative Agent shall have received (i) an agreement setting forth such Commitment Increase, together with Lender Addendums and promissory notes with respect thereto, (ii) evidence of corporate authorization on the part of the Loan Parties with respect to such Commitment Increase, (iii) opinions of counsel with respect to such Commitment Increase, (iv) amendments to the Security Documents in connection with such Commitment Increase, (v) on behalf of each existing Lender and/or New Lender participating in such Commitment Increase, payment of fees (if any) agreed to by Borrower and payable to such Persons in connection with such Commitment Increase and (vi) evidence of the satisfaction of the conditions set forth in clauses (a) through (d) above in connection with such Commitment Increase, in each case as the Administrative Agent may reasonably request. Each of the Borrower, Lenders and Administrative Agent acknowledges and agrees that each Commitment Increase meeting the conditions set forth in this Section 2.20 shall not require the consent of any Lender other than those Lenders, if any, which have agreed to increase their Revolving Commitments in connection with such proposed Commitment Increase. After giving effect to any Commitment Increase, it may be the case that the outstanding Revolving Loans are not held pro rata in accordance with the new Revolving Commitments. In order to remedy the foregoing, on the effective date of the applicable Commitment Increase, the Revolving Lenders (including, without limitation, any new Lenders) shall make payments to the Administrative Agent, and the Administrative Agent agrees, upon receipt of all such payments, to disburse such amounts to the Lenders so that after giving effect thereto the Revolving Loans will be held by the Revolving Lenders (including, without limitation, any new Lenders), pro rata in accordance with the Pro Rate Percentages hereunder (after giving effect to the applicable Commitment Increase).

  • Salary Increase Effective December 1, 2015, salary rates shall be increased by 2.25%.

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