Salary adjustment definition

Salary adjustment means an increase (or decrease) in salary.
Salary adjustment means an increase (or decrease) in salary, or salary adjustment as a result of the “Additional Compensation Fund”(ACF).
Salary adjustment means a salary change resulting from-

Examples of Salary adjustment in a sentence

  • Salary adjustment for increased training will be made throughout the contract year, but not later than the May pay cycle.

  • Salary adjustment shall be made retroactive to the effective date of hire.

  • To determine the adjusted Base Salary using the CPI, the Base Salary shall be multiplied by a fraction, the numerator of which shall be the CPI published for the December of the year immediately preceding the date of the Base Salary adjustment (the "First Adjustment Year"), and the denominator of which shall be the CPI published for the December of the year immediately preceding the First Adjustment Year.

  • Salary adjustment in respect of improved salary status claimed in writing before November 1, and proved before the succeeding January 1, shall take effect from the preceding September 1.

  • Salary adjustment in respect of improved salary status claimed in writing before March 1, and proved before the succeeding May 1, shall take effect from the preceding January 1.

  • If at any time required for the determination of the Annual Base Salary adjustment as above described, the Index is no longer published or issued, the parties shall use such other index as is then generally recognized or accepted for similar determinations of purchasing power.

  • Salary adjustment details: Teachers/counselors/nurses who would have earned a higher salary in the next step on the 2018-2019 salary schedule will receive a salary adjustment to offset the difference.

  • To determine the amount of the increase in Base Salary using the CPI method, the Base Salary shall be multiplied by a fraction, the numerator of which shall be the CPI most recently published on the month immediately preceding the date of the Base Salary adjustment, and the denominator of which shall be the CPI in effect on the last day in June of the immediately preceding year.

  • Salary adjustment upon promotion shall be in accord with established University Human Resources’ procedures.

  • If at any time at which the determination of the Base Annual Salary adjustment is required the Index is no longer published or issued, the parties shall use such other index as is then generally recognized or accepted for similar determinations of purchasing power.


More Definitions of Salary adjustment

Salary adjustment as set forth in Section 3(a)(ii) of the Agreement have no further force or effect.
Salary adjustment. A change in salary outside the merit salary program required to establish either internal or external equity for a given position. Separation: Resignation, discharge, layoff, retirement, death, and/ or removal from the payroll because of disability (as distinguished from disability absence where the Employee is not removed from the payroll).

Related to Salary adjustment

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • ▇▇▇▇▇ Adjustment means, with respect to ▇▇▇▇▇, 0.0326% per annum.

  • 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.

  • 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.