First Year Wage Adjustment Sample Clauses
The First Year Wage Adjustment clause establishes the terms for modifying employee wages during the initial year of employment or contract. Typically, this clause outlines the conditions under which wages may be increased or adjusted, such as after a probationary period, upon meeting certain performance metrics, or in response to cost-of-living changes. Its core practical function is to provide a clear framework for wage changes in the first year, ensuring both employer and employee understand when and how compensation may be reviewed or altered, thereby reducing uncertainty and potential disputes.
First Year Wage Adjustment. Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.
First Year Wage Adjustment. Effective July 1, 2019, all salary ranges and rates shall be increased by two and one quarter percent (2.25%) rounded to the nearest cent. Teachers shall convert to the new salary schedule as provided in Section 2.
First Year Wage Adjustment. Effective July 1, 2011, all salary ranges and rates shall remain the same as those in effect on June 30, 2011. These salary ranges and rates shall remain in effect from July 1, 2011 through January 1, 2013. The compensation grids for classes covered by this Agreement are contained in Appendix E-1.
First Year Wage Adjustment. Effective July 1, 2005, all salary ranges and rates shall be increased by two (2.0) percent, rounded to the nearest cent.
First Year Wage Adjustment. Effective July 1, 2007, all salary ranges and rates shall be increased by three and one-quarter (3.25) percent, rounded to the nearest cent. Effective July 1, 2007, all employees shall be assigned to the same relative salary step within the salary range for their respective class as specified in Appendices D and G except as set forth below. Effective July 1, 2007, employees whose salaries exceed the maximum of their salary range are not eligible for a salary increase under this Section.
First Year Wage Adjustment. Effective July 1, 2013, 2% across-the-board increase for all employees.
First Year Wage Adjustment. Effective September 21, 2005, all salary ranges and rates shall be increased by two (2.0) percent, rounded to the nearest cent. Effective September 21, 2005, all employees shall be assigned to the same relative salary step within the salary range for their respective class as specified in Appendix G except as set forth below. Effective September 21, 2005, all employees, including those employees whose rates of pay exceed the maximum rate of pay for their class shall receive a salary increase of two (2.0) percent.
First Year Wage Adjustment. Effective January 9, 2008, all salary ranges and rates shall be increased by three and one-quarter (3.25) percent, rounded to the nearest cent.