Common use of Salary Increases upon Promotion or Reclassification Clause in Contracts

Salary Increases upon Promotion or Reclassification. In cases where an Employee obtains a promotion of one (1) level or in cases where an Employee’s position is reclassified upwards by one (1) level, the Employee’s annual salary shall be adjusted to the step in the new salary level which is closet to but not lower than the Employee’s current salary. If this step represents less than five (5%) percent of the Employees current salary, the Employee’s new salary will be adjusted to the next step. All promotional and reclassification increases shall be subject to the maximum of the new salary level. In cases where an Employee obtains a promotion of two (2) levels or more or in cases where an Employee’s position is reclassified upwards by two (2) levels, the Employee’s annual salary shall be adjusted to the Step in the new salary level which is closet to but not lower than the Employee’s current salary. If this Step represents less than ten (10%) percent of the Employees current salary, the Employee’s new salary will be adjusted to the next step. All promotional and reclassification increases shall be subject to the maximum of the new salary level.

Salary Increases upon Promotion or Reclassification. In cases where an Employee obtains a promotion of one (1) level or in cases where an Employee’s position is reclassified upwards by one (1) level, the Employee’s annual salary shall be adjusted to the step in the new salary level which is closet to but not lower than the Employee’s current salary. If this step represents less than five (5%) percent of the Employees current salary, the Employee’s new salary will shall be adjusted to the next step. All promotional and reclassification increases shall be subject to the maximum of the new salary level. In cases where an Employee obtains a promotion of two (2) levels or more or in cases where an Employee’s position is reclassified upwards by two (2) levels, the Employee’s annual salary shall be adjusted to the Step in the new salary level which is closet to but not lower than the Employee’s current salary. If this Step represents less than ten (10%) percent of the Employees current salary, the Employee’s new salary will shall be adjusted to the next step. All promotional and reclassification increases shall be subject to the maximum of the new salary level.