Market Equity Adjustment Sample Clauses

Market Equity Adjustment. Effective the first full pay period following July 1, 2023, the following classifications represented by the Union shall receive equity increase adjustments in addition and concurrent with the above COLA for 2023: • Management Analyst twelve and nine-tenths percent (12.9%) • PW Maintenance Supervisor fourteen and three-tenths percent (14.3%)
Sample 1
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Market Equity Adjustment. Effective the first full pay period after July 1, 2024, all classifications covered by this MOU will be adjusted by amounts listed in “Appendix A”, reflecting the City commitment that bargaining unit employees are minimally compensated (total comp includes Bachelor’s degree pay, max longevity, uniform, medical/dental/ vision, and deferred comp./MERP) at one hundred five percent (105%) of the market mean based upon the most recently-conducted classification and compensation analysis benchmarked at January 1, 2024.
Sample 1
Market Equity Adjustment. Bargaining unit members hired as of July 1, 1996, shall receive a market equity adjustment pursuant to a Letter of Understanding.
Sample 1
Market Equity Adjustment. Effective first full pay period following July 1, 2021, or if a Total Tentative Agreement is reached on or after September 1, 2021, the first full pay period following ratification by the Union and approval by the City, classifications represented by the Union shall receive a three percent (3%) market equity increase adjustment. Effective the first full pay period following July 1, 2022, classifications represented by the Union shall receive a three percent (3.0%) market equity increase adjustment.
Sample 1
Market Equity Adjustment. Effective the first full pay period after July 1, 2024, the City shall ensure that all bargaining unit employees are minimally compensated (total comp includes Bachelor’s degree pay, certification pay, max longevity, bilingual pay, medical/dental/vision, and deferred comp.) at one hundred five percent (105%) of the market mean based upon the most recently-conducted classification and compensation analysis benchmarked at January 1, 2024 (Appendix C).
Sample 1
Market Equity Adjustment. On occasion, HPSJ may determine that an employee’s salary is not consistent with internal or external equity. In these cases, a salary adjustment may be considered. However, these adjustments are infrequent and, if done, are separate from the merit increase process.
Sample 1

Related to Market Equity Adjustment

  • Non pre-priced Adjustment Factor To be applied to Work deemed not to be included in the CTC but within the general scope of the work:

  • ECONOMIC ADJUSTMENT Beginning twelve (12) months after the effective date of this Statewide Contract and for every annual anniversary thereafter, the prices set forth in Exhibit B – Prices for Services shall be adjusted, based upon the percent changes (whether up or down) in the United States Department of Labor, Bureau of Labor and Statistics (BLS) indices described below, for the most recent year. Economic adjustment will lag one (1) calendar quarter past the Contract commencement date to allow for publication of BLS data. All calculations for the index shall be based upon the latest version of data published as of one year of the effective date each year. Prices shall be adjusted on February 1st. If an index is recoded (i.e., the recoded index is a direct substitute for the prior index according to the BLS), this Statewide Contract will use the recoded index, as applicable. If an index becomes unavailable, Enterprise Services shall substitute a proxy index. If there is not a direct substitute, the next higher aggregate index available will be used. The economic adjustment shall be calculated as follows: New Price = Old Price x (Current Period Pricing/Base Period Index)

  • 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.

  • ECONOMIC PRICE ADJUSTMENT is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

  • Contingent Price Adjustment It is the policy of the State of Oregon that unprocessed timber shall not be exported from lands owned or managed by the STATE or any of its political subdivisions or agencies, in accordance with the terms of current federal law and the Constitution and the laws of the State of Oregon. PURCHASER specifically agrees that Section 1 is a material term of this contract and is part of the consideration offered to STATE in return for STATE's performance. In the event that any federal law or state constitutional provision or law or any provision of this contract concerning export of unprocessed timber is declared invalid by any court or administrative tribunal, PURCHASER agrees to pay to STATE a contingent price in the amount of the difference between the purchase price set forth in this section and the price obtained by PURCHASER for the exported unprocessed timber. The default provisions of OAR 629-032-0000 through 629-032-0070 shall not apply to exported unprocessed timber. In the event that timber made available under this contract is exported in violation of this contract, PURCHASER shall be in material breach of the contract. STATE shall be entitled to cease performance of the contract and recover, in addition to the adjusted price set out above, a further sum estimated to compensate for administrative expense and the economic impact of the violation upon the State and its citizens. In no case shall this additional amount be less than $10,000 per incident.

  • CPI Adjustment In this Agreement, “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

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