INDEXED PAY SCHEDULE. A. Each salary on the attached Indexed Pay Schedule (Appendix D) shall reflect a percentage rate of the base pay (BA, 0 Step) for the school year in effect. These percentages shall become the Indexed Pay Schedule. B. An employee shall advance one step on the Indexed scale with each year of experience except in years when the board, due to a financial crisis, is required to make application to the State Loan Fund. C. The Indexed pay shall be computed by multiplying the index percentage corresponding to the employee’s position experience by the base salary. D. The Superintendent or his or her designee may place a person at an appropriate step on the pay schedule instead of Step 0 if the person employed has had significant experience in the activity such as coaching without pay, college experience in that sport, director, or summer theater, etc.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
