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 2.50% 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 2014-2015 STEPS A B C D E F G Bachelor Masters Masters +15 Masters +30 Masters +45 Masters +60 Doctorate 1 37,075 38,705 40,405 42,105 43,905 45,765 47,765 2 38,272 39,941 41,681 43,400 45,259 47,180 49,224 3 39,511 41,220 43,000 44,737 46,658 48,642 50,730 4 40,793 42,543 44,365 46,118 48,102 50,153 52,286 5 42,120 43,911 45,775 47,545 49,595 51,713 53,891 6 43,485 45,327 47,234 49,019 51,137 53,325 55,549 7 44,916 46,792 48,742 50,542 52,729 54,989 57,261 8 46,387 48,307 50,302 52,115 54,375 56,709 59,029 9 47,910 49,874 51,914 53,740 56,074 58,486 60,854 10 49,486 51,496 53,581 55,419 57,830 60,321 62,738 11 51,117 53,173 55,305 57,153 59,643 62,217 64,684 12 52,806 54,908 57,088 58,944 61,516 64,175 66,693 13 54,126 56,704 58,931 60,794 63,452 66,198 68,767 14 55,561 58,122 60,837 62,705 65,451 68,287 70,908 15 56,996 59,762 62,358 64,680 67,516 70,446 73,119 16 58,431 61,197 63,947 66,297 69,649 72,676 75,402 17 59,866 62,734 65,535 67,963 71,390 74,979 77,759 18 64,272 67,124 69,628 73,184 77,359 80,193 19 71,294 74,978 79,817 82,706 20 72,960 76,771 82,356 85,300 21 84,415 87,433 22 86,547 89,636 23 88,679 91,840 24 90,811 94,044 25 92,943 96,248 SALARY SCHEDULE Fiscal Year 2015-2016 STEPS A B C D E F G Bachelor Masters Masters +15 Masters +30 Masters +45 Masters +60 Doctorate 1 38,272 39,941 41,681 43,400 45,259 47,180 49,224 2 39,511 41,220 43,000 44,737 46,658 48,642 50,730 3 40,793 42,543 44,365 46,118 48,102 50,153 52,286 4 42,120 43,911 45,775 47,545 49,595 51,713 53,891 5 43,485 45,327 47,234 49,019 51,137 53,325 55,549 6 44,916 46,792 48,742 50,542 52,729 54,989 57,261 7 46,387 48,307 50,302 52,115 54,375 56,709 59,029 8 47,910 49,874 51,914 53,740 56,074 58,486 60,854 9 49,486 51,496 53,581 55,419 57,830 60,321 62,738 10 51,117 53,173 55,305 57,153 59,643 62,217 64,684 11 52,806 54,908 57,088 58,944 61,516 64,175 66,693 12 54,179 56,704 58,931 60,794 63,452 66,198 68,767 13 55,533 58,178 60,837 62,705 65,451 68,287 70,908 14 57,006 59,633 62,419 64,680 67,516 70,446 73,119 15 58,478 61,315 63,979 66,362 69,649 72,676 75,402 16 5...
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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
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. July 1, 2007
Sample 1
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

Related to Longevity Adjustment

  • EQUITY ADJUSTMENTS The parties subscribe to the principle of equal pay for work of equal value. The parties will continue to move towards the mutual goal of the Community Social Services Sector achieving the objectives set out in Sections A(1), (2) and (3) above, as follows:

  • 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.

  • Workforce Adjustment (a) The Parties recognize that workforce adjustment may be necessary due to the elimination of positions resulting from a reduction in the amount of work required to be done by the Commission, reorganization or program termination.

  • 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.

  • CPI Adjustment In this Contract*, “CPI-Adjusted*” in reference to an amount means that amount is adjusted under the following formula: N = C × (1+ CPIn − CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • 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.

  • Supervisory Differential Adjustment 99. The Appointing Officer may adjust the compensation of a supervisory employee whose schedule of compensation is set herein subject to the following conditions:

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