Common use of Compensation Calculation Example Clause in Contracts

Compensation Calculation Example. 13.1.5.1 Below is an example of how compensation increases will be applied from 2017-2018 through 2019-2020. This example uses a base of $10,000 for illustrative purposes: 2017-2018 • Base salary raised by 3% effective 7/1/17 = $10,300. • 2% off schedule one-time payment after 3% increase to base salary ($10,300 x 2%) = $206 2018-2019 • Base salary raised by 4% effective 7/1/18 ($10,300 x 4%) = $10,712. • If ballot measure successful and implement, add amount to “parcel tax add on” column equal to 2% of new base salary effective 7/1/18 ($10,712 x 2%) = $214.24 • 1% off schedule one-time payment after 4% increase to base salary ($10,712 x 1%) = $107.12 2019-2020 • Base salary raised by 4% effective 7/1/19 ($10,712 x 4%) = $11.140.

Compensation Calculation Example. 13.1.5.1 11.2.5.1 Below is an example of how compensation increases will be applied from 2017-2018 through 2019-2020. This example uses a base of $10,000 for illustrative purposes: 2017-2018 •  Base salary raised by 3% effective 7/1/17 = $10,300. •  2% off schedule one-time payment after 3% increase to base salary ($10,300 x 2%) = $206 2018-2019 •  Base salary raised by 4% effective 7/1/18 ($10,300 x 4%) = $10,712. •  If the ballot measure is successful and implementimplemented, add amount to “parcel tax add on” column equal to 2% of new base salary effective 7/1/18 ($10,712 x 2%) = $214.24 •  1% off schedule one-time payment after 4% increase to base salary ($10,712 x 1%) = $107.12 2019-2020 •  Base salary raised by 4% effective 7/1/19 ($10,712 x 4%) = $11.140.

Compensation Calculation Example. 13.1.5.1 11.2.5.1 Below is an example of how compensation increases will be applied from 2017-2018 through 2019-2020. This example uses a base of $10,000 for illustrative purposes: 2017-2018 •  Base salary raised by 3% effective 7/1/17 = $10,300. •  2% off schedule one-time payment after 3% increase to base salary ($10,300 x 2%) = $206 2018-2019 •  Base salary raised by 4% effective 7/1/18 ($10,300 x 4%) = $10,712. •  If the ballot measure is successful and implementimplemented, add amount to “parcel tax add on” column equal to 27% of new base salary effective 7/1/18 ($10,712 x 27%) = $214.24 • 749.84  1% off schedule one-time payment after 4% increase to base salary ($10,712 x 1%) = $107.12 2019-2020 •  Base salary raised by 4% effective 7/1/19 ($10,712 x 4%) = $11.14011,140.