Common use of Pay Upon Promotion Clause in Contracts

Pay Upon Promotion. ‌ All employees promoted or reclassified to a job classification in a higher salary pay grade shall be placed on a new step in the new range that will result in an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary or the minimum of the new range, whichever is greater, prior to promotion. Employees who are or will be in the Performance Range after promotion shall receive an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary prior to promotion. Any or all portions of an increase exceeding the Performance Range maximum shall be paid in a lump sum. Nothing in this Section precludes the Employer from awarding additional compensation in accordance with Section 12.11 (Other Adjustments).

Pay Upon Promotion. ‌ All employees promoted or reclassified to a job classification in a higher salary pay grade shall be placed on a new step in the new range that will result in an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary (or the minimum of the new range, whichever is greater, ) of their current salary prior to promotion. Employees who are or will be in the Performance Range after promotion shall receive an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary prior to promotion. Any or all portions of an increase exceeding the Performance Range maximum shall be paid in a lump sum. Nothing in this Section precludes the Employer from awarding additional compensation in accordance with Section 12.11 (Other Adjustments).

Pay Upon Promotion. ‌ All employees promoted or reclassified to a job classification in a higher salary pay grade shall be placed on a new step in the new range that will result in an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary or the minimum of the new range, whichever is greater, prior to promotion. Employees who are or will be in the Performance Range after promotion shall receive an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary prior to promotion. Any or all portions of an increase exceeding the Performance Range maximum shall be paid in a lump sum. Nothing in this Section section precludes the Employer from awarding additional compensation in accordance with Section 12.11 (12.11, Other Adjustments).

Pay Upon Promotion. ‌ All employees promoted or reclassified to a job classification in a higher salary pay grade shall be placed on a new step in the new range that will result in an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary or the minimum of the new range, whichever is greater, prior to promotion. Employees who are or will be in the Performance Range after promotion shall receive an increase of no less than seven percent (7%) and no more than ten percent (10%) of their current salary prior to promotion. Any or all portions of an increase exceeding the Performance Range maximum shall be paid in a lump sum. Nothing in this Section precludes the Employer from awarding additional compensation in accordance with Section 12.11 (Other Adjustments).