Compensation Plan Changes Clause Samples

The Compensation Plan Changes clause outlines the process and conditions under which an employer may modify the compensation structure for employees. Typically, this clause specifies how and when changes to salary, bonuses, commissions, or other forms of compensation can be implemented, and may require advance notice to affected employees. Its core practical function is to provide a clear framework for adjusting pay arrangements, ensuring both parties understand their rights and obligations when compensation terms are updated.
Compensation Plan Changes. Effective the first of the month following the signing of this Agreement, the following classifications shall be CLASS CLASS TITLE SALARY RANGE 8503 Natural Resource Spec. 3 (Hydrogeologist) 27 28 8503 Natural Resource Spec. 3 (Reg.Sanitarian) 27 28 8504 Natural Resource Spec. 4 (Hydrogeologist) 30 31 8504 Natural Resource Spec. 4 (Toxicologist) 30 31 8504 Natural Resource Spec. 4 (Reg.Sanitarian) 30 31 8505 Natural Resource Spec. 5 (Hydrogeologist) 32 33 6503 Physical Therapist 25 29 Effective September 1, 2011, all employees will retain their current salary rate in the new range except that employees whose current rate is below the first step of the new range shall be moved to the first step in the new range and a new salary eligibility of September 1, 2012 will be assigned. For an employee whose rate is within the new salary range, but not at a corresponding salary step, his/her salary shall be adjusted to the next higher rate closest to his/her current salary, effective September 1, 2011. ―Red-circle‖ under Article 81, Section 3 will apply when appropriate, (i.e., in cases of downward reclassification). (See Letter of Agreement 27.00-11-211 in Appendix A.)
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Compensation Plan Changes. (a) Selective Salary Increases. Effective July 1, 2015, the following classifications shall be adjusted as indicated below: 1511 Administrative Law Judge 2 32 33 6680 Chaplain 23 24 0501 Data Entry Operator 11 12 4404 Mail Delivery Driver 14 15 0405 Mail Services Assistant 10 12 5645 Governmental Auditor (Entry) 19 20 5646 Governmental Auditor 1 23 24 Effective July 1, 2015, all employees will retain their current salary rate in the new range except that employees whose current rate is below the first step of the new range shall be moved to the first step in the new range and a new salary eligibility of July 1, 2016 will be assigned. For an employee whose rate is within the new salary range, but not at a corresponding salary step, his/her salary shall be adjusted to the next higher rate closest to his/her current salary, effective July 1, 2015. “Red-circle” under Article 81, Section 3 will apply when appropriate, (i.e., in cases of downward reclassification). (b) Delete the following classification from the compensation plan: 0791 Veterans Benefit Consultant 2147 Publications Editor 3121 Cartographic Program Specialist 3150 Architectural Space Planner 3615 Architectural Consultant 5430 Meteorologist 6220 Vocational Rehabilitation Evaluation Center RN (See Letter of Agreement 27.00-15-270 & 27.00-15-276 in Appendix A.) (See also Special Agencies Coalition Letter of Agreement 27.5A-03-73 in Appendix A.) REV: 2013, 2015
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Compensation Plan Changes. Effective the first of the month following the signing of this Agreement, the following classifications shall be adjusted as indicated below: CLASS CLASS TITLE SALARY RANGE 8503 Natural Resource Spec. 3 (Hydrogeologist) 27 28 8503 Natural Resource Spec. 3 (Reg.Sanitarian) 27 28 8504 Natural Resource Spec. 4 (Hydrogeologist) 30 31 8504 Natural Resource Spec. 4 (Toxicologist) 30 31 8504 Natural Resource Spec. 4 (Reg.Sanitarian) 30 31 8505 Natural Resource Spec. 5 (Hydrogeologist) 32 33 6503 Physical Therapist 25 29 Effective September 1, 2011, all employees will retain their current salary rate in the new range except that employees whose current rate is below the first step of the new range shall be moved to the first step in the new range and a new salary eligibility of September 1, 2012 will be assigned. For an employee whose rate is within the new salary range, but not at a corresponding salary step, his/her salary shall be adjusted to the next higher rate closest to his/her current salary, effective September 1, 2011. ―Red-circle‖ under Article 81, Section 3 will apply when appropriate, (i.e., in cases of downward reclassification). (See Letter of Agreement 27.00-11-211 in Appendix A.) (See also Special Agencies Coalition Letter of Agreement 27.5A-03-73 in Appendix A.)
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Compensation Plan Changes. Effective October 1, 2005, the following classifications 3615 Architectural Consultant 27 29 4410 Auto Mechanic 1 12B 14B 4411 Auto Mechanic 2 17B 19B 6294 Clinical Psychologist 1 29 30 6295 Clinical Psychologist 2 31 32 5911(B) Health Care Investigator/RN 27 28N 5911(E) Health Care Investigator/Pharmacist 34 35 4430 Heavy Equipment Mechanic/Entry 13 14 4431 Heavy Equipment Mechanic 1 18T 19T 4432 Heavy Equipment Mechanic 2 21B 22B 6660 Human Services Specialist 4 21 22 6214 Institution RN 26 28N 0015 Medical Records Specialist 15 17 6210 Medical Review Coordinator 2628N 0010 Medical Transcriptionist 1 12 13 0011 Medical Transcriptionist 2 13 14 6531 Mental Health Specialist 23 24 6255 Nurse Practitioner 28 30 6508 Occupational Therapist 24 25 6260 Pharmacist 34 35 6385 Pharmacy Technician 1 10 12 6386 Pharmacy Technician 2 12 14 6720 Psychiatric Social Worker 24 26 2327 Public Health Educator 1 23 24 2328 Public Health Educator 2 25 26 6228 Public Health Nurse 1 26 27 6229 Public Health Nurse 2 29 30 6521 Rehabilitation Therapist 23 24 5110 Revenue Agent 1 16 17 5111 Revenue Agent 2 18 19 5112 Revenue Agent 3 20 21 4151 Transportation Maintenance Specialist 1 16 17 4152 Transportation Maintenance Specialist 2 18 19 Effective October 1, 2005, all employees will retain their current salary rate in the new range except that employees whose current rate is below the first step of the new range shall be moved to the first step in the new range and a new salary eligibility of October 1, 2006 will be assigned. All other employees will retain their current salary rate until their next salary eligibility date or their former salary eligibility date will be restored; on such date the employee will move to the next higher step in the range. For an employee whose rate is within the new salary range, but not at a corresponding salary step, his/her salary shall be adjusted to the next higher rate closest to his/her current salary, effective October 1, 2005. “Red- circle” under Article 81, Section 3 will apply when appropriate, (i.e., in cases of downward reclassification). (See Letters of Agreement in Appendix A.)
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Compensation Plan Changes. Effective July 1, 2013, the following classifications shall be adjusted as indicated below: 6101 Transporting Mental Health Aide 16 17 6135 Licensed Practical Nurse 20S 22S 6294 Clinical Psychologist 1 30 32 6295 Clinical Psychologist 2 32 34* 6508 Occupational Therapist 25 29 *Clinical Psychologist 2’s: All employees Step 3 and below shall receive an immediate step upon implementation, but no more than one (1) step. Effective July 1, 2013, all employees will retain their current salary rate in the new range except that employees whose current rate is below the first step of the new range shall be moved to the first step in the new range and a new salary eligibility of July 1, 2014 will be assigned. For an employee whose rate is within the new salary range, but not at a corresponding salary step, his/her salary shall be adjusted to the next higher rate closest to his/her current salary, effective July 1, 2013. “Red-circle” under Article 81, Section 3 will apply when appropriate, (i.e., in cases of downward reclassification). (See Letter of Agreement 27.00-13-251 in Appendix A.)
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Compensation Plan Changes. Effective September 1, 2017, the following classifications shall be adjusted as indicated below:
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Compensation Plan Changes 
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Related to Compensation Plan Changes

