Employees’ Salary Scale Sample Clauses

Employees’ Salary Scale. Except as otherwise provided in this Agreement the salary of each employee covered by this Agreement shall be determined by the following annualized scale: APPROVED GRID 0 40,707 44,441 48,626 52,711 53,674 1 40,707 44,441 48,626 52,711 53,674 2 42,388 46,529 50,980 55,312 56,279 3 44,071 48,617 53,331 57,912 58,882 4 45,752 50,705 55,684 60,510 61,486 5 47,434 52,793 58,037 63,110 64,090 6 49,116 54,880 60,390 65,711 66,695 7 50,797 56,969 62,742 68,311 69,299 8 52,479 59,056 65,095 70,911 71,902 9 54,161 61,145 67,448 73,511 74,506 10 55,842 63,232 69,802 76,112 77,110 11 66,953 74,318 80,680 81,706 INC VALUE 1,682 2,087 2,353 2,601 2,605 2% increase 0 41,521 45,330 49,599 53,765 54,747 1 41,521 45,330 49,599 53,765 54,747 2 43,236 47,460 52,000 56,418 57,405 3 44,952 49,589 54,398 59,070 60,060 4 46,667 51,719 56,798 61,720 62,716 5 48,383 53,849 59,198 64,372 65,372 6 50,098 55,978 61,598 67,025 68,029 7 51,813 58,108 63,997 69,677 70,685 8 53,529 60,237 66,397 72,329 73,340 9 55,244 62,368 68,797 74,981 75,996 10 56,959 64,497 71,198 77,634 78,652 11 68,292 75,804 82,294 83,340 INC VALUE 1,715 2,129 2,400 2,653 2,657 1.25% increase 0 42,040 45,897 50,219 54,437 55,431 1 42,040 45,897 50,219 54,437 55,431 2 43,776 48,053 52,650 57,123 58,123 3 45,514 50,209 55,078 59,808 60,811 4 47,250 52,365 57,508 62,492 63,500 5 48,988 54,522 59,938 65,177 66,189 6 50,724 56,678 62,368 67,863 68,879 7 52,461 58,834 64,797 70,548 71,569 8 54,198 60,990 67,227 73,233 74,257 9 55,935 63,148 69,657 75,918 76,946 10 57,671 65,303 72,088 78,604 79,635 11 69,146 76,752 83,323 84,382 INC VALUE 1,736 2,156 2,430 2,686 2,690 Economic Stability Dividend % increase (if applicable) 0 42,040 45,897 50,219 54,437 55,431 1 42,040 45,897 50,219 54,437 55,431 2 43,776 48,053 52,650 57,123 58,123 3 45,514 50,209 55,078 59,808 60,811 4 47,250 52,365 57,508 62,492 63,500 5 48,988 54,522 59,938 65,177 66,189 6 50,724 56,678 62,368 67,863 68,879 7 52,461 58,834 64,797 70,548 71,569 8 54,198 60,990 67,227 73,233 74,257 9 55,935 63,148 69,657 75,918 76,946 10 57,671 65,303 72,088 78,604 79,635 11 69,146 76,752 83,323 84,382 INC VALUE 1,736 2,156 2,430 2,686 2,690 1.0% increase 0 42,460 46,356 50,721 54,981 55,985 1 42,460 46,356 50,721 54,981 55,985 2 44,214 48,534 53,177 57,694 58,704 3 45,969 50,711 55,629 60,406 61,419 4 47,723 52,889 58,083 63,117 64,135 5 49,478 55,067 60,537 65,829 66,851 6 51,231 57,245 62,992 68,542 69,568 7 52,986 59,422 65,445 71,253 72,285 8 54,740 61,600 67,899...
Sample 1Sample 2
