Annual Increment definition

Annual Increment means funds appropriated for "eligible
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Annual Increment is defined as the step increase awarded to the nurse on the first day of the first month following the completion of an employment year, or sooner as provided under Article 4 of this Agreement.
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Annual Increment means an increase in the rate of pay of an employee, within the employee’s pay range, which may be granted in recognition of satisfactory service in accordance with 24:03.
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Examples of Annual Increment in a sentence

  • Such enhancement will be reimbursed by OIL.iii) Annual Increment: Annual increment will be paid @2% of their basic pay payable from 1st January of each year.iv) Holidays: The listed WCLs will be entitled for 09 (nine) days paid holidays per annum on the following occasions provided the same do not fall on Sunday/additional holiday(s).

  • He will be entitled for Annual Increment upto 25% of last salary drawn as may be finalized by Nomination and Remuneration Committee.

  • The Annual Increment will be given as per the provisions of GoMP 7th Pay Order No.F.8-1/2016/Rule/IV Dated: 20.07.2017 either 1st January or 1st July depending on the date of completion of training (Training period will not be counted towards grant of annual increment).

  • Despite anything else in this Agreement to the contrary, this Agreement will terminate immediately and automatically upon payment of the final Annual Increment Payment as described in Section 3 above.

  • Upon promotional appointment on a provisional basis, an employee shall receive a minimum increase in salary of one (1) Annual Increment in the salary group to which promoted, as if appointed from an employment list.


More Definitions of Annual Increment

Annual Increment. (if eligible) Nu. .......................................
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Annual Increment means funds appropriated for "eligible employees" and shall be disbursed only in accordance with article five, chapter five of the code.
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Annual Increment is defined as the step increase awarded to the nurse on the first day of the first month following the completion of an employment year, or sooner as provided under Article 4 of this Agreement. "Seniority Date" is the date on which a nurse enters the bargaining unit.If a nurse has the same seniority date the following methods will be used to break a tie: a. Seniority within the Department Page 3 of 76 Date Accepted / / Accepted by ONA Accepted by Employer maritan Pacific Communities Hospital Collective Bargaining Agreement 7/1/14 – 6/30/17 3 4 5 6 7 8 9 K. 10 11 12 L. 13 14 15 M. 16 17 18 N. 19 20 21 M. 22 23 24 25 26
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Annual Increment means funds appropriated for
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Annual Increment the amount by which per Applicant/Learner/Active Learner Fees will increase on 1 January of each year, being RPI plus up to 3%. Bud Systems will inform the Customer of the applicable Annual Increment by 1 December each year.
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Annual Increment means the quantum of annual rise in a pay scale.
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Annual Increment means funds appropriated
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