Local salary review Sample Clauses

Local salary review. The parties agree on the following procedure for salary review as at 1 May 2023 and 1 May 2024, respectively.
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Local salary review. Each individual member’s salary is established in an individual salary talk with the manager responsible for salary setting in accordance with 1.6. If particular grounds exist, the association for graduate professionals may negotiate on behalf of individual members or a certain group/certain groups. The results of the individual salary talks are documented and forwarded in writing to the association for graduate professionals, no later than 1 September 2023 and 15 April 2024. The association for graduate professionals may no later than two weeks after forwarding the result request local negotiations. The salary review is concluded once the salary talk has been completed or when the local, or central, negotiations have been concluded. The manager responsible for salary setting communicates the new salary in cases where local negotiations have taken place.

Related to Local salary review

  • Salary Reduction A reduction in pay from one step to another, which is not below the minimum rate established for the position by the salary plan. A copy of the notice of reduction shall be sent promptly to the City Manager Department for inclusion in the employee's official personnel file.

  • Salary Scales 1. In the settlement of the Kindergarten Teachers, Head Teachers and Senior Teachers' Collective Agreement 2000-2002 the parties committed themselves to the implementation of pay parity for kindergarten teachers. Senior teacher K3 and K4 salaries were benchmarked to the base salary (excluding the roll-based supplementary component) of a primary U2 and U3 principal respectively.

  • Salary and bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

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