Compensation Year Sample Clauses

Compensation Year. “Compensation Year” shall mean a period of twelve
AutoNDA by SimpleDocs
Compensation Year. Compensation Year” shall mean calendar year.
Compensation Year. 1 Year 2 Year 3 Effective Date Across the Board Increase 1.62% 1.62% 1.62% Post Probation minimum per credit hour rate for Part-time faculty $1445 $1465 $1485 Probation minimum rate per credit hour for Part-time faculty $1360 $1370 $1380 Across the board increase for hourly music lessons 1.62% 1.62% 1.62% Post Probation minimum hourly rate for music lessons $56 $57 $58 Probation minimum hourly rate for music lessons $52.50 $52.50 $52.75 A printout containing the distribution of rate increases shall be provided to the Union President within four (4) weeks of the start of the academic year. If an AU faculty member leaves the bargaining Unit but does not have a break in service as defined in Article II, if they return to teach in the bargaining unit, within their former school or college, they will be entitled to be compensated in their former school or college, at the higher of either (1) the effective appropriate (probation or post-probation) minimum contractual per credit rate or (2) their last contractual rate increased by the effective contractual increase at the time of their return. If the AU faculty returns to teach in a school or college that is different from the one in which they taught immediately prior to taking the leave or break in service (as defined in Article II) their per credit rate cannot be less than the minimum contractual rate appropriate to their current status (i.e. probationary or post- probationary). Nothing in this provision will prevent the AU faculty member from being compensated at a higher rate at the discretion of the University.
Compensation Year. 1 Year 2 Year 3 Effective Date July 1, 2019* July 1, 2020* July 1, 2021* Across the board increases 2.5% increase to base salary 2.5% increase to base salary 2.5% increase to base salary *Effective date of the annual increase is either July 1 or the beginning of the fiscal year. The minimum base rate for employees in Parking and Transit Services will be the greater of the current University Fair Wage rate or thirteen dollars and fourteen cents ($13.14) per hour. Newly hired employees will not be hired at a rate higher than any employee in the same classification. Current Syracuse University administrative staff members who transfer into Office Staff positions in Parking and Transit Services may be hired at their current rate of pay. ur.

Related to Compensation Year

  • Vacation Year The vacation year shall be April 1 to March 31, inclusive.

  • Extra Compensation 1. CTSO Advisors will be paid twenty-five ($25) per hour (capped at eight (8) hours per day) for non-discretionary CTSO activities (e.g., conferences, conventions, and competitions) involving students on days not scheduled as part of the regular school year calendar.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Full Compensation Subrecipient agrees to accept the specified compensation as set forth in this Contract as full remuneration for performing all services and furnishing all staffing and materials required, for any reasonably unforeseen difficulties which may arise or be encountered in the execution of the services until acceptance, for risks connected with the services, and for performance by the Subrecipient of all its duties and obligations hereunder.

  • SALARY AND COMPENSATION ARTICLE 56

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

  • Lump Sum Compensation Lump sum computation refers to the method of payment under this Agreement for the professional services of the Consultant.

  • ’ Compensation Leave If such determination cannot readily be made and all healthcare leave or annual leave subject to 100% payoff has been applied to the absence, the employee shall be placed on Official Leave until a final determination is made.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!