Merit Plan specifics Sample Clauses

Merit Plan specifics. All eligible bargaining unit employees will receive an across-the-board salary adjustment. Thereafter, any merit pay award will be added to an eligible employee’s base salary. The amount of the adjustment will be based on sustained meritorious performance as reflected in the performance evaluation. The total amount of salary increases for employees with an “Outstanding” or “Exceeds Expectations” ratings cannot exceed an amount equal to 1.0% of the salary pool. Each rating category will have a flat dollar award amount. Employees with an “Outstanding” rating will receive $1,000 added to their base salary and employees with an “Exceeds Expectations” rating will receive $750 added to their base salary. These flat dollar adjustments will be prorated based on each employee’s fte.
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