July 2020 Remuneration Adjustments Sample Clauses

July 2020 Remuneration Adjustments. In line with the government expectations on pay restraint in the public service for 2020, there will be no movement to pay bands and step progression will be limited. Remuneration adjustments for 2020 will be applied in the following manner:
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July 2020 Remuneration Adjustments. In line with the government expectations on pay restraint in the public service for 2020, there will be no movement to pay bands and step progression will be limited. Remuneration adjustments for the 2020 will be applied in the following manner: Pay Progression and Outstanding Performer Those in bands up to and including J7, PDS4 and ICT3 will receive the following step progression: 85-99% receive 2 steps; e.g. 99% moves to 103% 101-109% receive 1 step; e.g. 103% moves to 105% 111% - 120% receive $1,000 lump sum payment in lieu of step progression (i.e. no change to salary). Any staff in the above bands in receipt of an Outstanding Performer rating for 2019/20 will receive an additional step if between 85% and 109% of band; or if they are between 111% and 120% (or 115% if on a grand-parented band) they will receive 1% of midpoint of the band paid as a lump sum. Pay Progression will not apply where: o An employee is employed by the Ministry after 1 April 2020;
Sample 1
July 2020 Remuneration Adjustments. In line with the government expectations on pay restraint in the public service for 2020, there will be no movement to pay bands and step progression will be limited. Remuneration adjustments for 2020 will be applied in the following manner: Formatted: Indent: Left: 1.27 cm Formatted: Font: (Default) Arial Formatted: Font: (Default) Arial, English (United Kingdom) Formatted: Heading 3, No bullets or numbering
Sample 1

Related to July 2020 Remuneration Adjustments

  • Compensation Adjustments Any compensation agreed to hereunder may be adjusted from time to time by mutual agreement by attaching revised Schedules A or B to this Agreement.

  • Certain Adjustments The Exercise Price and number of Warrant Shares issuable upon exercise of this Warrant are subject to adjustment from time to time as set forth in this Section 9.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Pay Adjustments (1) Where the rate of pay of a position or job is adjusted upwards, the employee shall be placed on the lowest step of the new pay range which will give him/her a monthly increase and the increment anniversary shall be that date.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable. SCHEDULE D SPECIAL DISTRIBUTION SERVICES AND FEES Services Fees

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Budget Adjustments The Grantee shall submit the Budget Adjustment Request [TJJD-FIS-304] to the Department for any adjustment to the original budget. The Grantee must receive written or electronic approval from the Department prior to expending the funds.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

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