Common use of Market Clause in Contracts

Market. based compensation provision: Employees who had prior comparable accredited experience when initially employed and whose original placement on the salary schedule did not align with the prior years of comparable accredited experience allowance (see above) may submit written application to Human Resources to be advanced on the salary schedule the number of years not credited at original employment under the following conditions: • The employee has a verifiable employment offer from another district/employer. • The employee is employed in one of the categories listed on the Limited Supply Job Categories (revised annually) and available on the Human Resources website. • The total number of steps credited on the salary schedule for prior experience will only reflect those allowed in “1” (above). • Only one request during the employee’s employment with Xxxxxx may be submitted. • The advancement would be effective the following contract year. • No additional step movement past the maximum step of the following contract year’s salary schedule column. • Applications will be considered by May 15 of the first year of employment. The district reserves the right to consider applications after May 15.

Market. based compensation provision: Employees who had prior comparable accredited experience when initially employed and whose original placement on the salary schedule did not align with the prior years of comparable accredited experience allowance (see above) may submit written application to Human Resources to be advanced on the salary schedule the number of years not credited at original employment under the following conditions: • The employee has a verifiable employment offer from another district/employer. • The employee is employed in one of the categories listed on the Limited Supply Job Categories (revised annually) and available on the Human Resources website. • The total number of steps credited on the salary schedule for prior experience will only reflect those allowed in “1” (above). • Only one request during the employee’s employment with Xxxxxx Olathe may be submitted. • The advancement would be effective the following contract year. • No additional step movement past the maximum step of the following contract year’s salary schedule column. • Applications will be considered by May 15 of the first year of employment15. The district District reserves the right to consider applications after May 15.