Initial Offers, Annual Raises, and Wage Scale Sample Clauses

Initial Offers, Annual Raises, and Wage Scale. Section A. Initial Offer At the time of initial offer, employees in the unit will be placed into one of the four (4) categories described in Section B of this Article by People and Culture in consultation with the hiring supervisor. Section B. Categories 1. Categories are defined as follows: a. Category 1: i. Years of relevant work experience: Assumed starting point for employees with less than five (5) years relevant work experience, unless CPD determines that demonstrated work performance and requirements of the role justify placement at Category 2. ii. Definition: 1. Most work responsibilities are designed/delegated by others. 2. Generally operationalizes processes or strategies decided upon or reviewed and approved by their supervisor or other lead staff. 3. Often will be developing some specialized or role specific skills in key procedures or activities. b. Category 2: i. Years of relevant work experience: Generally six plus (6+) years relevant work experience ii. Definition: 1. Portions of work responsibilities are designed and delegated by others; some are self-designed in line with team and organizational strategy. 2. Generally responds to and plugs into strategic work plans, budgetary decisions, and public-facing communications decided on by others, but also may contribute to the design of them with signoff from their supervisor or other lead staff.
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Initial Offers, Annual Raises, and Wage Scale. Section 1. Initial Offer At the time of initial offer, employees in the unit will be placed into one of the four (4) categories described in Section 2 of this Article by the Director of HR in consultation with the hiring supervisor. All categories have a baseline salary and upper limits which set the allowed salary range at the time of offer. On a case by case basis, CPD and the Union may agree to waive the upper salary limit. The upper limit does not act as a salary cap during the course of employment (e.g. someone can receive raises throughout the course of employment which exceed the upper limit of the salary range). When someone transfers into a higher category, they do not need to start at the lowest salary band. The nature of the job should be considered. Within the initial offer salary range, CPD has discretion to grant increases as follows: A. Standard Increases within a Category for Initial Offer: i. Relevant Work Experience: $1,000 per year of relevant work experience over the base years expected for the category, up to $10,000. ii. Geographic pay differential: A geographic pay differential to account for variations in the cost of living across work locations. Employees who live in cities which fall in the bottom third of metropolitan costs of living will receive no increase. Employees living in the middle third will receive $3,500 and those living in the top third will receive $7,000. a. City listings are based on the Cost of Living Index listed on Xxxxxx.xxx or an alternative agreed upon by CPD and the Guild. b. In the event that an employee moves from the city in which they received their offer to a less expensive one, they are entitled to keep the pay differential provided they have worked at CPD for at least twelve (12) months. c. In the event that CPD requires an employee to move to a more expensive city for work-related purposes, or CPD has a strong interest (expressed officially through HR prior to the move) for the position to be based in the more expensive city such that CPD decides to apply the differential, the employee will receive the pay differential upon moving. Employee-initiated moves are not subject to the geographic differential.

Related to Initial Offers, Annual Raises, and Wage Scale

  • Subsequent Offerings Subject to applicable securities laws, each Major Investor shall have a right of first refusal to purchase its pro rata share of all Equity Securities, as defined below, that the Company may, from time to time, propose to sell and issue after the date of this Agreement, other than the Equity Securities excluded by Section 4.6 hereof. Each Major Investor’s pro rata share is equal to the ratio of (a) the number of shares of the Company’s Common Stock (including all shares of Common Stock issuable or issued upon conversion of the Shares or upon the exercise of outstanding warrants or options) of which such Major Investor is deemed to be a holder immediately prior to the issuance of such Equity Securities to (b) the total number of shares of the Company’s outstanding Common Stock (including all shares of Common Stock issued or issuable upon conversion of the Shares or upon the exercise of any outstanding warrants or options) immediately prior to the issuance of the Equity Securities. The term “Equity Securities” shall mean (i) any Common Stock, Preferred Stock or other security of the Company, (ii) any security convertible into or exercisable or exchangeable for, with or without consideration, any Common Stock, Preferred Stock or other security (including any option to purchase such a convertible security), (iii) any security carrying any warrant or right to subscribe to or purchase any Common Stock, Preferred Stock or other security or (iv) any such warrant or right.

  • Subsidiary Public Offering If, after an initial Public Offering of the common equity securities of one of its Subsidiaries, the Company distributes securities of such Subsidiary to its equityholders, then the rights and obligations of the Company pursuant to this Agreement will apply, mutatis mutandis, to such Subsidiary, and the Company will cause such Subsidiary to comply with such Subsidiary’s obligations under this Agreement as if it were the Company hereunder.

  • PRICING OF After Hours Coefficient What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours?

  • Taking annual leave (a) Any employee may take paid annual leave if sufficient annual leave has been credited to that employee and the employer has authorised the leave being taken.

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an Employee's vacation period, she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and the Employee.

  • Expiration of Offering Period Notwithstanding anything to the contrary contained herein, if NCPS shall not have received a Minimum Offering Notice on or before the Expiration Date, NCPS shall, within three (3) business days after such Expiration Date and without any further instruction or direction from Broker or Issuer, return to each Subscriber, by ACH, the Cash Investment made by such Subscriber.

  • The Closing Date Delivery of certificates for the Securities in definitive form to be purchased by the Underwriters and payment therefor shall be made at the offices of Xxxxxx Xxxxxx & Xxxxxxx llp, 00 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (or such other place as may be agreed to by the Company and the Representatives) at 9:00 a.m. New York City time, on November 7, 2019 or such other time and date as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “Closing Date”).

  • Offering Date The Offering is to be made on or about the time the Underwriting Agreement is entered into by the Issuer, Guarantor, or Seller and the Manager as in the Manager’s judgment is advisable, on the terms and conditions set forth in the Prospectus or the Offering Circular, as the case may be, and the applicable AAU. You will not sell any Securities prior to the time the Manager releases such Securities for sale to purchasers. The date on which such Securities are released for sale is referred to herein as the “Offering Date.”

  • Optional Redemption upon Equity Offerings At any time, or from time to time, prior to June 1, 2010, the Company may, at its option, use an amount not to exceed the net cash proceeds of one or more Equity Offerings to redeem up to 35% of the aggregate principal amount of the Notes (which includes Additional Notes, if any) originally issued under this Indenture at a redemption price of 110.500% of the aggregate principal amount thereof, plus accrued and unpaid interest thereon, to the Redemption Date; provided that: (1) at least 65% of the principal amount of Notes (which includes Additional Notes, if any) originally issued under this Indenture remains outstanding immediately after any such redemption; and (2) the Company makes such redemption not more than 120 days after the consummation of any such Equity Offering.

  • Payment of Deferred Underwriting Commission on Business Combination Upon the consummation of the Company’s initial Business Combination, the Company agrees that it will cause the Trustee to pay the Deferred Underwriting Commission directly from the Trust Account to the Underwriters, in accordance with Section 1.3.

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