2015 Classification and Compensation Study Sample Clauses

2015 Classification and Compensation Study. Effective the first full pay period occurring on or after January 1, 2016, the Compensation Study will be implemented as follows: The Human Resource Department will assign the appropriate classification to each position in the county based on the job descriptions submitted by the Employing Official. The County Commissioners will have final approval to adopt the proposed classification and compensation changes. Employees and/or Employing Officials who believe a position is not properly classified may request review from the Director of Human Resources. Each employee will be placed into the pay grade for the new classification for their job title at the salary closest, but not less than, the employee’s current salary. If an annual wage increase is approved by the Board of County Commissioners for 2016 each employee will be placed into the new classification at the new pay grade and step prior to the annual increase taking affect. If the employee’s current pay rate is below the pay grade, the employee will be placed at the first step of the new pay grade. If the employee’s pay rate is above the new pay grade, the employee’s pay will be frozen at their current salary until the new classification catches up to the employee’s pay rate. The employee will then be placed at the top step of the new pay grade. If the employee’s current pay rate is below the mid-point (Step 7) of the new pay grade, the employee will receive a two (2) step increase (5%), effective on the employee’s anniversary date in the position. If the employee’s current pay rate is at step 7 or above, the employee will receive a one step increase (2.5%), effective on the employee’s anniversary date in the position. Step increases will be received annually until the top step is reached, provided, the employee achieves the minimum performance score on their evaluation that entitles them to the step increase pursuant to the County evaluation system.
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2015 Classification and Compensation Study. Effective the first full pay period occurring on or after January 1, 2016, the Compensation Study will be implemented as follows: The Human Resource Department will assign the appropriate classification to each position in the county based on the job descriptions submitted by the Employing Official. The County Commissioners will have final approval to adopt the proposed classification and compensation changes. Employees and/or Employing Officials who believe a position is not properly classified may request review from the Director of Human Resources. Each employee will be placed into the pay grade for the new classification for their job title at the salary closest, but not less than, the employee’s current salary. If the employee’s current pay rate is below the pay grade, the employee will be placed at the first step of the new pay grade.

Related to 2015 Classification and Compensation Study

  • Underwriting Compensation Determination and Cap The maximum amounts set forth in clauses (a) and (c) above are considered underwriting compensation pursuant to FINRA Rule 5110. A portion of the amounts payable by Masterworks pursuant to clause (b) above along with any amounts paid or payable by Masterworks or Client or any of their respective affiliates to ((or benefits paid in respect of) any related person of the Co-Managers is generally deemed to be underwriting compensation. Any such amounts shall be allocated to the Offering and other related offerings in a manner deemed to be reasonable and appropriate by each of the Co-Managers, consistent with FINRA rules and regulations to determine underwriting compensation relating to the Offering. To the extent such allocation would be determined to result in maximum underwriting compensation being equal to or in excess of 10% of the aggregate gross offering proceeds, the Parties will adjust the provisions of this Agreement or the Client will adjust the terms of employment of persons affiliated with either of the Co-Managers in such manner as is reasonable and necessary to ensure that aggregate underwriting compensation does not equal or exceed 10% of the aggregate gross offering proceeds. The total amount of all items of compensation from any source payable to underwriters, broker-dealers, or affiliates thereof will not exceed ten percent (10%) of the gross proceeds of the offering.

  • SALARY DETERMINATION FOR EMPLOYEES IN ADULT EDUCATION PCA Article B.3 does not apply in School District No. 34 (Abbotsford).

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows:

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Supplemental Compensation Pursuant to Section 7 of the Agreement, Supplemental Compensation will be paid as follows:

  • Callout Compensation A regular employee who is called back to work outside their regular working hours shall be compensated for a minimum of three hours at overtime rates. They shall be compensated from the time they leave their home to report for duty until the time they arrive back upon proceeding directly to and from work.

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

  • Educational Benefits a. A full-time employee may enroll for credit at the University for a maximum of two courses, or six credit hours, whichever is greater, in any one academic term with exemption from the payment of tuition and fees.

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