Market Increases Sample Clauses

Market Increases. The University and United Academics are committed to the recruitment and retention of high quality faculty members. Market increases will be effective the first full pay period after July 1, 2016. There shall be no market increases for FY15 or FY16. In FY17, the market increase pool will be calculated on the total base payroll of unit members as of March 1, 2016 and will be applied to base nine month salaries effective the first full pay period after July 1 of 2016. Distribution of the market increase pool for FY17 to eligible unit members shall be calculated after across the board adjustments have been applied for each of those fiscal years. In FY17, the University shall distribute up to three-tenths percent (0.3%) of the base nine month United Academics salary pool to eligible unit members whose salaries are under their calculated market targets. No unit member shall receive more than $10,000 total market increase over the term of this collective bargaining agreement. A joint Union and University Labor Management Committee for Market Salary Increase will be formed to analyze salaries and determine the distribution of the calculated pool. The Union and the University may each select up to three participants to serve on this committee. The committee shall determine relevant employment factors and procedures for distributing the calculated pool using comparator market data appropriate to each MAU. Individual market adjustments will be made according to each eligible unit member’s equiproportional share of the pool based on the amount of the individual unit member’s negative residual in FY16, as calculated after across the board adjustments have been applied for each of those fiscal years. No distributions will be made in excess of a unit member’s full residual; nor will distributions be made if the amount of the residual is less than one percent (1.0%) of their nine-month base salary. The parties will meet and confer as needed regarding the salary analysis and will agree on the distribution of the pool in each year. There shall be no further increases under this provision during the term of the agreement after December 31, 2016.
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Market Increases. The University and United Academics are committed to the recruitment and retention of high quality faculty members. Any market increases to eligible UNAC members will be effective the first full pay period after July 1, 2018. There shall be no market increases for FY18. The University may distribute market increase in FY19 and FY20. If funds are made available, a joint Union and University Labor Management Committee for Market Salary Increase will be formed to analyze salaries and determine the distribution of the calculated pool. The Union and the University may each select up to three participants to serve on this committee. The committee shall determine relevant employment factors and procedures for distributing the calculated pool using comparator market data appropriate to each MAU. The joint Union and University Labor Management Committee for Market Salary Increase will document the procedure used to determine and distribute market salary increases in a joint Letter of Understanding. Individual market adjustments will be made according to each eligible UNAC member’s equiproportional share of the pool based on the amount of the individual UNAC member’s negative residual in FY19 and FY20. No distributions will be made in excess of a UNAC member’s full residual; nor will distributions be made if the amount of the residual is less than one percent (1.0%) of their nine-month base salary. The parties will meet and confer as needed regarding the salary analysis and will agree on the distribution of the pool in each year. There shall be no further increases under this provision during the term of the agreement after December 31, 2019.
Market Increases. The University and United Academics are committed to the recruitment and retention of high quality faculty members. Any market increases to eligible bargaining unitUNAC members will be effective the first full pay period after July 1, 2018the beginning of the specified fiscal year. There shall be no market increases for FY18. The University may distribute market increases in FY23,19 and FY20 FY24, and FY25, if funds are made available and funded by the State. If funds are made available and are appropriated and funded by the State, a joint Union and University Labor Management Committee for Market Salary Increase will be formed to analyze salaries and recommenddetermine the distribution methodology of the calculated pool. The Union and the University may each select up to three participants to serve on this committee. The committee shall determine relevant employment factors and procedures for distributing the calculated pool using comparator market data appropriate to each MAU, program, and position. The joint Union and University Labor Management Committee for Market Salary Increase will document the procedure used to determine and distribute market salary increases in a joint Letter of Understanding for consideration and approval by the University of Alaska President. Individual market adjustments will be made according to each eligible UNAC equiproportional share of the pool based on the amount of the individual UNAC residual is less than one percent (1.0%) of their nine-month base salary. The parties will meet and confer as needed regarding the salary analysis and will agree on the distribution of the pool in each year. There shall be no further increases under this provision during the term of the agreement after December 31, 202419.
Market Increases. The University and United Academics are committed to the recruitment and retention of high quality faculty members. Any market increases to eligible bargaining unit members will be effective the first full pay period after the beginning of the specified fiscal year. The University may distribute market increases in FY23, FY24, and FY25, if funds are made available and funded by the State. If funds are made available and are appropriated and funded by the State, a joint Union and University Labor Management Committee for Market Salary Increase will be formed to analyze salaries and recommend the distribution methodology of the calculated pool. The Union and the University may each select up to three (3) participants to serve on this committee. The committee shall determine relevant employment factors and procedures for distributing the calculated pool using comparator market data appropriate to each MAU, program, and position. The joint Union and University Labor Management Committee for Market Salary Increase will document the procedure used to determine and distribute market salary increases in a joint Letter of Understanding for consideration and approval by the University of Alaska President. There shall be no increases under this provision after December 31, 2024.
