Merit-Based Salary Increases Sample Clauses

Merit-Based Salary Increases. 1. Effective August 16, 2019, bargaining unit members shall participate in a 2% merit-based salary program or the FY 2020 campus-wide general salary program as may be announced by the Chancellor and Xxxxxxx in the campus “FY 2020 Budget Guidelines” (in the event a general salary program is implemented), whichever is greater. The employees who receive a merit-based increase shall receive a minimum increase of one percent (1%). In the event an employee does not receive a merit-based increase, upon request, the unit will provide the rationale to the individual.
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Merit-Based Salary Increases a. Effective August 16, 2012, the University will implement a salary increase program of 2,0% on the basis of merit and units are authorized to provide market/equity adjustments up to an additional 0.5% for bargaining unit members equivalent to and as provided in the F Y 2013 campus-wide general salary program as announced in the campus "F Y 2013 Budget and Salary Guidelines"; provided, however, each bargaining unit member will receive no less than a 1% adjustment. As set forth above and subject to the other terms of this Article, the sum of the total available amount under this paragraph (a) is 2.5%.
Merit-Based Salary Increases a. Effective August 16, 2015, the University will implement a salary increase program on the basis of merit equivalent to the FY 2016 campus-wide general salary program as may be announced by the Chancellor and Xxxxxxx in the campus “FY 2016 Budget and Salary Guidelines” (in the event a general salary program is implemented). Effective August 16, 2015, for the 2015-16 year, each applicable college will be allocated 1% of the non-tenure system faculty salary base for pay adjustments which must be awarded to individual faculty to address compression/equity/market/retention (“CEMR”) issues. Allocation of CEMR adjustments will be determined in the sole discretion of the xxxx following consultation with department heads.

Related to Merit-Based Salary Increases

  • Salary Increases (a) The Employer agrees to pay the negotiated salary increases to every employee not later than the second month following the month in which this Agreement is signed and not later than the month following the month in which any subsequent salary increases become effective.

  • 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 Increments The Employer may grant an increment for meritorious service after an Employee has served for a period of twelve (12) months following the day established in Article 25.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 25.04, 25.05, or 25.06.

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Basic Salary Schedule The salaries of the members of the bargaining unit are set forth in Appendix A, which is attached to and made a part of this Agreement.

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