Salary Increases Beyond Midpoint. In accordance with the provisions of this paragraph, increases to employees’ salaries beyond the midpoint of the salary ranges will be on the basis of a performance-based merit pay model, and will be effective no later than the anniversary date in their current position. Departments and Faculties will establish objective criteria to evaluate performance as the basis for merit pay models, based on their individual operational requirements. The Department of Human Resources will provide guidance to this process and will review criteria to ensure fairness and consistency in their application. Without limiting the generality of the foregoing, such increases may include adjustments to base salary, one-time only payments, re-earnable bonuses, other forms of salary adjustments, or combinations of these. The University will determine on an annual basis, within its ability to pay, the amount(s) or range of any performance-based increases. In the event the University does not provide for any such increases, it shall provide the Association with the reasons for its decision.
Salary Increases Beyond Midpoint. In accordance with the provisions of this paragraph, increases to employees’ salaries beyond the midpoint of the salary ranges will be on the basis of a performance-based merit pay model, and will be effective no later than the anniversary date in their current position within the first year of merit assessment. In subsequent years, the employee will be considered eligible for an increase on the standard university merit effective date (typically July 1) of each year. Departments and Faculties will establish objective criteria to evaluate performance as the basis for merit pay models, based on their individual operational requirements. The Department of Human Resources will provide guidance to this process and will review criteria to ensure fairness and consistency in their application. Without limiting the generality of the foregoing, such increases may include adjustments to base salary, one-time only payments, re-earnable bonuses, other forms of salary adjustments, or combinations of these. The University will determine on an annual basis, within its ability to pay, the amount(s) or range of any performance- based increases. In the event the University does not provide for any such increases, it shall provide the Association with the reasons for its decision.
Salary Increases Beyond Midpoint. In accordance with the provisions of this paragraph, increases to employees’ salaries beyond the midpoint of the salary ranges will be on the basis of a performance-based merit pay model, and will be effective no later than the anniversary date in their current position. Departments and Faculties will establish objective criteria to evaluate performance as the basis for merit pay models, based on their individ- ual operational requirements. The Department of Human Resources will provide guidance to this process and will review criteria to ensure fairness and consistency in their applica- tion. Without limiting the generality of the foregoing, such increases may include adjustments to base salary, one-time only payments, re-earnable bonuses, other forms of salary adjust- ments, or combinations of these.
Salary Increases Beyond Midpoint. In accordance with the provisions of this paragraph, increases to employees’ salaries beyond the midpoint of the salary ranges will be on the basis of a performance-based merit pay model, and will be effective no later than the anniversary date in their current position within the first year of merit assessment. In subsequent years, the employee will be considered eligible for an increase on the standard university merit effective date (typically July 1) of each year. Departments and Faculties will establish objective criteria to evaluate performance as the basis for merit pay models, based on their individual operational requirements. The Department of Human Resources will provide guidance to this process and will review criteria to ensure fairness and consistency in their application. Without limiting the generality of the foregoing, such increases may include adjustments to base salary, one-time only payments, re-earnable bonuses, other forms of salary adjustments, or combinations of these. Employees paid at or above the maximum of a salary range shall not be eligible for performance-based increases. The University will determine on an annual basis, giving consideration to the University’s overall financial circumstances, the amount(s) or range of any performance- based increases. In the event the University does not provide for any such increases, it shall provide the Association with the reasons for its decision. For the purposes of this Letter of Agreement, the University’s overall financial circumstances shall include consideration of the following factors: • overall financial situation including actual or projected revenues, expenses, surpluses and deficits; • changes in actual or projected financial circumstances; • student enrollment; • research funding to the University; and, • exigent or emergency circumstances impacting the University’s financial situation. It is understood that the University’s audited financial statements and established budget practices shall be used in analyzing the University’s overall financial situation.
