Annual Salary Increase. Executive's salary shall be reviewed at least once annually and may be increased upon recommendation of the Compensation Committee and ratification of the Board.
Annual Salary Increase. On January 1 of each year, commencing January 1, 2000, the Base Salary shall be increased by five percent (5%) of the Base Salary for the immediately prior year or such greater increase as may be deemed appropriate by the Board, in its sole and absolute discretion.
Annual Salary Increase. Any Employee will be eligible for an annual salary increase on July 1. The rate of pay for an Employee working a summer position will remain at the same rate for the entire summer period.
Annual Salary Increase. Executive’s Base Salary shall be subject to review annually by the Board and/or the Compensation Committee and may be increased but not decreased.
Annual Salary Increase. In the event that the term of this Agreement is automatically extended pursuant to Section 2, the Base Salary then in effect shall be increased by five percent (5%) of the Base Salary for the immediately prior year or such greater increase as may be deemed appropriate by the Board, in its sole discretion.
Annual Salary Increase. The hourly salary of each Association member will be increased by the percentage indicated below on the identified effective date: Effective Date Percentage 7/1/2022 3.95% 7/1/2023 3.76% 7/1/2024 3.54%
Annual Salary Increase. On each anniversary of the effective date of this Agreement, the Employee shall receive an increase of no less than six (6) percent of his annual base salary.
Annual Salary Increase. The Base Salary shall increase at an annual rate of eight percent (8%) of the Base Salary in effect for the year immediately preceding such increase. Executive’s Base Salary shall be subject to review annually by the Board and/or the Compensation Committee and may be greater increased but not decreased.
Annual Salary Increase. The Employee shall be eligible for salary increases at least once annually as determined by a vote of a majority of the Board of Directors, other than the Employee. Such salary increase shall be based upon the Board of Directors’ review of the overall performance of the Employer as well as the performance of the Employee during the preceding twelve (12)-month period.
Annual Salary Increase. Salaries will be reviewed annually directly linked to the performance review process as set out in the Policies and Procedures Manual – Human Resource Section. Any employee who achieves a Performance Review rating of “Meets CACT Requirements”, or a higher rating, will be eligible for incremental progression through the salary range for his or her classification. Salary increases will be effective from the staff member’s anniversary of commencement each year (subject to any required adjustments to the anniversary date). Staff already at the top pay point for their classification range will be eligible for a wage increase equivalent to the average percentage of CPI increases the Organisation receives from government funding bodies.
