Merit Increases definition

Merit Increases. For Employees at or Above Step 6 On the pay period beginning closest to the employee’s anniversary date or promotional date, employees shall be eligible for a merit increase of a minimum of one-half percent (0.5%) up to a maximum of two and one-half percent (2.5%). In no event shall merit adjustment be granted which exceeds the range for the position.
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Merit Increases. The wage scale as set forth in the Schedule of Wages of this Agreement reflects minimum rates and does not prohibit an employee from receiving a higher wage. The Employer shall notify the Union of any such increases.
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Merit Increases. The Town's compensation plan has open pay ranges (see Attachment "A"). Employees will be eligible for pay increases based upon performance in each fiscal year. This merit based increase will be determined as specified in Attachment "B". This schedule is based upon the Town's budgeted general fund revenue as defined in Attachment "C". A portion of this schedule is based upon the Town's assessed value as reported approximately in July of each year to the Town by the Nevada County Auditor-Controller. The Town will calculate, and the Association verify, the year to year percent change in the assessed value (including secured, unsecured and unitary tax rolls per Nevada County) from the immediate prior year. The Town will also utilize sales tax revenue projections provided by the outside consultant, a copy of which will be provided to the Association prior to July 31 of each year. Any employee merit based pay changes will then be awarded under the appropriate scale beginning July 1 of that year. The award date is based on the employee's annual evaluation date as determined by the Human Resources department. As an example, if the year-to-year percent increase in the Town's budgeted general fund revenue as defined in Attachment "C", is 1.3%, an employee who receives a pay for performance score of 3.87 on his/her evaluation will be eligible for a 1.0% merit increase to his/her base pay. If the year-to- year increase is 2.1%, the employee who receives a 3.87 on his/her evaluation will be eligible to receive a 2.0% merit increase to his/her base pay.
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Examples of Merit Increases in a sentence

  • Special Merit Increases are subject to funding and final approval by the Mayor.

  • Except as provided for by the "Portland State University Policy and Procedures for the 36 Evaluation of Faculty for Tenure, Promotion, and Merit Increases," and the University Standards it 37 implements, the University will not employ tenure-track faculty members, on 0.50 FTE or more, for more 38 than seven (7) FTE years without the awarding of tenure.

  • As used herein, the term "Base Salary" shall be deemed to include any Merit Increases granted to Employee.

  • Merit Increases - Upon returning to his/her original job classification within the period of eligibility, the employee will be credited with prior seniority for the purpose of further movement on the salary schedule, not including the time spent on layoff.

  • Portland State University Policy and Procedures for the Evaluation of Faculty for Tenure, Promotions, and Merit Increases," dated May 17, 1996 and adopted by the Faculty Senate on June 12, 1996, as most recently revised by the Faculty Senate on April 7, 2014, which specify the means of implementation of University Standards 580-021-0100 through 580-021-0140, shall remain in effect with respect to members of the bargaining unit, except as modified by this Agreement.

  • Merit Increases The employee must document evidence of genuine commitment to her/his profession and assigned duties for the appointment year.

  • Merit Increases For annually contracted faculty, a merit increase shall be granted to each eligible employee who received an evaluation of "highly effective" or “superior” in the previous academic year.

  • Except as provided for by the "Portland State University Policy and Procedures for the Evaluation of Faculty for Tenure, Promotion, and Merit Increases," and the University Standards it implements, the University will not employ tenure-track faculty members, on 0.50 FTE or more, for more than seven (7) FTE years without the awarding of tenure.

  • Except as provided for by the "Portland State University Policy and Procedures for the Evaluation of Faculty for Tenure, Promotion, and Merit Increases," and the Oregon Administrative Rules it implements, the University will not employ tenure-track faculty members, on 0.50 FTE or more, for more than seven (7) FTE years without the awarding of tenure.

  • To: All Human Resource Managers March 2, 2000 GG#00-1 465-4429 From: Xxxxxx Xxxxxx, Director Merit Increases Division of Personnel Department of Administration The following is an update of the memo issued by Xxxxxx Xxxxxxx on September 27, 1979.


More Definitions of Merit Increases

Merit Increases. All wages set forth herein are minimum contract rates and nothing is to prevent the Employer from paying higher rates where he feels that merit, years of service, and/or exigency warrants. The Employer shall report to the Union office all unit merit increases awarded to the employees in the bargaining unit.
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Related to Merit Increases

  • Merit Increase 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 on the employee’s anniversary date.

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Capital Increase shall have the meaning specified in Section 2.1.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Annual increase means, initially, fifty-nine cents per month

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Net emissions increase means, with respect to any regulated NSR pollutant emitted by a major stationary source, the amount by which the sum of the following exceeds zero:

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Term Commitment Increase has the meaning specified in Section 2.14(a).

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).