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Common use of Implementation Terms Clause in Contracts

Implementation Terms. 1. Educators will be placed on the Salary Schedule and begin receiving the incentives in this Agreement beginning August 1, 2019. 2. Educators will still receive all current ProComp incentives for the remainder of the 2018- 19 school year. For example, educators can submit evidence of completion of an advanced degree or advanced license or Professional Development Unit for the remainder of the 2018-19 school year and we will follow current procedures. 3. In order to decrease overhead expenses and simplify the implementation of the Agreement, the District will no longer use the invoicing process. An oversight committee will be charged with periodic review to assure that ProComp funding continues to supplement, rather than supplant, general fund investment in teacher compensation. 4. This District assumes the risk of the cost of the financial model for the 2019-20 school year. The way that this will be accomplished is that we will determine the total base cost of the model at the time of signing this Agreement. Based on the full-time equivalent number (FTE count), we will have a published average base pay per FTE. Then by June 30, 2020, we will calculate a true-up to assure that we paid the published average base pay per FTE. If on June 30, 2020 the average base salary per FTE is more than $50 below the average base salary, the District will make the following adjustments: i. By September 30, the District will provide each FTE a cash payment equal to the committed base salary per FTE minus the actual base salary paid per FTE for 19- 20. ii. For the 2020-21 school year salary setting, each cell in the Salary Schedule will be adjusted up by the amount of the cash payment provided per FTE and then any agreed upon increase will be applied to the adjusted 2020-21 Salary Schedule.

Appears in 4 contracts

Samples: Professional Compensation Agreement, Professional Compensation Agreement, Professional Compensation Agreement

Implementation Terms. 1. Educators will be placed on the Salary Schedule and begin receiving the incentives in this Agreement beginning August 1, 2019. 2. Educators will still receive all current ProComp incentives for the remainder of the 2018- 19 school year. For example, educators can submit evidence of completion of an advanced degree or advanced license or Professional Development Unit for the remainder of the 2018-19 school year and we will follow current procedures. 3. In order to decrease overhead expenses and simplify the implementation of the Agreement, the District will no longer use the invoicing process. An oversight committee will be charged with periodic review to assure that ProComp funding continues to supplement, rather than supplant, general fund investment in teacher compensation. 4. This District assumes the risk of the cost of the financial model for the 2019-20 school year. The way that this will be accomplished is that we will determine the total base cost of the model at the time of signing this Agreement. Based on the full-time equivalent number (FTE count), we will have a published average base pay per FTE. Then by June 30, 2020, we will calculate a true-up to assure that we paid the published average base pay per FTE. If on June 30, 2020 the average base salary per FTE is more than $50 below the average base salary, the District will make the following adjustments: i. By September 30, the District will provide each FTE a cash payment equal to the committed base salary per FTE minus the actual base salary paid per FTE for 19- 20. ii. For the 2020-21 school year salary setting, each cell in the Salary Schedule will be adjusted up by the amount of the cash payment provided per FTE and then any agreed upon increase will be applied to the adjusted 2020-21 Salary Schedule.21

Appears in 2 contracts

Samples: Professional Compensation Agreement, Professional Compensation Agreement