Retention Differential Sample Clauses

Retention Differential. At the end of the summer of 2011 and 2012, employees shall be paid a retention differential based on the following formula: 15 or more 14 hrs of 21 hrs of 28 hrs of 40 hrs of 48 hrs of years pay pay pay pay pay 10 to 15 11 hrs of 17 hrs of 23 hrs of 34 hrs of 41 hrs of years pay pay pay pay pay 7 to 10 8 hrs of 14 hrs of 18 hrs of 27 hrs of 32 hrs of years pay pay pay pay pay 5 to 7 6 hrs of 10 hrs of 14 hrs of 20 hrs of 24 hrs of years pay pay pay pay pay 3 to 5 3 hours of 5 hrs of 6 hrs of 9 hrs of 11 hrs of years pay pay pay pay pay The foregoing table applies to Colleges where the academic year consists of forty-eight
Sample 1
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Retention Differential. Effective July 1, 2011, the Retention Differential pay shall be eliminated and shall be added to the base pay rates on the wage scale in Article XI, Section 1 of this Agreement. At the end of the summer of 2011, employees shall be paid a retention differential based on the following formula: 13 + Years 14 Hours of Pay 24 Hours of Pay 32 Hours of Pay 41 Hours of Pay 54 Hours of Pay 60 Hours of Pay 10 to 13 Years 11 Hours of Pay 20 Hours of Pay 26 Hours of Pay 33 Hours of Pay 39 Hours of Pay 46 Hours of Pay 7 to 10 Years 8 Hours of Pay 16 Hours of Pay 21 Hours of Pay 26 Hours of Pay 31 Hours of Pay 36 Hours of Pay 5 to 7 Years 6 Hours of Pay 11 Hours of Pay 15 Hours of Pay 19 Hours of Pay 23 Hours of Pay 26 Hours of Pay 3 to 5 Years 3 Hours of Pay 5 Hours of Pay 6 Hours of Pay 9 Hours of Pay 10 Hours of Pay 11 Hours of Pay The foregoing table applies to Colleges where the academic year consists of forty-eight
Sample 1
Retention Differential. At the end of the summer of each year of this Agreement, employees shall be paid a retention differential based on the following formula: 15 or more 21 hrs of 28 hrs of 40 hrs of 48 hrs of years pay pay pay pay 10 to 15 17 hrs of 23 hrs of 34 hrs of 41 hrs of years pay pay pay pay 7 to 10 14 hrs of 18 hrs of 27 hrs of 32 hrs of years pay pay pay pay 5 to 7 10 hrs of 14 hrs of 20 hrs of 24 hrs of years pay pay pay pay 3 to 5 5 hrs of 6 hrs of 9 hrs of 11 hrs of years pay pay pay pay Effective July 1, 2007, the following column (for 8 hrs/wk) shall be inserted in the above table: 15 or more 14 hrs of pay years 10 to 15 11 hrs of pay years 7 to 10 8 hrs of pay years 5 to 7 6 hrs of pay years 3 to 5 3 hours of pay years The foregoing tables apply to Colleges where the academic year consists of forty-eight
Sample 1
Retention Differential. At the end of the summer of each year of this Agreement, employees shall be paid a retention differential based on the following formula: 7 to 10 Years 16 Hours of Pay 21 Hours of Pay 26 Hours of Pay 31 Hours of Pay 36 Hours of Pay Effective July 1, 2007, the following column (for 8 hrs/wk) shall be inserted in the above table: 13+ 14 hrs of pay years 10 to 13 11 hrs of pay years 7 to 10 8 hrs of pay years 5 to 7 6 hrs of pay years 3 to 5 3 hours of pay years The foregoing tables apply to Colleges where the academic year consists of forty-eight
Sample 1
Retention Differential. Effective July 1, 2014, the classifications of Human Services Division Manager Range (B) assigned as the Director of Nursing in DHHS, Health Program Coordinator Range (A), Senior Health Program Coordinator (A) or (B), Health Program Manager, and Treatment Center Program Coordinator in the nursing series who have five (5) years, service since attaining the top salary step will receive a 5% retention differential. In addition, the above classifications who have ten (10) years of service since attaining the top salary step will receive a 5% differential. This second 5% differential is in addition to the 5% after five (5) years at the top step. Both differentials shall be considered part of the hourly rate and applied to all hours paid. Upon Board of Supervisors approval of the Nursing Manager classification study, the parties agree to meet and confer as to whether these differentials should be eliminated as part of the overall compensation plan. Additionally, if, during the term of this Agreement, the subordinate classifications to those identified above, cease to receive a retention differential, the parties agree to meet and confer as to whether these differentials should be eliminated for any of the classes identified above whose subordinate classification had the differential eliminated.
Sample 1

Related to Retention Differential

  • Shift Differential A. Shift differential will be $.60 cents per hour. B. Employees eligible for shift differential are those whose work shift begins before 6:00 a.m. or ends on or after 7:00 p.m. and are scheduled by their supervisor for a total shift of at least six (6) hours in duration. This shift differential shall not apply to those employees who have requested and have been granted flexible work scheduling.

