Equivalent Increase Clause Samples

Equivalent Increase. This term means an increase in an employee’s rate of basic pay which is equal to or greater than the amount of one within-grade increase. An equivalent increase is based on the step rate held by the employee before his/her advancement to the next step of the grade of his/her position. An equivalent increase does not include: 1. A statutory pay adjustment, 2. The periodic adjustment of a wage schedule, 3. The establishment of special salary rates, 4. A quality step increase or other incentive award, 5. A temporary or term promotion when returned to the permanent grade or step, or 6. An increase resulting from placement of an employee in a supervisory or management position who does not satisfactorily complete a probationary period under 5U.S.C. S.3321 (a)(2).
Equivalent Increase. This means an increase in an employee’s rate of basic pay which is equal to or greater than the amount of one within-grade increase. An equivalent increase is based on the step rate held by the employee before their advancement to the next step of the grade of his or her position. An equivalent increase does not include: 1. A statutory pay adjustment, 2. The periodic adjustment of a wage schedule, 3. The establishment of an above-minimum entrance rate or special salary rate, 4. A quality step increase or other incentive award, 5. A temporary or term promotion when returned to the permanent grade or step, 6. An increase resulting from placement of an employee in a supervisory or management position who does not satisfactorily complete the probationary period under 5 USC § 3321(a)(2), and 7. An interim within-grade increase terminated under 5 CFR 531.414(c).