Current Salary Level Sample Clauses
The 'Current Salary Level' clause defines the employee's existing base salary at the time the agreement is made. It typically specifies the exact amount or range of compensation the employee is receiving, and may reference the effective date of this salary. This clause serves to establish a clear record of the employee's pay, which can be important for determining future raises, bonuses, or severance calculations, and helps prevent disputes about compensation history.
Current Salary Level. An employee who accepts another position with his or her current salary range will retain his or her current salary.