Special Merit Increment Clause Samples

Special Merit Increment. 18.02.5.1 The Employer shall set aside a sum of $3,000 for merit awards which shall be made annually on the basis of merit to at least one (1) person, but not more than two (2), as a lump sum which shall not become part of regular salary, unless the Special Merit Awards Committee recommends to the Vice-President Academic that no nominees are deserving of a merit award, in which case no merit award need be given in that year. The disposition of these awards shall be decided by the Vice-President Academic as set out in the "Special Merit Awards" document issued by the Vice-President Academic on January 26, 1994. 18.02.5.2 Furthermore, nothing in this Agreement shall preclude the University from granting to any Employee demonstrating special merit a permanent salary adjustment or a lump-sum bonus payment. A permanent salary adjustment shall be included in the Employee's salary in subsequent years; a lump-sum payment shall not be included as part of salary and shall not affect salary in subsequent years. A permanent salary adjustment shall be used to reward improvement in an Employee's qualifications and bonuses shall be used in other cases. 18.02.5.3 All merit awards shall be announced publicly to the University community.