  • Weekend Differential Employees assigned to State institutions other than Maine State Prison shall be eligible for a weekend differential of fifty cents ($.50) per hour to the base for shifts beginning between 10:00 p.m. Friday and 9:59 p.m.

  • Bilingual Differential When formally assigned in the employee’s position description, an employee assigned to interpret to or from another language to English will receive a differential of five percent (5%) of base pay.

  • Shift Differentials 18.1 Employees whose regularly assigned shifts commence between 1400 and 2159 hours shall receive a shift differential of seventy-five cents (75¢) per hour, and employees whose regularly assigned shifts commence between 2200 and 0559 hours shall receive a shift differential of eighty cents (80¢) per hour. Effective January 1, 2005, for employees whose regularly assigned shifts commence between 2200 and 0559 hours shall receive a shift differential of one dollar ($1) per hour. Overtime shall not be calculated on the shift differential nor shall the shift differential be paid for paid absence from duty such as vacations, general holidays, etc.

  • Night Differential An employee shall be paid a night differential, bi-weekly for hours worked between midnight and 7:00 a.m. at a rate of $3.00 per hour. Night differential worked during overtime will be paid at one and one-half (1 ½) times $3.00 and on statutory holidays at two (2) times $3.00.

  • Shift Differential Pay SECTION 1: In addition to compensation provided by the wage schedule, employees working between the hours of 3:00 P.M. and 7:00 A.M. shall be paid a shift differential premium of $.45 (forty-five cents) per hour in addition to the regular pay for those hours. SECTION 2: Employees must work a minimum of 3 (three) hours in order for shift differential to apply.

  • Differential Differential is a salary allowance in addition to the basic rate or schedule based upon additional skills, responsibilities, hours of employment, or distasteful or hazardous work.

  • Price Differential a. On each Business Day that a Transaction is outstanding, the Pricing Rate shall be reset and, unless otherwise agreed, the accrued and unpaid Price Differential shall be settled in cash on each related Price Differential Payment Date. Two (2) Business Days prior to the Price Differential Payment Date, Buyer shall give Seller written or electronic notice of the amount of the Price Differential due on such Price Differential Payment Date. On the Price Differential Payment Date, Seller shall pay to Buyer the Price Differential for such Price Differential Payment Date (along with any other amounts to be paid pursuant to Sections 7 and 34 hereof), by wire transfer in immediately available funds. b. If Seller fails to pay all or part of the Price Differential by 3:00 p.m. (New York City time) on the related Price Differential Payment Date, with respect to any Purchased Mortgage Loan, Seller shall be obligated to pay to Buyer (in addition to, and together with, the amount of such Price Differential) interest on the unpaid Repurchase Price at a rate per annum equal to the Post Default Rate until the Price Differential is received in full by Buyer. c. Seller may remit to Buyer funds in an amount up to the outstanding Purchase Price of the Purchased Mortgage Loans, to be held as unsegregated cash margin and collateral for all Obligations under this Agreement (such amount, to the extent not applied to Obligations under this Agreement, the “Buydown Amount”). The Buydown Amount shall be used by Buyer in order to calculate the aggregate Price Differential, which will accrue on the aggregate Purchase Price then outstanding minus the Buydown Amount, applied to Transactions involving the lowest Pricing Rate. The Seller shall be entitled to request a drawdown of the Buydown Amount or remit additional funds to be added to the Buydown Amount no more than one time per week. Without limiting the generality of the foregoing, in the event that a Margin Call or other Default exists, the Buyer shall be entitled to use any or all of the Buydown Amount to cure such circumstance or otherwise exercise remedies available to the Buyer without prior notice to, or consent from, the Seller. Within two (2) Business Days’ receipt of written request from Seller, and provided no Margin Call or other Default exists, Buyer shall remit any portion of such Buydown Amount back to Seller.

  • Supervisory Differential Adjustment The Appointing Officer shall adjust the compensation of a supervisory employee whose compensation grade is set herein subject to the following conditions:

  • Night Shift Differential Unit 12 employees who regularly work shifts shall receive a night shift differential as set forth below: A. Employees shall qualify for the first night shift pay differential of forty (40) cents per hour where four (4) or more hours of the regularly scheduled work shift falls between 6 p.m. and 12 midnight. B. Employees shall qualify for the second night shift pay differential of fifty (50) cents per hour where four (4) or more hours of the regularly scheduled work shift fall between 12 midnight and 6 a.m. C. A "regularly scheduled work shift" are those regularly assigned work hours established by the department director or designee.

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