REMUNERATION FRAMEWORK Sample Clauses

REMUNERATION FRAMEWORK. The parties agree the new remuneration framework will incorporate the matters below:  Addressing Progression will be the key focus of the Remuneration Project which will also include a review of pay rates, bands, development pathways, and the timeliness of progression through pay bands.  Progression to the competent rate (100%) is expected to be within 4 years.  Progression beyond the competent rate (100%) will be determined by the Project.  The salary scale will commence at no less than 85%.  Progression will be through defined steps.  Salary range scales will be reviewed and relevant steps will be determined.  The main variables in the design are: number of steps; size of steps; frequency of progression, and size of the salary range.  Time to progress through the band and complexity of the role will be considered when determining the number of steps and step sizes.  Roles that already have satisfactory progression in place may be taken out of scope.  The Progression framework will be developed with an emphasis on roles in bands 11-17 and will consider all roles in coverage.  The Progression framework may be competency based, subject to satisfactory performance and will include qualifications where appropriate. Time in the role can act as a proxy for gaining competence in the role.  The parties will agree market data sources to inform rates for each position.  The parties acknowledge additional funding will be required to move to the new framework.  The following criteria are examples of what will be considered as the framework is designed and developed; qualifications, competencies, training, career pathway and gender pay principles.  MBIE will fund a mutually agreed third party to assist in the design and development of the new progression framework.  Key resources will be supplied from each of the parties to support the project. MBIE and PSA will supply team members with relevant experience to provide role specific input to the project. All team members will have access to all relevant information and data.  A Discovery session will be scheduled for the parties to identify key issues relating to the implementation plan, potential challenges, engagement plan , potential points of escalation and how matters of escalation might be resolved  The terms of reference are for the completion of the review and development of a new framework.  MBIE and PSA will work jointly to support funding request  The new framework will require the appropr...
Sample 1
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REMUNERATION FRAMEWORK. With the making of this Agreement and specifically with the intent of achieving the objectives described in clause 3, the parties hereby agree to have in place by 30th June 2006 a remuneration framework that will complement individual performance and development plans.
Sample 1
REMUNERATION FRAMEWORK 
Sample 1

Related to REMUNERATION FRAMEWORK

  • Remuneration The Company agrees to pay the Warrant Agent reasonable remuneration for its services as such Warrant Agent hereunder and shall, pursuant to its obligations under this Agreement, reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution of its duties hereunder.

  • REMUNERATION PACKAGING Where agreed between the employer and an employee, the employer may introduce remuneration packaging. The terms and conditions of such a package may make provision for a salary greater than that contained in the salary band. The package overall shall not be less favourable than the entitlements otherwise available under this Agreement on a global or overall basis and shall be subject to the following provisions:

  • REMUNERATION AND BENEFITS 3.1 Manitoba shall pay to Employee as remuneration for her services, within the Executive Assistant to the Minister (EXM) classification, a basic annual salary of $58,271 payable in equal bi-weekly installments of $2,233.73, at the accepted regular Manitoba Civil Service pay periods, pro-rated where necessary for any shorter period.

  • WAGES AND COMPENSATION Section 1:

  • Overtime Compensation (a) Overtime worked shall be compensated at the following rates:

  • PROFESSIONAL COMPENSATION A. The basic salaries of teachers covered by this Agreement are set forth in Appendix A which is attached to and incorporated in this Agreement. Such salary schedule shall remain in effect during the designated periods.

  • Remuneration and fees In most cases we are paid by commission from the insurer but in some circumstances, we may charge you a fee instead of commission or a combination of both where we arrange policies with a low commission. Where we charge a fee, this will not be liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). All fees will be advised verbally and/or will be included within the Statement of Price document before you incept your policy. We will also make the following administration charges per policy: See Appendix 1 Our commission and fee(s) are earned on placement of your insurance. If you make a change or cancel your policy mid-term (other than in the 14-day Cooling Off period) which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. Our fees will be clearly shown in any invoice we issue to you, and we will advise you of the amount of any charge before you become liable to paying it. We have arrangements with some insurers to receive additional payments reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf, and we will advise you where this is the case.

  • Intercarrier Compensation Except as specifically described in this Section, the Agreement does not change or amend applicable intercarrier compensation arrangements (including but not limited to Switched Access, Signaling, or Transit charges) between any parties, including between Qwest and Carriers or IXCs.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

  • Callout Compensation A regular employee who is called back to work outside their regular working hours shall be compensated for a minimum of three hours at overtime rates. They shall be compensated from the time they leave their home to report for duty until the time they arrive back upon proceeding directly to and from work.

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