First Fiscal Year Wage Adjustment Sample Clauses

First Fiscal Year Wage Adjustment. ‌‌‌ Effective July 1, 2019 all salary ranges and rates for classes covered in this Agreement shall be increased by two and one-quarter percent (2.25%), rounded to the nearest cent. The compensation grid for classes covered by this Agreement is contained in Appendix B-1. Employees shall convert to the new compensation grid as provided in Section 2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.
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First Fiscal Year Wage Adjustment. Effective July 1, 2015, all salary ranges and rates shall be increased by two and one-half percent (2.5%), rounded to the nearest cent. The compensation grid for classes covered by this Agreement is contained in Appendix D-1. Nurses shall convert up to the new compensation grid as provided in Section 3 above. Conversion to the new compensation grid shall not change a nurse’s eligibility for step progression increases.
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First Fiscal Year Wage Adjustment. Effective July 1, 2011, all salary ranges and rates shall remain the same as those in effect on June 30, 2011. These salary ranges and rates shall remain in effect from July 1, 2011 through January 1, 2013. The compensation grid for classes covered by this Agreement is contained in Appendix B-1.
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First Fiscal Year Wage Adjustment. Effective July 1, 2005, all salary ranges and rates shall be increased by two (2.0) percent, rounded to the nearest cent. Effective July 1, 2005, all supervisors shall be assigned to the same relative salary step within the salary range for their respective class as specified in Appendix G except as set forth below. Effective July 1, 2005, all supervisors, including those supervisors whose rates of pay exceed the maximum rate of pay for their class shall receive a salary increase of two (2.0) percent. Conversion to the new compensation grid shall not change a supervisor’s eligibility for step progression increases.
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First Fiscal Year Wage Adjustment. The salary ranges for employees covered by this Agreement are shown in Appendix B. Effective July 11, 2007, all salary ranges and rates shall be increased by three and one-quarter (3.25) percent, rounded to the nearest cent. Effective July 11, 2007, all employees shall be assigned to the same relative salary step within the salary range for their respective class, as specified in Appendix B, except as set forth below. Salary increases provided by this Section shall be given to all employees except those whose July 11, 2007 salary is equal to or greater than the maximum rate for their class as set forth in Appendix B. Employees who are paid at a rate which exceeds the maximum rate established for their class prior to July 10, 2007, but whose rate falls within the new range for their class shall be assigned to the maximum of the new range. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.
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First Fiscal Year Wage Adjustment. The salary ranges for employees covered by this Agreement are shown in Appendix B. Effective July 1, 2005, all employees shall be assigned to the same relative salary step within the salary range for their respective class, as specified in Appendix B. Salary increases provided by this Section shall be given to all employees except those whose June 30, 2005 salary is greater than the maximum rate for their class as set forth in Appendix B. An employee whose salary is above the range shall have no change to his/her rate of pay.
Sample 1
First Fiscal Year Wage Adjustment. Effective July 1, 2013,July 1, 2015 all salary ranges and rates 23 for classes covered in this Agreement with the exception of the maximum rates for classes assigned to 24 compensation codes 9J, 11K, and 14K shall be increased by threetwo and one-half percent (3.02.5%), rounded
Sample 1
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First Fiscal Year Wage Adjustment. There is no first year fiscal wage adjustment. The salary ranges for employees covered by this Agreement are shown in Appendix B.
Sample 1

Related to First Fiscal Year Wage Adjustment

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

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