Salary Reallocation Sample Clauses

Salary Reallocation. A. Reallocation is the movement of a single incumbent position or an entire class from one salary schedule or hourly rate to another salary schedule or hourly rate on the basis of either internal or external alignment. A salary reallocation is not based on additional duties or responsibilities. B. The District and Association agree to the following dollar amounts to be spent in each fiscal year for salary reallocation: C. Employees shall request salary reallocation by submitting the request to the CSEA Chapter President between January 1, and April 15 of each year. By submitting a request, the employee is certifying that the current job description is accurate. D. The Office of Human Resources shall conduct a salary survey of the agreed on classifications. The list of schools to be surveyed will be used for the duration of the contract, see Appendix G. 1. The salary survey will compare positions with like duties and responsibilities. In order to be considered as a valid survey, there must be at least three (3) districts with comparable positions. In the event there are less than three (3) districts with comparable positions, the District and CSEA shall discuss a broader list. 2. All salaries of comparable positions from the agreed upon districts shall be used for comparison. The first step of the salary range will be compared to the median salary, at first step, of comparable positions in the alignment process. 3. By March 15th, the Office of Human Resources shall present the findings of the survey to the CSEA Chapter President for final negotiations to commence within thirty (30) days. 4. If the results of the salary survey indicate a lower salary range, the employee shall be Y-rated. (Y-rating means that the incumbent’s salary shall be frozen until the current salary matches the new salary range.) Y-rating will only be implemented when the District’s salary range is more than fifteen percent (15%) higher than the salary resulting from the external salary survey. 5. If the results of the salary survey indicate a higher salary range, employees affected by the salary reallocation shall move to the same step of the recommended salary range. In the event a salary recommendation of a classification is ten percent (10%) or more than the District’s current salary range, the salary increase shall be realized in the next two (2) years, for not less than fifty percent (50%) of the increase per year. 6. If the results of the salary survey indicate a lower or higher ...
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Salary Reallocation. Movement of a job classification from one salary range or rate to another salary range or rate by virtue of labor market analysis or readjustment of internal pay alignments. Such action must be approved by the Board of Supervisors. An employee shall not be moved to a lower pay step if the salary reallocation is from one salary range to another salary range.
Salary Reallocation. The Corporation shall provide an opportunity for enrollment in Section 125, Generation I and II, at no cost to the employee. All IRS eligible insurance costs to the employee shall be included in the Section 125 benefit under Generation I. Generation II shall include dependent or child care and/or non-tax reimbursement for medical expense. a. Each employee shall enroll on a f o r m p r o v i d e d during the o p e n enrollment period as designated by the administration. b. Employees shall not be permitted to revoke election after the enrollment deadline unless there is a change in family status (e.g., marriage , divorce, death of spouse or child, birth or adoption of child, and employment or termination of employment of spouse). c. The election or plan year is on a calendar year basis.
Salary Reallocation. PBC shall cause any Affiliate that shall, after the date hereof, pay the base salary of the Executive, or any portion thereof, to assume and agree to the obligations of PBC hereunder and to notify the Executive in writing of the assumption of such obligations. An Affiliate's obligation to pay the Severance Amount shall be in proportion to the portion of the Executive's base salary paid by such Affiliate.
Salary Reallocation. A. Reallocation is the movement of a single incumbent position or an entire class from one salary schedule or hourly rate to another salary schedule or hourly rate on the basis of either internal or external alignment. B. The District and Association agree to the following dollar amounts to be spent in each fiscal year for salary reallocation: C. Employees shall request salary reallocation by submitting the request to the CSEA Chapter President between January 1, and April 15 of each year. The request shall certify that the current job description is accurate. D. The Office of Human Resources shall conduct a salary survey of the agreed on classifications. The District and CSEA will discuss and agree on the schools to be surveyed. The list of schools to be surveyed will be used for the duration of the contract. In the event a salary recommendation of a classification is over ten percent (10%) of the median for one (1) year, the salary increase shall be realized in the next two (2) years, for not less than fifty percent (50%) of the increase per year.

Related to Salary Reallocation

  • Salary Reduction A reduction in pay from one step to another, which is not below the minimum rate established for the position by the salary plan. A copy of the notice of reduction shall be sent promptly to the City Manager Department for inclusion in the employee's official personnel file.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Elective Deferrals (a) The Committee may establish procedures pursuant to which Employee may elect to defer, until a time or times later than the vesting of a Performance Share Unit, receipt of all or a portion of the shares of Common Stock deliverable in respect of a Performance Share Unit, all on such terms and conditions as the Committee (or its designee) shall determine in its sole discretion. If any such deferrals are permitted for Employee, then notwithstanding any provision of this Agreement or the Plan to the contrary, an Employee who elects such deferral shall not have any rights as a stockholder with respect to any such deferred shares of Common Stock unless and until the date the deferral expires and certificates representing such shares are required to be delivered to Employee. The foregoing notwithstanding, no deferrals of Dividend Equivalents related to any Performance Share Units under this Award will be permitted. Moreover, the Committee further retains the authority and discretion to modify and/or terminate existing deferral elections, procedures and distribution options. (b) Notwithstanding any provision to the contrary in this Agreement, if deferral of Performance Share Units is permitted, each provision of this Agreement shall be interpreted to permit the deferral of compensation only as allowed in compliance with the requirements of Section 409A of the Internal Revenue Code and any provision that would conflict with such requirements shall not be valid or enforceable. Employee acknowledges, without limitation, and consents that application of Section 409A of the Internal Revenue Code to this Agreement may require additional delay of payments otherwise payable under this Agreement. Employee and the Company further hereby agree to execute such further instruments and take such further action as reasonably may be necessary to comply with Section 409A of the Internal Revenue Code.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. PART I. [OPTIONS (a) THROUGH (d)].

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • FORFEITURE ALLOCATION The amount of a Participant's Accrued Benefit forfeited under the Plan is a Participant forfeiture. The Advisory Committee will allocate Participant forfeitures in the manner specified by the Employer in its Adoption Agreement. The Advisory Committee will continue to hold the undistributed, non-vested portion of a terminated Participant's Accrued Benefit in his Account solely for his benefit until a forfeiture occurs at the time specified in Section 5.09 or if applicable, until the time specified in Section 9.14. Except as provided under Section 5.04, a Participant will not share in the allocation of a forfeiture of any portion of his Accrued Benefit.

  • Call Back Compensation (a) Call back is an occasion where an employee has been released from duty and is called back to work prior to his/her normal starting time. On such occasions, the employee’s scheduled or recognized shift shall be made available for work, except that the Agency shall not be obligated to work the employee more than twelve (12) consecutive hours and the employee may choose not to work more than twelve (12) consecutive hours, excluding meal periods, of combined call back time and regular shift time. (b) An employee who is called back to work outside his/her scheduled workshift shall be paid a minimum of the equivalent of two (2) hours pay at the overtime rate of pay computed from when the employee actually begins work. After two (2) hours work, in each call back situation, the employee shall be compensated at the appropriate rate of pay for time worked. (c) This provision does not apply to telephone calls at home or overtime work which is essentially a continuation of the scheduled workshift.

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