Common use of Promotional Salary Adjustments Clause in Contracts

Promotional Salary Adjustments. Each faculty member who is promoted to a higher rank shall receive an adjustment in salary rate of two thousand two hundred fifty dollars ($2,250), five thousand dollars ($5,000), and eight thousand five hundred dollars ($8,500) for promotion to Group I, II, or III, respectively, effective the date of promotion. Each member of the academic staff who is promoted to a higher grade shall receive an adjustment in salary rate of five percent (5%) or to the minimum of the new salary grade, whichever is higher.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Promotional Salary Adjustments. β€Œ Each faculty member who is promoted to a higher rank shall receive an adjustment in salary rate of two thousand two hundred fifty dollars ($2,250), five thousand dollars ($5,000), and eight thousand five hundred dollars ($8,500) for promotion to Group I, II, or III, respectively, effective the date of promotion. Each member of the academic staff who is promoted to a higher grade shall receive an adjustment in salary rate of five percent (5%) or to the minimum of the new salary grade, whichever is higher.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Promotional Salary Adjustments. Each faculty member who is promoted to a higher rank shall receive an adjustment in salary rate of two thousand two hundred fifty dollars ($2,250)1,500, five thousand dollars ($5,000), and eight thousand five hundred dollars (2,500 or $8,500) 3,500 for promotion to Group I, II, II or III, respectively, effective the date of promotion. Each member of the academic staff who is promoted to a higher grade shall receive an adjustment in salary rate of five percent (5%) or to the minimum of the new salary grade, whichever is higher.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Promotional Salary Adjustments. Each faculty member who is promoted to a higher rank shall receive an adjustment in salary rate of two thousand two hundred fifty dollars ($2,250)1,500, five thousand dollars ($5,000)2,500, and eight thousand five hundred dollars (or $8,500) 3,500 for promotion to Group I, II, or III, respectively, effective the date of promotion. Each member of the academic staff who is promoted to a higher grade shall receive an adjustment in salary rate of five percent (5%) or to the minimum of the new salary grade, whichever is higher.

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

Promotional Salary Adjustments. Each faculty member who is promoted to a higher rank shall receive an adjustment in salary rate of two thousand two hundred fifty dollars ($2,250), five thousand dollars ($5,000), and eight six thousand five hundred dollars ($8,5006,500), and ten thousand dollars ($10,000) for promotion to Group I, II, or III, respectively, effective the date of promotion. Each member of the academic staff who is promoted to a higher grade shall receive an adjustment in salary rate of five rate. From Grades 2 to 3 and 3 to 4 that adjustment is six percent (56%). For Grade 4 to 5 the adjustment is seven percent (7%) or to the minimum of the new salary grade, whichever is higher.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!