Increment Anniversary Date Sample Clauses
The Increment Anniversary Date clause establishes a specific date each year on which certain contractual increments, such as salary increases or benefit enhancements, take effect. Typically, this date is set at the anniversary of an employee’s hire date or the commencement of the agreement, and it governs when adjustments are applied regardless of when the contract was originally signed. By standardizing the timing of increments, this clause ensures consistency and predictability for both parties, preventing confusion over when changes should be implemented.
POPULAR SAMPLE Copied 1 times
Increment Anniversary Date. A promotion shall not change an employee’s increment anniversary date. (Reference Article 12 – Anniversary Date and Increments.)
Increment Anniversary Date. Subject to the provisions of Article 32 – General Leaves of Absence, a regular employee’s initial date of current employment with the Employer as a regular employee shall be his or her anniversary date for the purpose of determining an employee’s entitlement to an increment based on a year’s length of service and benefits.
Increment Anniversary Date. A promotion shall change an employee’s increment anniversary date to the date of the promotion. The employee on a promotion shall go to the start rate for the new classification.