Supplemental Salary Conversion Scales Sample Clauses

Supplemental Salary Conversion Scales a. On the effective date of this Agreement, the supplemental salary conversion scale shall be as set forth in paragraph c below. b. The supplemental salary conversion scale shall increase each succeeding year on August 1 as the teachers' base salary increases as described herein. The supplemental salary conversion scales are listed below in paragraph C, D and E.
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Supplemental Salary Conversion Scales a. On the effective date of this Agreement, the supplemental salary conversion scale shall be as set forth in paragraph c below. b. The supplemental salary conversion scale shall increase each succeeding year on August 1 as the teachers' base salary increases as described herein. The supplemental salary conversion scales are listed below in paragraph C, D and E. FY 2021 FY 2022 FY 2023 Base Amount $47,181 $48,125 $49,088 % Increase 2.00% 2.00% 2.00% c. FY 2021 1.00 1.05 1.10 1.15 1.20 1.25 1.30 1.35 1.40 0 1 2 3 4 5 7 10 15 % OF TOP LEVEL YRS YRS YRS YRS YRS YRS YRS YRS YRS 100.00% 14 $9,295 $9,759 $10,224 $10,689 $11,154 $11,618 $12,083 $12,548 $13,013 92.86% 13 $8,631 $9,063 $9,494 $9,926 $10,357 $10,789 $11,220 $11,652 $12,083 85.71% 12 $7,966 $8,365 $8,763 $9,161 $9,560 $9,958 $10,356 $10,755 $11,153 78.57% 11 $7,303 $7,668 $8,033 $8,398 $8,763 $9,129 $9,494 $9,859 $10,224 71.43% 10 $6,639 $6,971 $7,303 $7,635 $7,967 $8,299 $8,631 $8,963 $9,295 64.29% 9 $5,976 $6,274 $6,573 $6,872 $7,171 $7,469 $7,768 $8,067 $8,366 57.14% 8 $5,311 $5,577 $5,842 $6,108 $6,373 $6,639 $6,904 $7,170 $7,435 50.00% 7 $4,647 $4,880 $5,112 $5,344 $5,577 $5,809 $6,042 $6,274 $6,506 42.86% 6 $3,984 $4,183 $4,382 $4,581 $4,780 $4,980 $5,179 $5,378 $5,577 35.71% 5 $3,319 $3,485 $3,651 $3,817 $3,983 $4,149 $4,315 $4,481 $4,647 28.57% 4 $2,655 $2,788 $2,921 $3,054 $3,187 $3,319 $3,452 $3,585 $3,718 21.43% 3 $1,992 $2,091 $2,191 $2,291 $2,390 $2,490 $2,589 $2,689 $2,789 14.29% 2 $1,328 $1,395 $1,461 $1,527 $1,594 $1,660 $1,727 $1,793 $1,859 7.14% 1 $664 $697 $730 $763 $796 $830 $863 $896 $929 d. FY 2022 Effective August 1, 2021 1.00 1.05 1.10 1.15 1.20 1.25 1.30 1.35 1.40 0 1 2 3 4 5 7 10 15 % OF TOP LEVEL YRS YRS YRS YRS YRS YRS YRS YRS YRS 100.00% 14 $9,481 $9,955 $10,429 $10,903 $11,377 $11,851 $12,325 $12,799 $13,273 92.86% 13 $8,804 $9,244 $9,684 $10,124 $10,564 $11,005 $11,445 $11,885 $12,325 85.71% 12 $8,126 $8,532 $8,938 $9,345 $9,751 $10,157 $10,564 $10,970 $11,376 78.57% 11 $7,449 $7,821 $8,194 $8,566 $8,939 $9,311 $9,684 $10,056 $10,428 71.43% 10 $6,772 $7,111 $7,449 $7,788 $8,126 $8,465 $8,804 $9,142 $9,481 64.29% 9 $6,095 $6,400 $6,705 $7,009 $7,314 $7,619 $7,924 $8,228 $8,533 57.14% 8 $5,417 $5,688 $5,959 $6,230 $6,501 $6,772 $7,042 $7,313 $7,584 50.00% 7 $4,740 $4,977 $5,214 $5,451 $5,688 $5,925 $6,162 $6,399 $6,636 42.86% 6 $4,063 $4,267 $4,470 $4,673 $4,876 $5,079 $5,282 $5,486 $5,689 35.71% 5 $3,386 $3,555 $3,724 $3,893 $4,063 $4,232 $4,401 $4,570 $4,740 28.57% 4 $2...

