Common use of Equity Adjustments (Pilot) Clause in Contracts

Equity Adjustments (Pilot). Upon request of the Appointing Authority, MMB may make equity adjustments and advance incumbents within a range, and/or provide a one-time lump sum of no more than $2,500 to an individual at the top of their salary range, to maintain internal equity. Only those with documented “satisfactory” or better performance are eligible for an equity adjustment. • Any request for an adjustment under this section must include an explanation of the inequity, and documentation to support an equity adjustment for an incumbent. • This provision is not subject to the grievance or arbitration process. This provision becomes effective upon the contract’s successful ratification by the legislature, and will sunset upon the legislature’s ratification of the 2021 – 2023 contract.

Appears in 3 contracts

Samples: Agreement, Agreement, www.leg.mn.gov

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Equity Adjustments (Pilot). Upon request of the Appointing Authority, MMB may make equity adjustments and advance incumbents within a range, and/or provide a one-time lump sum of no more than $2,500 to an individual at the top of their salary range, to maintain internal equity. Only those with documented “satisfactory” or better performance are eligible for an equity adjustment. • Any request for an adjustment under this section must include an explanation of the inequity, and documentation to support an equity adjustment for an incumbent. • This provision is not subject to the grievance or arbitration process. This provision becomes effective upon the contract’s successful ratification by the legislature, and will sunset upon the legislature’s ratification of the 2021 2023 2023 2025 contract.

Appears in 2 contracts

Samples: Agreement, Agreement

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