Pay increase definition

Pay increase means a periodic step or percentage increase in pay within the pay range for the class based on time spent, performance, or both.

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Pay increase means an increase in pay within the pay range.

Pay increase means an increase in the employee’s annualized earnings in his new classification as compared with what the employee’s annualized earnings would have been in the old classification. The employee shall be eligible to move to the next available step one year from the date of promotion.

Examples of Pay increase in a sentence

• For an employee in L1, L2, L3 or L4, where the Performance Pay increase that would be awarded is restricted by the job rate, or by the top of the range and promotion is not warranted, the employee’s salary will be increased to the top of the range, and the balance will be paid as a performance bonus to the employee.

• Where the Total Base Pay increase percentage results in an employee’s base pay exceeding the maximum rate for Zone 4, the maximum rate for Zone 4 will apply as the employee’s new base pay.

• Such employees also shall receive a Longevity Pay increase in pay in accordance with the following schedule, commencing on the next October 1 that is at least six (6) months after the fifth anniversary of their Civil Service employment and on each October 1 thereafter so long as they remain continuously employed.

• Pay increase to commence on the first day of a pay period which falls closest in time to the date scheduled for the increase.

• Pay increase shall be a minimum of 5% or the minimum starting salary of the position, whichever is greater.

• In the event an employee is not recommended for a Longevity Merit Pay increase, the employee shall be eligible for reconsideration twelve (12) months subsequent to his/her eligible date.

• Normal incremental advancement and pay increase percentages will continue to apply in relation to the base rate of pay of the employee in receipt of an ARIn. Pay increase percentages will not apply to the pay component of an ARIn. The pay component of an ARIn is payable by fortnightly instalment.

• Employees hired on or before December 12, 2000, shall receive a Longevity Pay increase in pay of fifteen dollars ($15.00) biweekly upon their completion of five (5) years of continuous service.

• Example: Year 2 Grade: Grade 5 Base Pay: $76,500.00, as at 30 June 2019 (FY19) Zone (Year 2, FY20): Zone 2 (i.e. between $75,913 Min and $77,120 Max Pay Rate for Grade 5, Zone 2) Base Pay Increase: 3.3% (per Matrix % for, Zone 2) New Base Pay: $79,024.50 Employee on a Performance Improvement Plan and ineligible for a Progress Pay increase in accordance with Clause 7.6 will only receive the General Pay Increase of 2%.

• The determination of any Longevity Pay increase shall not include service time accrued between July 13, 2010, and June 30, 2014.

More Definitions of Pay increase

Pay increase means any increase in salary or compensation that is given on an annual basis for performance, longevity, or cost-of-living increases."