Common use of Longevity Component Clause in Contracts

Longevity Component. 1. An employee must perform a duty in the exact same assignment on a consecutive basis, from year to year, to be eligible for the longevity salary. A change in assignment will result in an employee returning to the Extra Curricular Base Salary. 2. Longevity amount = Extracurricular Base Salary times (x) the longevity step percent factor. 3. Longevity Step Percent Factor a. Year 1 0% b. Year 2 0% c. Year 3 2.5% d. Year 4 5% e. Year 5 7.5% f. Year 6 10% Year g. Year 7 12.5% h. Year 8 15% i. Year 9 17.5% j. Year 10 & up 20% 4. Base Year Implementation - Service on the Extra Curricular Salary Longevity Component will begin with the 1997/98 contract year.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement

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Longevity Component. 1. An employee must perform a duty in the exact same assignment on a consecutive basis, from year to year, to be eligible for the longevity salary. A change in assignment will result in an employee returning to the Extra Curricular Base Salary. 2. Longevity amount = Extracurricular Base Salary times (x) the longevity step percent factor. 3. Longevity Step Percent Factor a. Year 1 0% b. Year 2 0% c. Year 3 2.5% d. Year 4 5% e. Year 5 7.5% % f. Year 6 10% Year Year g. Year 7 12.5% % h. Year 8 15% i. Year 9 17.5% j. Year 10 & up 20% 4. Base Year Implementation - Service on the Extra Curricular Salary Longevity Component will begin with the 1997/98 contract year.

Appears in 1 contract

Samples: Employment Agreement

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Longevity Component. 1. An employee must perform a duty in the exact same assignment on a consecutive basis, from year to year, to be eligible for the longevity salary. A change in assignment will result in an employee returning to the Extra Curricular Base Salary. 2. Longevity amount = Extracurricular Base Salary times (x) the longevity step percent factor. 3. Longevity Step Percent Factor a. Year 1 0% b. Year 2 0% c. Year 3 2.5% d. Year 4 5% % e. Year 5 7.5% % f. Year 6 10% Year Year g. Year 7 12.5% % h. Year 8 15% i. Year 9 17.5% j. Year 10 & up 20% 4. Base Year Implementation - Service on the Extra Curricular Salary Longevity Component will begin with the 1997/98 contract year.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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