Annual Salary Increases Clause Samples
The Annual Salary Increases clause establishes the terms under which an employee's salary will be reviewed and potentially increased each year. Typically, this clause outlines the timing of salary reviews, such as at the end of each calendar year or on the employee's work anniversary, and may specify whether increases are automatic, merit-based, or subject to company performance. Its core practical function is to provide transparency and predictability regarding compensation growth, helping to set employee expectations and incentivize performance.
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Annual Salary Increases.
1. Unless agreed otherwise in your employment contract, you will receive a (periodic) salary increase once a year, until the maximum of your salary scale is reached. The salary increase date is 1 April for all employees.
2. Your salary increase depends on what percentage you already receive of the maximum salary in your scale. This is your RSP (relative salary position). We calculate your RSP by dividing your current full-time salary by the maximum salary of the salary scale and then multiplying it by 100%.
3. If an assessment system applies that has been approved by Sanquin and the trade unions, Sanquin will also take your personal assessment into account for a salary increase. The scores are shown in the table below. In case there is no rating system, the percentages for assessment score 3 apply. Score/RSP ≤ 80% 81-90% 91-100% 1 0,0% 0,0% 0,0% 2 2.0% 1.0% 0.5% 4 5.0% 4.0% 3.0% 5 7.0% 5.0% 4.0%
Annual Salary Increases. The following table describes the implementation of merit increases throughout the life of this Agreement with the qualifications described below. BARGAINING- UNIT MEMBER ON PAYROLL AS OF: PERIOD OF PERFORMANCE REVIEWED FOR MERIT INCREASE TAKES EFFECT FIRST PAY PERIOD: MERIT INCREASE TO BASE SALARY AMOUNT1: June 30, 2018 AY 2017 – 2018 Following ratification of this Agreement ME: EE: EX: 2% 2.75% 3.5% June 30, 2019 AY 2018 – 2019 July 1, 2019 To Be Negotiated June 30, 2020 AY 2019 – 2020 July 1, 2020 To Be Negotiated 1 ME: Meets Expectations; EE: Exceeds Expectations; EX: Exemplary.
Annual Salary Increases a. Across the Board Adjustments The University shall provide across the board adjustment to eligible unit members effective the first full pay period after July 1, 2014, July 1, 2015, and July 1, 2016. Across the board adjustments shall be made before market increases are distributed. Tenure-track unit members who have been notified of non-retention in accordance with provisions of Article 9 are not eligible for across the board salary increases. There shall be no annual salary increases during the term of this Agreement after December 31, 2016. In FY15, eligible bargaining unit members shall receive a two percent (2.0%) across the board increase to base salary. In FY16, eligible bargaining unit members shall receive a two percent (2.0%) across the board increase to base salary. In FY17, eligible bargaining unit members shall receive a two percent (2.0%) across the board increase to base salary.
b. Each unit member will receive a lump-sum distribution (to base) of $750, prorated by FTE, in each year of the contract. Unit members who are employed on September 15, 2013 and who remain employed as of September 15, 2014 are eligible for the distribution in FY15. Unit members who are employed on September 15, 2014 and who remain employed as of September 15, 2015 are eligible for the distribution in FY16. Unit members who are employed on September 15, 2015 and who remain employed as of September 15, 2016 are eligible for the distribution in FY17. Payment to eligible unit members will be included in the first full pay period following September 15.
Annual Salary Increases. Fiscal Year 2019
Annual Salary Increases. 7 (a) For each of the review periods of 2019-2020 and 2020-2021 in which an evaluation 8 was received, the employee will receive the salary raise listed in the table below: Unsatisfactory 0.00% Needs Improvement 0.00% Meets Expectation 1.95% Exceeds Expectations 2.17% Exemplary 2.37%
Annual Salary Increases. In Year 1, Year 2, Year 3 and Year 4 of this Agreement, employees who are not on initial, promotional or disciplinary probation shall move to the next step of the pay grade for their classification, as identified in Appendix A for Year 1 and Appendix B for Year
Annual Salary Increases. The following table describes the implementation of merit increases BARGAINING- UNIT MEMBER ON PAYROLL AS OF: PERIOD OF PERFORMANCE REVIEWED FOR MERIT INCREASE TAKES EFFECT FIRST PAY PERIOD: MERIT INCREASE TO BASE SALARY AMOUNT1: AY 2017 – 2018 ME: EE: EX: 2% 2.75% 3.5% AY 2018 – 2019 AY 2019 – 2020 July 1, 2019 July 1, 2020 T o Be Negotiated0%2
Annual Salary Increases. The following table describes the implementation of merit increases throughout the life of this Agreement with the qualifications described below. Bargaining-unit MEMBER ON PAYROLL AS OF: Period of Performance Reviewed for Merit Increase takes effect first pay period: Merit Increase to BASE SALARY AMOUNT1: June 30, 2018 AY 2017 – 2018 Following ratification of this Agreement (January 17, 2019) ME: 2% EE: 2.75% EX: 3.5% June 30, 2019 AY 2018 – 2019 July 1, 2019 0% June 30, 2020 AY 2019 – 2020 July 1, 2020 0% 1 ME: Meets Expectations; EE: Exceeds Expectations; EX: Exemplary.
Annual Salary Increases. Increases will be granted following a satisfactory evaluation. Annual salary increases will be 3.0% for each year of this agreement. Salary increases for a capped manager whose salary exceeds the maximum established range will be based on the 12-month average COLA of the previous calendar year (January – December). The COLA increase will not exceed 1% less than the annual percentage increase for all other managers. This salary limit will be waived for a manager who gives written notice of intent to retire from service by May 1 of the fiscal year prior to retirement.
Annual Salary Increases. Annual salary increases are subject to legislative appropriations and will be granted in accordance with the guidelines established by the legislature and the State Board for Community and Technical Colleges. It is the College’s intent to maximize the turnover dollars available to increase current faculty salaries to the extent permissible by law. For the second (2nd) year of this contract, when the state legislature allocates funds to the College for faculty salary increases, the College agrees to disburse those funds using a model in which:
1. All full-time faculty receive the same full dollar amount increase to their base annual salary and
2. The associate faculty per-contact pay schedule is increased so that 45 contact hours of that increase equals the full-time faculty increase (with minor differences permitted by mutual agreement of the CCCFT and the College so that the per contact increase can be rounded to the nearest twenty-five cents ($0.25.) In the final year of the contract, upon notification of the availability of funds for annual salary increases, the parties shall begin negotiation to determine the distribution of said funds.