Salary Settlement Sample Clauses

Salary Settlement o $0.30 cents per hour salary increase to the base rate of pay per bargaining unit-eligible employee o $250 Recruitment Incentive for each job candidate referred by a current employee who is successfully hired o Design Changes to Health Insurance Benefits Plan o Flexible Spending Account Match ($250 Board Contribution for $750 Employee Contribution) o Continued Commitment to Center for Employee Health
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Salary Settlement. No later than thirty (30) days following the receipt by Bank of written notice from Executive that Executive is electing to terminate his employment under the provisions of section 11(b)(iii) hereof, Bank shall pay to Executive a sum equal to two (2) times the then-current annual compensation being received by Executive on the date of such notice, reduced by any applicable employment or withholding taxes. The then-current annual compensation may be in excess of the Base Salary, as herein defined. Notwithstanding the foregoing, in the event that the payment described in this subsection, when added to all other amounts or benefits provided to or on behalf of the Executive in connection with his termination of employment as a result of or in connection with a Change in Control, would result in the imposition of an excise tax under section 4999 of the Internal Revenue Code of 1996, as amended (the "Code"), such payments shall be retroactively (if necessary) reduced to the extent necessary to avoid such excise tax imposition. Upon written notice to Executive, together with calculations of Bank's independent auditors, Executive shall remit to Bank the amount of such reduction, plus such interest as may be necessary to avoid the imposition of such excise tax. Notwithstanding the foregoing or any other provision of this contract to the contrary, if any portion of the amount herein payable to the Executive is determined to be non-deductible pursuant to the regulations promulgated under Code Section 280G, then Bank shall be required to pay to Executive only the amount determined to be deductible under said Section 280G. Executive shall not be required to mitigate the amount of any payment for which provision is made in this Section 13(b) by seeking other employment or otherwise, nor shall the amount of any payment or benefit for which provision is made in this Section 13(b) be reduced as a result of any payment or benefit which Executive may receive from any subsequent employer. Foregoing
Salary Settlement. The Salary Settlement currently in effect is appended to this Agreement as Appendix A and forms part of this Agreement. Previous Salary Settlements, commencing with the Salary Settlement for the period July 1, 2002 to June 30, 2004 are also appended as Appendices sequentially numbered A1, A2, and following, with A1 representing the July 1, 2002 Salary Settlement.
Salary Settlement o $0.40 cents per hour salary increase to the base rate of pay per bargaining unit-eligible employee o $150 non-recurring retention supplement per bargaining unit-eligible employee o No increase in the premium for the School District’s major medical health insurance plan o Continued commitment to our Center for Employee Health
Salary Settlement. Although we began negotiations on April 22, 2016, the District did not present a formal compensation offer until August 2nd. That first offer was 8% over two years. The District improved this offer, after the Unaudited Actuals were released and members spoke at a board meeting, to 9% over two years. The final settlement that was reached is:
Salary Settlement. In 2013 The local salary settlement Information to be provided to a shop xxxxxxx In 2014 Negotiations on the salary settlement and its criteria The local salary settlement Information to be provided to a shop xxxxxxx
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Salary Settlement. SALARY ADJUSTMENTS IN 2022 Negotiations on the salary settlement and its grounds The salary settlement shall be negotiated locally, while taking account of the volume of orders and the financial and employment situation in the company or workplace, as well as its cost competitiveness in the market. In good time before the start of local bargaining, the employer provides the shop xxxxxxx with the required information on the order book and financial and employment situation of the company or workplace and of their anticipated development. It would also be appropriate to provide information on the grounds for the proposed salary settlement to be used as the basis for negotiations. The aim of the local negotiations is to reach a salary settlement that meets the needs of each company or workplace, while taking into account their circumstances. The intention is also to support motivating salary formulation, an equitable salary structure and salary grading and the improvement of productivity at the workplace. A local salary settlement shall settle the implementation method, timing and amount of salary adjustments. The agreement shall be concluded with the shop xxxxxxx by 18 February 2022, unless an extended bargaining period is agreed upon. If no agreement on a local salary settlement is reached, salaries will be adjusted by an increase of 1.5% payable to all salaried employees effective no later than as of 1 March 2022 or from the beginning of the first subsequent pay period. Additionally, a company or workplace-specific element amounting to 0.4% of the payroll for salaried employees for the previous month, including fringe benefits, will be used to increase the salaries of salaried employees as of 1 March 2022 or from the beginning of the subsequent pay period. The purpose of the company or workplace-specific element is to support motivating salary formation and equitable salary structures and salary grading, help improve productivity in the workplace, support the implementation of the employer’s salary policy and correct any distortions. The professional skills and work performance of salaried employees must be the guiding factors affecting the distribution of personal salary increases. Larger salary increases are assigned to the salaried employees whose company-specific share of salary is, in relation to the personal share of salary, smaller than the average ratio. The shop xxxxxxx has the right to be provided with a report on the allocation of the salary set...
Salary Settlement. There will be a level movement during each school year covered by this contract for qualifying staff. B) INSTRUCTIONAL TIME Direct Inst. 230 - 250 min Direct Inst. 215 - 240 Min Direct Inst. 291 min Prep 46 - 50 min Prep 43 - 48 min Prep 58 - 59 min Sup/PLC/ B&A X Sup/PLC/ B&A Y Sup/PLC/ B&A Z Duty free lunch 30 Duty free lunch 30 Duty free lunch 30 If teachers have an overload, they would get paid the overload rate as listed in the current Agreement which could also be prorated if they teach at the middle school or elementary school and the class they might teach is shorter.
Salary Settlement. There will be a rung movement during each school year covered by this contract for qualifying staff.
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