Faculty Salary Adjustment definition

Faculty Salary Adjustment means a payment to a staff member in addition to the salary paid in accordance with the salary schedule, paid in order to recruit or retain an individual staff member.
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Examples of Faculty Salary Adjustment in a sentence

  • To receive the increase in pay/training increment, the faculty member must complete the Faculty Salary Adjustment Request form, which can be found in the HR section of the website and arrange for delivery to the Office of Human Resources of the official transcript or certificate demonstrating that training has been successfully completed.

Related to Faculty Salary Adjustment

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Monthly salary means the W-2 reportable compensation received by a member during the month.

  • Final Salary means the average annual salary for service for which

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.