Annual Salary Review. In March of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and shall be set at an amount not less than $109,750 based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the EMPLOYER.
Annual Salary Review. Unless prohibited by law, the Employer shall provide the Union with the results of salary and benefits comparative surveys for bargaining unit positions upon the completion of such studies.
Annual Salary Review. Each year throughout the TERM, the annual salary and annual bonus of the EMPLOYEE shall be reviewed by the Compensation Committee of the Board of Directors of BANK and shall be set, effective ___of the following year, at a total amount of not less than $___, based upon the EMPLOYEE’S individual performance and the overall profitability and financial condition of the EMPLOYERS (hereinafter referred to as the “ANNUAL REVIEW”). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Compensation Committee.
Annual Salary Review. On or before each anniversary of the effective date of this AGREEMENT, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the EMPLOYER and may be maintained or increased, in its discretion, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYER. The results of the annual salary review shall be reflected in the minutes of the appropriate meetings of the Board of Directors of the EMPLOYER.
Annual Salary Review. In September of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Boards of Directors of the EMPLOYERS and shall be set, effective October 1, at an amount not less than $83,175.00, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the EMPLOYERS (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Boards of Directors of the EMPLOYERS.
Annual Salary Review. Unless prohibited by law, the Employer shall provide the Union with the results of the salary and benefits comparative surveys for bargaining unit positions upon the completion of such studies. When it is determined, through the annual salary review (ASR) process or negotiations, that an increase in salary grade for a classification is appropriate, employees will receive a 6% increase to base pay for each grade increase approved, not to exceed the maximum in the new grade. As a result of the Annual Salary Review (ASR) process, effective July 1, 2023: The following classifications in Agricultural Inspector series will receive a two- grade increase. Employees will receive a 12% increase in pay: Code Title Current Grade ASR Grade Comment 2897 Agricultural Inspector I ASTD 0008 ASTD 0010 2-grade 2889 Agricultural Inspector II ASTD 0010 ASTD 0012 2-grade The following classifications in Agricultural Inspector series will receive a one- grade increase. Employees will receive a 6% increase in pay: Code Title Current Grade ASR Grade Comment 2885 Agricultural Inspector III ASTD 0012 ASTD 0013 1-grade 2881 Agricultural Inspector Adv ASTD 0013 ASTD 0014 1-grade The following classification in Agricultural Resources Conservation Specialist series will receive a two-grade increase. Employees will receive a 12% increase in pay: Code Title Current Grade ASR Grade Comment 0514 Agric Res Conservation Specialist I ASTD 0012 ASTD 0014 2-grade The following classification in Agricultural Resources Conservation Specialist series will receive a one-grade increase. Employees will receive a 6% increase in pay: Code Title Current Grade ASR Grade Comment 517 Agric Res Conservation Specialist II ASTD 0014 ASTD 0015 1-grade The following classification in Agricultural Resources Conservation Specialist series will established at grade 17: Code Title Current Grade ASR Grade Comment Agric Res Conservation Specialist Ld/Adv N/A ASTD 0017 est new class The following classifications in Agricultural Commodity Grader series will receive a two-grade increase. Employees will receive a 12% increase in pay: Code Title Current Grade ASR Grade Comment 3157 Agric Cmdty Grader Trainee ASTD 0005 ASTD 0007 2-grade 3160 Agric Cmdty Grader Advanced ASTD 0011 ASTD 0013 2-grade The following classification in Agricultural Commodity Grader series will receive a three-grade increase. Employees will receive a 18% increase in pay: Code Title Current Grade ASR Grade Comment 3154 Agric Cmdty Grader I ASTD 0006 ...
Annual Salary Review. Company’s Board of Directors and Compensation Committee will review Employee’s salary level on an annual basis and may elect, on the basis of such review, to increase Employee’s base annual salary; but any such increase in Employee’s Salary will be made solely at the discretion of Company’s Board of Directors.
Annual Salary Review. The City Manager and Employee agree to conduct an annual salary review concurrently with any annual performance evaluation conducted pursuant to Section 5.2. Following the annual performance review, the City Manager may increase Employee’s salary within the Council-approved salary range for the position of Community Development Director. The City Manager and/or the Employee reserve the right to defer or refuse any or all part of any base salary adjustment if either party determines that the fiscal state of the City warrants such action.
Annual Salary Review. Unless prohibited by law, the Employer shall provide the Union with the results of salary and benefits comparative surveys for bargaining unit positions upon the completion of such studies. As a result of the Annual Salary Review (ASR) process, effective January 1, 2015, the following classifications within the Maryland Housing and Community Development will receive a one-grade increase: Loan/Insurance Underwriter I, Single Family Loan/Insurance Underwriter II, Single Family Loan/Insurance Underwriter I, Multi-Family Loan/Insurance Underwriter II, Multi-Family Loan/Insurance Underwriter Lead, Multi-Family Also as a result of the ASR process, effective January 1, 2015, the following classifications within the Maryland Department of Planning will receive a one-grade increase: Planner I Planner II Planner III Planner IV
Annual Salary Review. On or before each anniversary of the date of this AGREEMENT, the annual salary of the EMPLOYEE shall be reviewed by the Board of Directors of the BANK and shall be set at an amount not less than $165,000, based upon the EMPLOYEE's individual performance and the overall profitability and financial condition of the BANK (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Board of Directors of the BANK.
