SALARY GENERATION Sample Clauses

SALARY GENERATION. Meeting and conferring over salary is mandatory. FHSU-AAUP will submit to FHSU a written faculty salary proposal by February 1, including independently verifiable information, statistics and other supporting materials with reference to current, objective, and credible facts. The parties understand that statements of opinion, including those regarding salary levels and quality of teaching will not be effective in attempting to generate salary dollars for future years. Within 14 days of FHSU-AAUP’s submission of the faculty salary proposal, FHSU will provide a written response to the proposed salary generation package presented by FHSU-AAUP. The parties will meet and confer over the faculty salary proposal, in an attempt to reach agreement, after FHSU provides its written response. If the parties do not agree on a salary package, impasse may be declared on this issue alone.
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SALARY GENERATION. In addition to meeting and conferring over the next fiscal year Agreement, the parties will participate in Salary Generation. The intent of Salary Generation is to identify a faculty base salary increase to be used for budget and planning purposed for the fiscal year following the next fiscal year. Prior to April 1, representatives of the PSU/KNEA bargaining team will meet with Pittsburg State University’s President, CFO, and Xxxxxxx to discuss preliminary plans for development of the university’s overall budget and Salary Generation for the fiscal year following the next fiscal year. The parties will consider relevant information on faculty salaries and review trends and leading indications of anticipated state funding, enrollment, and other revenues. Salary Generation represents a target value for inclusion in the fiscal year following the next fiscal year budget to be used in the meet and confer process. It is also recognized that the Salary Generation target, as used in the meet and confer process in the following year to determine salary adjustments, will be subject to, and contingent upon, legislative and executive action at the state level, and projected PSU revenues.

Related to SALARY GENERATION

  • Provision for Generation Compensation Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by the Buying Utility at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.

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