Examples of Merit pay increase in a sentence
Merit pay increase shall be based on the table below: SK 0.00% 0.00% 4.000% 4.800% 6.000% L1 0.00% 0.00% 4.500% 6.75% 11.25% L2 0.00% 0.00% 3.00% 4.50% 7.50% L3 0.00% 0.00% 2.00% 3.00% 5.0% L4 0.00% 0.00% 1.00% 1.50% 2.00% L5 0.00% 0.00% 0.80% 1.20% 2.00% L6 0.00% 0.00% 0.60% 0.90% 1.50% This table is intended to provide an overall expenditure on merit increases for the Bargaining Unit as a whole of one and one-half percent (1.5%).
Merit pay increase shall be based on the table below: The overall merit outlay should be equal to 1.5% of payroll.
Discussion/For Possible Action: Approval of Employee Merit pay increase, and/or Wage adjustments, and/or Cost of Living Adjustments, and/or Inflation stipend, in a total amount not to exceed 1.1 million dollars ($1,100,000.00), annually.
Merit pay increase shall be determined in accordance with procedures developed by the Manager.