Salary Schedule/Compensation Model Sample Clauses

Salary Schedule/Compensation Model. 1. The Salary Range is $40,250 to $73,333 before TRF contributions and any changes negotiated in this agreement. 2. Teachers’ eligibility to receive a salary increase is as stated in Appendix I, Item A. Any money that would have been given to teachers who were rated Ineffective or Improvement Necessary will be equally divided among all teachers receiving an effective or highly effective rating from the Corporation the prior year. The redistribution will be in the form of a stipend that will be paid at the end of the school year. 3. Teachers who plan to complete additional content-area courses or certification which would qualify them for earning a merit level shall notify the Personnel Office, in writing, prior to the first school day of May of the school year preceeding the school year in which the change would occur. A teacher will be paid during the succeeding school year only if this notice requirement is met. Teachers shall provide the Personnel Office an official copy of all transcripts or official documents verifying completion of the necessary requirements. Compensation adjustments based on the additional courses/certification will begin after the teacher’s submission of the transcripts/documents and will be retroactive to the beginning of the school year. If such transcripts/documents have not been received by the Personnel Office by the first school day of January the teacher will not be eligible for payment adjustment until the following school year. 4. Before enrolling for course credit towards thirty (30) hours beyond a content-area Master’s degree (education) or beginning the process for earning a National Board Certification (academic needs), a teacher must secure administrative approval through an administrative committee. The teacher requesting such committee approval shall submit written information to the Superintendent or designee describing how the teacher will fulfill the requirements. The committee shall reach its decision in a timely manner. The decision of the committee shall be communicated in writing to the employee. 5. In order to earn an additional merit level by completing thirty (30) hours beyond a content-area Master's degree (education) or by obtaining a National Board Certification (academic needs), a teacher must have approval by an administrative committee. Course work/certification must be beneficial to the teacher and the Corporation. The committee will meet and reach its decision after the teacher submits his/her writ...
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Salary Schedule/Compensation Model. To facilitate the transition to a compliant compensation model for 2018-2019 in accordance with the 2017 IEERB Compliance Rubric, salary adjustments for the 2017- 2018 will consist of placement onto the reconfigured salary range found in Appendix I, Item A* 1. The Salary Range shall be $40,059 to $72,630 before TRF contributions and any changes negotiated in this agreement.
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Related to Salary Schedule/Compensation Model

  • Salary Schedule The salaries of employees covered by this agreement are set forth in the salary schedule in Appendix A which is attached to and incorporated into this agreement.

  • Salary Schedules (a) The salary schedules shall be incorporated into this Agreement as Appendix V. (b) Salary schedules will contain Career Enhancement/Growth steps as described in Section 45.6.

  • Compensation Schedule Except as otherwise provided herein, employees shall be compensated within the pay range assigned to the classification of the position in which they are employed and in accordance with the pertinent conditions of employment enumerated in this Agreement. Sec. 503 REGULAR PAY DAY: Employees shall be paid on or about the Friday following the end of the biweekly payroll period.

  • Placement on Salary Schedule The following rules shall be applicable in determining placement of a teacher on the appropriate salary schedule.

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

  • Salary Scales ‌ 2.5.1 Effective from 1 January 2024, and subject to the Remuneration provisions in the Terms of Settlement, a 4% increase will apply to all paid and printed rates. The following Allied Divisions shall refer to the applicable schedules for their scales: MIT, UCOL and Otago. 2.5.2 Effective from 1 January 2025, kaimahi will be translated into the following salary scale, which includes the 4% salary increase: Band Step (N/A for UCOL and TOPNZ) Scale Scale 2025 (4%) 40 hours Band Step(N/A for UCOL and TOPNZ Scale 2025 (4%) Scale 2025 (4%)

  • Base Compensation The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $76,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors of the Bank not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Compensation Table Attachment C of each Approved Service Order is a compensation table setting forth the manner in which the City will pay the Maximum Service Order Compensation (“Compensation Table”). Each Compensation Table is subject to the terms and conditions set forth below in Subsections 10.4 through 10.7.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

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