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

  • Plan Changes In the event the Employer modifies its current benefit plans, or provides an alternative plan(s), the Employer will review the plan changes with the Union prior to implementation. The Employer shall notify the Union at least ninety (90) days prior to the intended implementation date. The implementation date is the effective date of the new plan.

  • Compensation Plan 1. Subject to any applicable regulation and the Company's/its contractor approval, the applicant shall choose a Compensation Plan on the Affiliate Participation Form. An Affiliate may not change the elected Compensation Plan. 2. The Company/its contractor may change an Affiliate's Compensation Plan, at any time and at its sole and absolute discretion, by sending such Affiliate a notice to such effect by e-mail. In the event Affiliate does not agree to such change, it shall notify the Company by return e-mail within three (3) days of receiving such notice from the Company, and the Agreement shall terminate immediately. In the event Affiliate does not notify the Company within three (3) days from the notice, it shall be deemed as an approval by the Affiliate to such change in the Compensation Plan. It is hereby clarified that Affiliate will continue to receive payment with respect to Traders identified by a Tracker ID prior to the date of any such change in the Compensation Plan, in accordance with the applicable Compensation Plan at the date such Traders registered to the Site(s).

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Compensation of Consultant Town agrees to pay to Consultant for satisfactory completion of all services included in this Agreement a total fee of Fifty Thousand ($50,000.00) for the Project as set forth and described in Exhibit B - Compensation Schedule and incorporated herein as if written word for word. Lump sum fees shall be billed monthly based on the percentage of completion. Hourly not to exceed fees shall be billed monthly based on hours of work that have been completed. Direct Costs for expenses such as mileage, copies, scans, sub- consultants, and similar costs are included in fees and shall be billed as completed. Consultant agrees to submit statements to Town for professional services no more than once per month. These statements will be based upon Consultant's actual services performed and reimbursable expenses incurred, if any, and Town shall endeavor to make prompt payments. Each statement submitted by Consultant to Town shall be reasonably itemized to show the amount of work performed during that period. If Town fails to pay Consultant within sixty (60) calendar days of the receipt of Consultant's invoice, Consultant may, after giving ten (10) days written notice to Town, suspend professional services until paid. Nothing contained in this Agreement shall require Town to pay for any work that is unsatisfactory as reasonably determined by Town or which is not submitted in compliance with the terms of this Agreement. The Scope of Services shall be strictly limited. Town shall not be required to pay any amount in excess of the original proposed amount unless Town shall have approved in writing in advance (prior to the performance of additional work) the payment of additional amounts.