Salary Benchmarking and Salary Sample Clauses

Salary Benchmarking and Salary. Setting In the first quarter of 2023, all bargaining unit positions will be benchmarked and set at least as high as the sixtieth (60th) percentile of the national average market rate of base compensation (the “Base Salary Benchmark”). Unless an employee moves to a lower salaried position, no salaries shall be reduced as a result of the benchmarking process and any new salaries will be adjusted retroactively to January 1, 2023. It is understood that compensation analysis tools such as OptionImpact, Payscale, and/or Xxxxxxx will be used by Kickstarter for the benchmarking process. If Kickstarter intends to use a benchmarking tool in addition to or in lieu of any of these tools, it will discuss the need for a new tool with the Union. Salary history from previous employment shall not be considered when setting a new employee’s salary or when setting the new salary when an employee moves into a different position.
Sample 1
AutoNDA by SimpleDocs

Related to Salary Benchmarking and Salary

  • SALARY STEP PLAN AND SALARY ADJUSTMENTS 198. Appointments to positions in the City and County Service shall be at the entrance rate established for the position except as otherwise provided herein.

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Salary/Wages Grantee shall list personnel involved, position classification, direct salary rates, and hours spent on the Project in accordance with Attachment 3, Grant Work Plan in their documentation for reimbursement or match requirements.

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $250,000, payable in regular installments in accordance with the Company's usual payment practices. Executive shall be entitled to such increases in Executive's base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive's annual rate of base salary, as in effect from time to time, is hereinafter referred to as the "Base Salary."

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Basic Salary (a) During the Employment the Company shall pay the Executive a Basic Salary of not less than £415,000 per annum. The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the 25th day of each calendar month or otherwise as arranged from time to time.

  • SALARY AND COMPENSATION ARTICLE 56

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Salary Scales 1. In the settlement of the Kindergarten Teachers, Head Teachers and Senior Teachers' Collective Agreement 2000-2002 the parties committed themselves to the implementation of pay parity for kindergarten teachers. Senior teacher K3 and K4 salaries were benchmarked to the base salary (excluding the roll-based supplementary component) of a primary U2 and U3 principal respectively.

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

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