Distribution of Base Salary Increase Sample Clauses

Distribution of Base Salary Increase. Each Member’s base salary increase shall be computed and distributed as follows: Fifty percent of the salary change shall be an equal dollar amount for each Member; and fifty percent shall be a percentage change multiplied by the Member’s base salary from the previous Contract Year. Each member shall receive by June 30 prior to each Contract Year a written notification from the College setting forth their base salary for that Contract Year.
AutoNDA by SimpleDocs

Related to Distribution of Base Salary Increase

  • Salary Increase 46.01 Effective July 1, 2020 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2021 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2022 an increase equal to 1% will be added to the job rates and to the salaries of all employees.

Time is Money Join Law Insider Premium to draft better contracts faster.