PERFORMANCE INCREASES definition

PERFORMANCE INCREASES. Once an employee reaches Step 7 of the appropriate pay grade, the employee is eligible for a 1% annual increase to the maximum of the range based on the following criteria.
Sample 1Sample 2Sample 3

Examples of PERFORMANCE INCREASES in a sentence

  • RECORD BREAKING PERFORMANCE INCREASES VALUE TO STOCKHOLDERS Our record breaking performance contributed to both immediate capital enrichment as well as long-term value for stockholders.

  • PERFORMANCE INCREASES FOR ALL.For 90 percent of our clients, there was no change in cost.

Related to PERFORMANCE INCREASES

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Performance Standard means the acceptable range of performance for a Performance Indicator or a Service Volume that results when a Performance Corridor is applied to a Performance Target;

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • 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.