Common use of Increment Date Clause in Contracts

Increment Date. The increment date for all members is 1 May. Where the date of appointment is not 1 May, the increment adjustment is as follows: (a) Appointments effective between 1 May and 31 July inclusive will entitle the member to a full increment. (b) Appointments effective between 1 August and 30 April inclusive will entitle a member to an increment pro-rated on the basis of the number of days by which the effective date precedes 1 May.

Increment Date. The increment date for all members is 1 May. Where the date of appointment is not 1 May, the increment adjustment is as follows: (a) Appointments effective between 1 May and 31 July inclusive will entitle the member to a full increment. (b) Appointments effective between 1 August and 30 April inclusive will entitle a member to an increment pro-rated on the basis of the number of days by which the effective date precedes 1 May. Once an employee has reached the target point of his/her salary range, subsequent increases will be based on market and merit adjustments.

Increment Date. The increment date for all members is 1 May. Where the date of appointment is not 1 May, the increment adjustment is as follows: (a) Appointments effective between 1 May and 31 July inclusive will entitle the member to a full increment. (b) Appointments effective between 1 August and 30 April inclusive will entitle a member to an increment pro-rated on the basis of the number of days by which the effective date precedes 1 May. Once an employee has reached the target point of their salary range, subsequent increases will be based on market and merit adjustments.