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Employees’ Salary Scale a) Effective July 1, 2019 – 2% adjustment to the Employees’ Salary Scale b) Effective July 1, 2020 – 2% adjustment to the Employees’ Salary Scale c) Effective July 1, 2021 – 2% adjustment to the Employees’ Salary Scale I. XXX employed on the date of ratification and who were employed on July 1, 2019 shall receive retroactive payment of wages to July 2019. II. ASA members hired after July 1, 2019 and were employed on the date of ratification shall have their retro-active pay pro-rated from their date of hire to the date of ratification. 2% increase 0 44,622 48,717 53,304 57,782 58,837 1 44,622 48,717 53,304 57,782 58,837 2 46,465 51,006 55,885 60,633 61,695 3 48,310 53,294 58,461 63,483 64,548 4 50,154 55,583 61,042 66,332 67,403 5 51,998 57,871 63,620 69,183 70,256 6 53,841 60,161 66,201 72,033 73,112 7 55,686 62,448 68,779 74,882 75,966 8 57,528 64,737 71,357 77,732 78,821 9 59,371 67,028 73,938 80,582 81,673 10 61,214 69,316 76,518 83,434 84,526 11 - 73,393 81,468 88,443 89,567 2% increase 0 45,514 49,692 54,370 58,938 60,013 1 45,514 49,692 54,370 58,938 60,013 2 47,394 52,026 57,002 61,846 62,929 3 49,276 54,360 59,631 64,752 65,839 4 51,158 56,695 62,263 67,658 68,751 5 53,038 59,028 64,893 70,566 71,661 6 54,918 61,364 67,525 73,474 74,574 7 56,800 63,697 70,154 76,380 77,485 8 58,679 66,032 72,784 79,287 80,397 9 60,559 68,369 75,417 82,194 83,307 10 62,439 70,702 78,049 85,103 86,217 11 - 74,861 83,098 90,212 91,359 2% increase 1 46,425 50,685 55,458 60,116 61,214 2 48,342 53,067 58,143 63,082 64,187 3 50,262 55,447 60,823 66,047 67,155 4 52,181 57,828 63,508 69,011 70,126 5 54,098 60,209 66,191 71,977 73,094 6 56,016 62,591 68,876 74,944 76,065 7 57,936 64,971 71,557 77,908 79,035 8 59,852 67,353 74,240 80,873 82,005 9 61,770 69,736 76,925 83,838 84,973 10 63,687 72,117 79,610 86,805 87,941 11 - 76,358 84,760 92,016 93,186
Sample 1
Employees’ Salary Scale. Except as otherwise provided in this Agreement the salary of each employee covered by this Agreement shall be determined by the following annualized scale: 2.5% increase INCREMENT S3 P4 P5 P6 P6M 0 39,909 43,570 47,673 51,677 52,622 1 39,909 43,570 47,673 51,677 52,622 2 41,557 45,617 49,980 54,227 55,175 3 43,207 47,664 52,285 56,776 57,727 4 44,855 49,711 54,592 59,324 60,280 5 46,504 51,758 56,899 61,873 62,833 6 48,153 53,804 59,206 64,423 65,387 7 49,801 55,852 61,512 66,972 67,940 8 51,450 57,898 63,819 69,521 70,492 9 53,099 59,946 66,125 72,070 73,045 10 54,747 61,992 68,433 74,620 75,598 11 65,640 72,861 79,098 80,104 INC VALUE 1,649 2,046 2,307 2,550 2,553 a) In the event that a temporary vacancy or continuing contract commences on a day other than the first school day in that month, or terminates on a day other than the last school day in that month, the formula for payment per day for that month shall be: b) Employees shall be paid their annualized salary in twenty equal consecutive semi-monthly instalments commencing in September. Pay days shall be the 15th and the last day of each month. In the event that the 15th or the last day of the month falls on a weekend, payments will be issued on the preceding Friday, or, in the event that the Friday is a statutory holiday, the day preceding that holiday.
Sample 1

