Calculate Salary Change Sample Clauses

Calculate Salary Change. For 2009-11 after insurance premium costs are covered, what is left shall go toward salary increases.
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Calculate Salary Change. For 2009-11* After insurance premium costs are covered, what is left may go toward salary increases. Note: This same formula will be applied to the 2010-11 fiscal year. The following is an example of how this formula will work using past ODE estimates: Appendix A Formula Calculation Compare Calculate Available ODE Estimate ODE Estimate Insurance For Current Next % Cost Salary Fiscal Year Fiscal Year Change Increase*** Adjustment May-07 80,472,957 84,498,475 5.00% 1.14% 3.86% May-08 85,056,149 86,576,322 1.79% 1.11% 0.68% *** Calculated by taking the total change in insurance cost divided by the total cost of the district’s general fund budget (to be verified by Business Office) If an employment contract entered into by the district after the effective date of this agreement fails to follow the compensation formula, then the MEA has the right to reopen this agreement. Regarding the District Insurance Program

Related to Calculate Salary Change

  • Lower Salary Level An employee who accepts another position with a lower salary range will be paid an amount equal to his or her current salary, provided it is within the salary range of the new position. In those cases where the employee’s current salary exceeds the maximum amount of the salary range for the new position, the employee will be compensated at the maximum salary of the new salary range.

  • Salary Determination 12.5.1 A unit member shall receive a salary not less than the minimum salary nor more than the maximum salary (Articles 12.3 and 12.4) for the rank to which appointed, except as provided in Articles 4.15, 5.6, 10.6.1 or Article 10.6.1.1. The effective dates for salaries shall be the appropriate dates specified in Article 12.2.2.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Salary Computation The regular salary for each employee shall be based on the actual number of days or hours worked in the pay period, including authorized absences with pay, multiplied by the employee's daily or hourly rate. Such payments shall not exceed the biweekly rate as determined by the employee's range and step.

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • SALARY RATES Section 12.1 The following shall apply to full-time employees:

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Rate Redetermination for Market Change In the event of delay or interruption, exceeding 90 days, under B8.33, Contracting Officer shall make an appraisal to determine for each species the difference between the appraised unit value of Included Timber immediately prior to the delay or interruption and the appraised unit value of Included Timber immediately after the delay or interruption. The appraisal shall be done after any rate redetermination done pursuant to B3.31, using remaining volumes. Tentative Rates and Flat Rates in effect at the time of delay or interruption or established pursuant to B3.31 will be reduced, if appraised rates declined during the delay or interruption, to become Current Contract Rates. Increases in rates will not be considered. Accordingly, Base Rates shall be adjusted to correspond to the redetermined rates if redetermined rates are less than the original Base Rates, subject to a new Base Rate limitation of the cost of essential reforestation or 25 cents per hundred cubic feet or equivalent, whichever is larger. However, existing Base Indices shall not be changed under this Subsection. Redetermined rates shall be considered established under B3.1 for timber Scaled subsequent to the delay or interruption.

  • Salary Rate The annual salary for regular faculty will be prorated according to the established workload for the academic year.

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