Below Midpoint Sample Clauses

Below Midpoint. The employee shall receive a premium increase of 4.5%, not to exceed the value of their grade’s midpoint, for FY22 and FY23. However, if a 2.75% raise would be greater than the value of this increase, they shall receive a 2.75% raise instead. Employees below the midpoint that receive the 10% increase for the Hay level change, will not receive the premium 4.5% in FY22. vi | P a g e
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Related to Below Midpoint

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