Common use of Principal Allowance Clause in Contracts

Principal Allowance. 4.2.1.1 Principals, other than those specified in clauses 4.2.3 and 4.2.4, shall be paid an administrative allowance based on the number of students enrolled in the principal’s school in accordance with the following schedule: Number of Students Effective until June 9, 2022 Effective June 10, 2022 (0.50% increase) Effective September 1, 2022 (1.25% increase) Effective September 1, 2023 (2% increase) 0 - 250 students $ 18,528 $ 18,621 $ 18,854 $ 19,231 251 - 350 students $ 21,010 $ 21,115 $ 21,379 $ 21,807 351 - 450 students $ 23,473 $ 23,590 $ 23,885 $ 24,363 451 - 600 students $ 26,755 $ 26,889 $ 27,225 $ 27,770 601 - 800 students $ 30,697 $ 30,850 $ 31,236 $ 31,861 801 - 950 students $ 32,337 $ 32,499 $ 32,905 $ 33,563 951+ students $ 35,646 $ 35,824 $ 36,272 $ 36,997 4.2.1.2 For the purposes of clause 4.2.1, the student count shall be as at September 30th. 4.2.1.3 Notwithstanding any other provision in the collective agreement, principals shall receive a minimum allowance of $25,000 annually, prorated based on FTE.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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