Common use of Increment Clause in Contracts

Increment. The value of the increment shall be 2.8 per cent of regular salary. When an eligible Academic Staff Member's salary is above the “merit ceiling”, the value of the increment shall be 2.0 per cent of regular salary.

Increment. The value of the increment shall be 2.8 per cent of regular salary. When an eligible Academic Staff Member's salary is above the “merit ceiling”―merit ceiling‖, the value of the increment shall be 2.0 per cent of regular salary.