Related to Employees’ Salary Scale

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Salary Scales ‌ 2.5.1 Effective from 1 January 2024, and subject to the Remuneration provisions in the Terms of Settlement, a 4% increase will apply to all paid and printed rates. The following Allied Divisions shall refer to the applicable schedules for their scales: MIT, UCOL and Otago. 2.5.2 Effective from 1 January 2025, kaimahi will be translated into the following salary scale, which includes the 4% salary increase: Band Step (N/A for UCOL and TOPNZ) Scale Scale 2025 (4%) 40 hours Band Step(N/A for UCOL and TOPNZ Scale 2025 (4%) Scale 2025 (4%)

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Salary, Bonus and Benefits For services rendered by the Employee on behalf of the Company during the Employment Term, the following salary, bonus and benefits shall be provided to the Employee by the Company: (a) The Company shall pay to the Employee, in equal installments, according to the Company’s then current practice for paying its executive officers in effect from time to time during the Employment Term, the Annual Base Salary. (b) The Employee shall participate in the Sealy Corporation Annual Bonus Plan (the “Bonus Plan”) in accordance with the provisions of that Plan as in effect as of the date of this Agreement based on the Target Annual Bonus Percentage. (c) The Employee shall be eligible for participation in such other benefit plans, including, but not limited to, the Company’s Profit Sharing Plan and Trust, Executive Severance Benefit Plan, Benefit Equalization Plan, Short-Term and Long Term Disability Plans, Group Term Life Insurance Plan, Medical Plan or PPO, Dental Plan, the 401(k) feature of the Profit Sharing Plan and the 1998 Stock Option Plan, as the Board may adopt from time to time and in which the Company’s executive officers are eligible to participate. Such participation shall be subject to the terms and conditions set forth in the applicable plan documents. As is more fully set forth in Section 6 hereof, the Employee shall not be entitled to duplicative payments under this Agreement and the Executive Severance Benefit Plan. (d) Without limiting the generality of Subsection 3(c) above, for so long as such coverage shall be available to the executive officers of the Company, the Employee shall be eligible to participate in the Company’s Group Term Life Insurance Plan with a death benefit to be provided at the level of one and one half (1 ½) times annual base salary at Company expense, plus extended coverage with a death benefit to be provided of at least the level in effect on the date of this Agreement for the Employee under such Plan at the Employee’s discretion and expense. (e) The Employee shall be entitled to take, during each calendar year period during the Employment Term, vacation time equal to four (4) weeks per year. (f) In addition, the Parties do hereby further confirm that any shares of Class A Common Stock of the Company (“Class A Shares”), and any options to purchase additional Class A Shares previously granted to Employee are in addition to, and not in lieu of, any shares or options which may be granted under any other plan or arrangement of the Company after the date of this Agreement, and (b) the various stock agreements and stock option agreements, and any related Stockholder Agreement (the “Stockholder Agreement”) between the Parties (such agreements being hereinafter referred to collectively as the “Pre-existing Agreements”), all remain in full force and effect except as otherwise provided herein. Notwithstanding the foregoing, to the extent that any provision contained herein is inconsistent with the terms of any of the Pre-existing Agreements, the terms of this Agreement shall be controlling.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Employees; Benefits Employer agrees that any and all benefits that were provided to the Employee shall continue until _________________, 20____. In addition, the Employer shall assist the Employee in the transfer, change, or termination to any employment benefits, including, but not limited to, health insurance plans, dental insurance plans, vision insurance plans, life insurance plans, disability insurance, childcare benefits, wellness programs, retirement plans, government assistance programs, and/or any other program or benefit that was readily accessible and being used by the Employee.

  • Salary and Bonus Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2. (a) All wages, salaries and other compensation paid to employees of the Project, including, but not be limited to, unemployment insurance, social security, worker's compensation, employee benefit packages and other charges imposed by a governmental authority or provided for in a union agreement, shall (a) as to employees of Manager or any Subcontractor, be reimbursed by Owner to Manager (or directly to the applicable Subcontractor, if requested by Manager) without profit or mark-up, and (b) as to employees of Owner, be paid directly by Owner. Xxnager shall coordinate all disbursements and deposits for all compensation and other amounts payable with respect to persons employed in connection with the operation of the Project from an appropriate Project Account. Manager shall maintain complete payroll records for all employees. (b) In addition to the employment of employees set forth on Schedule 3, Manager may, in its discretion, from time to time employ personnel of its general operations to perform direct special services for the benefit of the Project; provided, however, that Manager shall obtain the prior approval of Owner for the employment of such special personnel, except in emergency situations or when timing requirements do not allow for such prior approval. Owner shall reimburse Manager for such direct services rendered by special personnel in an amount commensurate with normal and customary charges for such services by similarly qualified persons. Persons whose compensation may not be charged to Owner for services rendered to the Project includes the general asset management personnel of Manager who are not on-site of the Project.

  • Employees' Compensation The Consultant shall be solely responsible for the following:

  • Base Salary and Benefits (a) During the Employment Period, the Company shall pay Executive an annual base salary of $535,600 (the “Base Salary”). As used herein, references to “Base Salary” shall include all subsequent increases in annual base salary during the Employment Period. The Base Salary shall be payable in regular installments in accordance with the Company’s general payroll practices (as in effect from time to time). (b) In addition to the Base Salary, during the Employment Period, Executive will be eligible to earn an annual bonus under a bonus plan to be established by the Company, payable in accordance with the Company’s customary practices, as determined by the Board, in its sole discretion based upon the Company’s achievement of budgetary and other objectives set by the Board; provided that, in determining the amount of the annual bonus, if any, to be paid to Executive, the Board shall, in determining whether the Company has achieved the budgetary and other goals set by the Board, disregard any payments by the Company and its subsidiaries to Onex (as defined below) and affiliates. (c) During the Employment Period, Executive shall be entitled to participate in all of the Company’s employee benefit programs for which senior executives of the Company and its subsidiaries are generally eligible. Without duplication of any employee benefits provided to all senior executives of the Company and its subsidiaries, the Company shall reimburse Executive for the annual premium cost of $1 million of term life insurance coverage purchased by Executive on his life, up to a maximum of Eleven Thousand Dollars ($11,000) per year. (d) During the Employment Period, the Company shall (without duplication of any employee benefits provided to Executive pursuant to other provisions of this Agreement) reimburse Executive for all reasonable business expenses incurred by him in the course of performing his duties and responsibilities under this Agreement which are consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, subject to the Company’s requirements with respect to reporting and documentation of such expenses. (e) All amounts payable or otherwise provided to Executive pursuant to this Agreement shall be subject to all applicable withholding and deduction obligations.

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