Related to Supplemental Salary Conversion Scales

  • 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%)

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • 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.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • 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.

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  • Deferred Salary Leave Plan (1) The deferred salary leave plan enables Employees to take one (1) year of leave from the Public Service and to finance this leave through a deferral of Salary in previous years. (2) Under this plan, participating Employees agree to defer a portion of their Salary for four (4) consecutive Academic Years and the Employer agrees to grant the Employee leave in the fifth year, and to use the amounts deferred in the previous four (4) years to pay the Employee's Salary during the period of the leave. Participation in the plan is subject to operational requirements. (3) During the period of leave, Employees may engage in whatever activities they wish. (4) The individual plan for each participating Employee is a six (6) Academic Year period consisting of the following: (a) The first four consecutive years during which the Employee draws 80% of Salary earned in each of the four years and defers the remaining 20%; (b) The fifth consecutive year in which the Employee takes the leave, and is paid from the amounts deferred above plus any interest earned on the deferred funds; and (c) The sixth consecutive year in which the Employee returns to employment with the Public Service of Nunavut for a minimum of one year. (5) There is no maximum number of Employees allowed to enter the plan. (6) Executive Directors ensure that approved leaves do not impair the future operation of their School Operations. (7) Employees make written application to their Executive Director. Applications should state the proposed start of the Salary deferral and the proposed period of leave. (8) The Executive Director reviews the application and the requirements of the School Operations and notifies the Employee and the respective Department of Finance, Pay and Benefits Officer at least six (6) weeks prior to the start of Salary Deferral. (9) Each participant will sign an agreement covering the details of the plan. (10) In each year of the plan preceding the period of the leave, the Employee will be paid 80% of the applicable Salary. The remaining 20% of Salary will be deferred and this amount will be retained in trust by the Employer to finance payments during the period of leave. (11) The deferred Salary will be placed in a trust fund by the Government and any returns on the investment of the trust will be used to pay the participant during the period of leave. (a) The money held in trust will be pooled with other Government funds and the Employee will be credited with the average rate of return on those funds. (b) Investments will be restricted to those eligible under Section 57(1) of the Financial Administration Act. (c) A statement of the individual's account will be provided at each anniversary of the plan. (12) During the period of leave, the participant shall receive, if on a one (1) year leave, one twenty-sixth (1/26) of the amount deferred plus any trust fund returns in each pay period, less applicable deductions. No additional payments to the participant can be made such as loans, subsidies, Allowances or Salary. (13) Income tax will be deducted in accordance with the provisions of the Income Tax Act and its Regulations. (14) During the first four (4) years of the plan, the Employer shall provide Employee benefits at a level equivalent to 100% of Salary. Benefits and premium recoveries for the period of leave will be governed by the rules for leave without pay. All benefits cease except Health Care Plan, superannuation, supplementary death benefit, disability insurance, and dental coverage. Premiums for these plans are payable by the Employee. Arrangements can be made to have deductions from pay for some of these benefits. (15) Upon return from leave, the Department will place the Employee in the position held at the commencement of the leave. (16) Returning Employees will have their qualifications re-assessed and placed on the appropriate pay scale. (17) The Employer shall cancel participation in the plan and shall refund, within 60 days, the total of the deferred Salary plus earnings from the plan if the Employee dies or employment is otherwise terminated. (18) Where operational requirements would not be met if the Employee proceeded on leave in the fifth year, or where exceptional changes in personal circumstances make the leave unfeasible, the Employer will give the Employee the choice of the following: (a) withdrawing from the plan and taking a refund of the total in the deferred salary account; or (b) deferring the period of leave to either the sixth or the seventh academic consecutive year or to some other mutually agreeable time. (19) Upon withdrawal from the plan the total in the account will be repaid to the Employee within 60 days from the notification of withdrawal.

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