Market Increases. The University and United Academics are committed to the recruitment and retention of high quality faculty members. Market increases to eligible UNAC members will be effective the first full pay period after July 1, 20162018. There shall be no market increases for FY15 or FY16FY18. The University may distribute market increase in FY19 and FY20. In FY17, the market increase pool will be calculated on the total base payroll of unit members as of March 1, 2016 and will be applied to base nine month salaries effective the first full pay period after July 1 of 2016. Distribution of the market increase pool for FY17 to eligible unit members shall be calculated after across the board adjustments have been applied for each of those fiscal years. In FY17, the University shall distribute up to three-tenths percent (0.3%) of the base nine month United Academics salary pool to eligible unit members whose salaries are under their calculated market targets. No unit member shall receive more than $10,000 total market increase over the term of this collective bargaining agreement. If funds are made available, aA joint Union and University Labor Management Committee for Market Salary Increase will be formed to analyze salaries and determine the distribution of the calculated pool. The Union and the University may each select up to three participants to serve on this committee. The committee shall determine relevant employment factors and procedures for distributing the calculated pool using comparator market data appropriate to each MAU. The joint Union and University Labor Management Committee for Market Salary Increase will document the procedure used to determine and distribute market salary increases in a joint Letter of Understanding. Individual market adjustments will be made according to each eligible unitUNAC member’s equiproportional share of the pool based on the amount of the individual unitUNAC member’s negative residual in FY16FY19 and FY20., as calculated after across the board adjustments have been applied for each of those fiscal years. No distributions will be made in excess of a unitUNAC member’s full residual; nor will distributions be made if the amount of the residual is less than one percent (1.0%) of their nine-month base salary. The parties will meet and confer as needed regarding the salary analysis and will agree on the distribution of the pool in each year. There shall be no further increases under this provision during the term of the agreement ...
Market Increases. Members of the bargaining unit shall receive market adjustments in the amounts as follows effective the first full pay period following the adoption of the MOU by Council: Admin Assistant I, II, Senior 3% City Clerk Records Technician 3% Deputy City Clerk 3% Executive Assistant to City Manager 3% Human Resources Technician 3% Market adjustments will be added to across-the-board increases to arrive at the year one salary increase. For example, the Executive Assistant to the City Manager will receive a 9.0% salary increase effective the first full pay period after Council approval of this MOU.
Market Increases. Any market adj ustme,nt increase will be provided to all employees the first full pay period of July as described in Article 3.1 above.
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Market Increases. The University and United Academics are committed to the recruitment and retention of high quality faculty members. Market increases will be effective the first full pay period after July 1, 20122016. No unit member shall receive more than $10,000 total market increase over the term of this collective bargaining agreement. There shall be no market increases for FY12FY15 or FY16. In FY13 FY16 and FY14FY17, the market increase pool will be calculated on the total base payroll of unit members as of March 1, 2012 2015 and 2013 2016 and will be applied to base nine (9) month salaries effective the first full pay period after July 1 of 2012 2015 and 2016.
Market Increases. The University and United Academics are committed to the recruitment and retention of high quality faculty members. To this end, based on a market salary analysis conducted by the University and United Academics, the University shall distribute two percent (2%) in each year of the contract to unit members whose salaries are under external market targets or need to be adjusted due to internal misalignments. These percentage amounts will be calculated on the total base payroll of unit members as of March 1, 2004, 2005 and 2006, and will be applied to base nine (9) month salaries effective the first full pay period after July 1 of 2004, 2005 and 2006. A joint Union and University committee shall be formed to analyze salaries and determine the distribution of the calculated pool. The Union and the University may each select up to three (3) participants to serve on this committee. The salary analysis will include the factors of rank, time in rank and discipline. The salary analysis shall be conducted using data from the “Oklahoma State Faculty Survey.” Individual market adjustments will be made according to each eligible unit member’s equiproportional share of the pool amount of the individual unit member’s negative residual in each year of the contract. No distributions will be made in excess of a unit member’s full residual; nor will distributions be made if the amount of the residual is less than one hundred dollars ($100). The parties will meet and confer as needed regarding the salary analysis and will agree on the distribution of the pool in each year. There shall be no further increases under this provision during the term of the agreement after December 31, 2006.
Market Increases. Members of the bargaining unit shall receive market adjustments in the amounts as follows effective the first full pay period following the adoption of the MOU by Council: Building Official - Assistant 3.0% Business Manager 3.0% Childcare Assistant Supervisor 3.0% City Building Official 3.0% City Clerk - Assistant 3.0% City Planner 1.7% Deputy Economic Community Development Director 3.0% Emergency Services Manager 3.0% Financial Analyst I 3.0% Financial Analyst II 3.0% Financial Analyst - Senior 3.0% Human Resources Analyst I 2.0% Human Resources Analyst II 2.0% Human Resources Analyst - Senior 2.0% Human Resources Manager 3.0% Laboratory Supervisor 3.0% Library Director - Assistant 3.0% Library Program Manager 3.0% Literacy Program Manager 3.0% Management Analyst I 3.0% Management Analyst II 3.0% Xxxxx and Recreation Deputy Director 3.0% Payroll Administrator 2.0% Planner - Associate 1.7% Planner - Principal 1.7% Planner - Senior 1.7% Plant Superintendent 3.0% Plant Superintendent - Assistant 3.0% Page 4 Police Communications Records Manager 3.0% Program Manager 3.0% Public Works Deputy Director 3.0% Recreation Community Services Coordinator 3.0% Recreation Community Services Supervisor 3.0% Market adjustments will be added to across-the-board increases to arrive at the year one salary increase. For example, the Program Manager will receive a 9.0% salary increase effective the first full pay period after Council approval of this MOU.
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