Salary Increases definition

Salary Increases. For the years 2015-16 and 2016-17 the District will, over the course of these two (2) years, provide a total salary increase of 2.8%, with the amount in each year to be determined by the parties. These increases are exclusive of any State-funded salary increases.
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Salary Increases. As set forth in the preschool & kindergarten salary schedule. Experience, educational background, educational certifications, staff development hours, performance, and seniority will be considered in making placement and advancements on schedule. Some staff may be subject to a salary cap.
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Salary Increases. Inflationary : 5.75% pa Promotional : applicable only to members of the Defined Benefits Scheme of the Kvaerner Pension Fund: age and sex related; varying for men from 3% pa at age 30 to nil after age 45 Section 148 Orders : 5.75% pa Pension increases (excluding GMPs) : in deferment : 4% pa in payment : 4% pa Increases to post-88 GMPs in payment : 3% pa Increases in State earnings limits : 4% pa Mortality: Before retirement : A80 After retirement : XX00 (xx year of birth) Rates of Withdrawal : an age-related scale falling from 7% pa at age 30 to nil after age 50; 50% higher for women.
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Examples of Salary Increases in a sentence

  • The documentation required for the annual performance review of every faculty member is described under Merit Salary Increases below.

  • All subsequent merit increases shall be governed by the provisions of Article 8.E., "Merit Salary Increases Within Range" of this MOU.

  • Employees may receive salary adjustments on the salary schedule due to General Salary Increases (GSIs) and/or in-range progressions.

  • Salary scale maximums and minimums for all classifications shall be increased by the amount of the General Salary Increases.

  • The administration shall take the opportunity to exercise its leadership by rewarding monetary recognition in the form of Discretionary Salary Increases (DSI) to the basic annual salary of professional staff members.

  • This provision relates only to negotiated General Cost of Living Salary Increases and fringe benefit package changes and does not apply to equity adjustments or any other increases not specified in this clause.

  • The administration of SUNY Cortland shall take the opportunity to exercise its leadership through the rewarding of monetary recognition in the form of Discretionary Salary Increases (DSI) to the basic annual salary of academic faculty members in a manner that will reflect both their individual professional accomplishments and their contributions toward fulfilling the stated educational mission of SUNY Cortland.

  • Any interest income that is received will be recorded and may contribute to a surplus of funding over expenses for 2009; any such surplus would be used to reduce the funding and assessment amounts that would otherwise be required to support the Texas RE 2010 budget.5. Regional Entity General & Administrative Salary Increases In general, NERC was not surprised by the fact that many of the Regional Entity 2009 Budgets showed significant increases in Salary expense per FTE.

  • The Journey Level Salary Rate is the maximum rate that an employee’s salary may reach through Service-based Salary Increases.

  • The current wage or salary range for your position can be obtained from your supervisor.5.01 Wage or Salary Increases Each position has a designated wage or salary range.


More Definitions of Salary Increases

Salary Increases. The greater of (i) 5% or (ii) the percentage increase during the previous year in the Consumer Price Index for all urban consumers published by the U.S. Department of Labor or (if such index is discontinued) the nearest equivalent index, up to a maximum of 10%.
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Salary Increases. For the avoidance of doubt, there is no allowance for future salary increases.
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Salary Increases the offer includes the following annual wage increases for all UWHA members: o 2% raise within sixty days of contract ratification o 2% raise effective July 1, 2020 o 2% raise effective July 1, 2021  Ratification Bonus: the offer includes $1.5 million in ratification bonuses, which will be paid as a one- time, lump sum of $950 per resident/fellow, within sixty days of contract ratification.  Home Call and Travel Stipends: the offer includes increasing the combined annual travel and home call stipends by $600 to a new amount of $2500.  R9 Stipend Level: the offer includes adding a new stipend level for housestaff who reach the R9 appointment level.
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Related to Salary Increases

  • 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.

  • Annual Salary means the salary given under this Part.

  • Increase Amount is defined in Section 2.3(a).

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

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

  • Salary as defined in Section 3.1(a).

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

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Salary reduction plan means a benefit plan whereby state and

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Deferral Amount means the sum of all of a Participant's Annual Deferral Amounts.

  • Basic Compensation means Salary and Benefits.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Normal salary means the salary that would be paid to a participating employee if that person was not participating in a Plan and includes salary expressed as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate. It includes all allowances that are paid as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate but not overtime payments and shift work penalty rates unless they are paid as a component of an annualised rate.

  • 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.

  • 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).

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one (1) day prior to the Change of Control; and (ii) the average of the Incentive Bonus paid (or payable) for the three (3) most recently completed fiscal years of the Company.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Final Salary means the average annual salary for service for which