Lump-Sum Increase Sample Clauses

Lump-Sum Increase. After the scale adjustment, the Base Salaries of all Probationary, Tenured and Limited-Term Members will be increased by $1,050.
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Lump-Sum Increase a) Each employee who does not receive a Step Increase, who was employed in the bargaining unit on July 1, 2018 and who remains employed in the bargaining unit on the date of ratification of this renewal agreement, will receive a one-time lump sum payment of $750, less applicable deductions.
Lump-Sum Increase. 3. After the scale adjustment on each July 1 of this Agreement, the Base Salaries of all Members with Probationary or Continuing Appointment will be increased by $1,000.
Lump-Sum Increase. 3. Upon ratification of this Agreement, all Members with Probationary or Continuing Appointment will receive a one-time lump sum payment (not applied to base) of $500.

Related to Lump-Sum Increase

  • Step Increases No increase in salary shall be automatic merely upon completion of a specified period of service. All increases shall be based on merit as established by the record of the employee's performance and shall require recommendation of the Department Head. If the City Manager at any time determines that it is in the City's interest, he may assign an employee to a higher rate within the salary range fixed for the classification. The City Manager shall regulate the accelerated advancement through the salary range steps. Subject to the provisions of this Section 12.3, an employee shall receive increases in salary according to the following plan:

  • Salary Increase 46.01 Effective July 1, 2020 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2021 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2022 an increase equal to 1% will be added to the job rates and to the salaries of all employees.

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • ANNUAL INCREMENT (1) Staff shall be entitled to an annual increment which shall be negotiated with the Union annually.

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