Experience Movement Sample Clauses
The Experience Movement clause defines how changes in experience, such as claims history or loss ratios, affect the terms or pricing of an agreement, typically in insurance or service contracts. It outlines the process for reviewing and adjusting premiums, fees, or other contract elements based on actual performance data over a specified period. This mechanism ensures that the contract remains fair and responsive to real-world outcomes, helping to allocate risk more accurately between the parties and prevent significant imbalances due to unforeseen events.
Experience Movement. The District shall grant the experience step movement annually, on July 1 of each year.
Experience Movement. In all other years, except as otherwise specifically provided in this Agreement, completion of one full year of continuous, full time employment in the District shall entitle a teacher to move down one step on the salary schedule (unless the employee is placed on remediation pursuant to Article 24A of the Illinois School Code as amended). Each teacher who is at an experience step below the cutoff point of the index column on the schedule shall be frozen at that step. If a teacher who is frozen moves across the schedule to a new column, that teacher may move down one step to reflect the year’s earned experience. However, in no event may a teacher in any given year move down more than one step on the schedule for experience.
Experience Movement. Except as otherwise specifically provided in this Agreement, completion of one full year of continuous, full-time employment in the District shall entitle a teacher to move down one step on the salary schedule. Each teacher who is at an experience step below the cutoff point of the index column on the schedule shall be frozen at that step. If a teacher who is frozen moves across the schedule to a new column, that teacher may move down one step to reflect the year’s earned experience. However, in no event may a teacher in any given year move down more than one step on the schedule for experience.
Experience Movement. 510 The District shall grant the experience step movement annually, on July 1 of each 511 year. 512 9.5 513 514 515 516 517 518 9.6 519 520 521 522 523 524 9.7 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 9.8 543 544 545 9.9 546 547 Initial Salary Schedule Placement Initial column placement shall be determined by the Superintendent or designee. Initial placement into a salary column shall be based on upper division and graduate units, with one semester unit equivalent to one and one-half quarter units. Units for placement must have been earned subsequent to receiving the Bachelor’s degree.
Experience Movement. 494 The District shall grant the experience step movement annually, on July 1 of each 495 year.
Experience Movement. Completion of a minimum of one-hundred-thirty-five (135) school days or a full year of continuous, full time employment in the District shall entitle a teacher to move down one step on the salary schedule. Each teacher who is at an experience step below the cutoff point of the index column on the schedule shall be frozen at that step.
Experience Movement. Completion of a minimum of ninety (90) school days or a full year of continuous, full time employment in the District shall entitle a Teacher to move down one step on the salary schedule.