Common use of Market Differential Bonus Clause in Contracts

Market Differential Bonus. Incumbents who are currently receiving Market Differential Bonuses shall continue to receive such bonuses, provided they continue in the position to which said bonus applies. The bonus shall be adjusted by the same percentage as any general wage increase which may be negotiated from time to time. Establishment of any new Market Differential Bonus or the application of same to any new employee, shall be at the sole discretion of the University.

Appears in 12 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!