Longevity Adjustment Sample Clauses

Longevity Adjustment. Beginning on the first day of the pay period within which an employee completes five (5) years of total state service, each employee will receive an automatic salary adjustment equivalent to one-half percent (.5%) times the number of years service times the first step of the pay rate of the employee's classification for a total of twenty
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Longevity Adjustment. Any faculty member who is unable to move a step down the salary schedule because he/she was at the bottom step the previous year shall receive a longevity adjustment. The adjustment shall be 2.00% of the salary shown in the cell of the schedule where that faculty member is located, as shown at the bottom of the salary schedule. This adjustment shall be paid as part of the regular payroll. SALARY SCHEDULE Fiscal Year 2018-2019 A B C D E F G STEPS Bachelor Masters Masters +15 Masters +30 Masters +45 Masters +60 Doctorate 1. 40,793 42,543 44,365 46,118 48,102 50,153 52,286 2. 42,120 43,911 45,775 47,545 49,595 51,713 53,891 3. 43,485 45,327 47,234 49,019 51,137 53,325 55,549 4. 44,916 46,792 48,742 50,542 52,729 54,989 57,261 5. 46,387 48,307 50,302 52,115 54,375 56,709 59,029 6. 47,910 49,874 51,914 53,740 56,074 58,486 60,854 7. 49,486 51,496 53,581 55,419 57,830 60,321 62,738 8. 51,117 53,173 55,305 57,153 59,643 62,217 64,684 9. 52,806 54,908 57,088 58,944 61,516 64,175 66,693 10. 54,390 56,704 58,931 60,794 63,452 66,198 68,767 11. 55,886 58,405 60,837 62,705 65,451 68,287 70,908 12. 57,339 60,011 62,662 64,680 67,516 70,446 73,119 13. 58,772 61,572 64,385 66,620 69,649 72,676 75,402 14. 60,331 63,111 66,059 68,452 71,738 74,979 77,759 15. 64,892 67,711 70,232 73,711 77,359 80,193 16. 71,988 75,628 79,817 82,706 17. 73,797 77,518 82,356 85,300 18. 84,827 87,859 19. 87,159 90,275 20. 89,426 92,622 21. 91,661 94,938 22. 93,976 97,331 SALARY SCHEDULE Fiscal Year 2019-2020 A B C D E F G STEPS Bachelor Masters Masters +15 Masters +30 Masters +45 Masters +60 Doctorate 1. 42,120 43,911 45,775 47,545 49,595 51,713 53,891 2. 43,485 45,327 47,234 49,019 51,137 53,325 55,549 3. 44,916 46,792 48,742 50,542 52,729 54,989 57,261 4. 46,387 48,307 50,302 52,115 54,375 56,709 59,029 5. 47,910 49,874 51,914 53,740 56,074 58,486 60,854 6. 49,486 51,496 53,581 55,419 57,830 60,321 62,738 7. 51,117 53,173 55,305 57,153 59,643 62,217 64,684 8. 52,806 54,908 57,088 58,944 61,516 64,175 66,693 9. 54,390 56,704 58,931 60,794 63,452 66,198 68,767 10. 55,886 58,405 60,837 62,705 65,451 68,287 70,908 11. 57,339 60,011 62,662 64,680 67,516 70,446 73,119 12. 58,772 61,572 64,385 66,620 69,649 72,676 75,402 13. 60,331 63,111 66,059 68,452 71,738 74,979 77,759 14. 64,892 67,711 70,232 73,711 77,359 80,193 15. 71,988 75,628 79,817 82,706 16. 73,797 77,518 82,356 85,300 17. 84,827 87,859 18. 87,159 90,275 19. 89,426 92,622 20. 91,661 94,938 21. 93,976 97,331 SALARY SCHEDULE Fiscal Year 2...
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Longevity Adjustment. ‌ All current employees covered by this agreement who meet the below length of service will receive a one-time service adjustment calculated using the years of service completed as a District 47 employee as of July 1, 2021. This one-time adjustment is for the 2021-2022 school year only. The employee who received the one-time longevity application will then receive a raise each year as set forth in Section 2 above. Upon Completion (Year) Rate Adjustment (Per Hour) 3rd - 6th year $0.40 per hour 7th - 10th year $0.55 per hour 11th - 14th year $0.65 per hour 15th - 19th year $1.00 per hour 20+ years $1.10 per hour
Sample 1
Longevity Adjustment. July 1, 2007
Sample 1
Longevity Adjustment. Effective June 1, 2005 upon the completion of ten years of full-time service to the College, faculty will receive a $1,000 adjustment to base salary (pending satisfactory performance). Faculty eligible in the first year of this contract will be paid $500 in each of the first two years of this contract.
Sample 1
Longevity Adjustment. 3.1 The District agrees to include a separate 'xxx p sum" in the 2010-2011 year of the Agreem ent for the purpose of providing a longevity adjustment for returning coaches and advisors. The amount of the "lump sum" will be four thousand dollars ($4,000) for the 2010-2011 school year. The formula guiding the distribution of the "xxx p su m " follows in 3.2 below.
Sample 1

Related to Longevity Adjustment

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

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