Common use of Market Equity Salary Increases Clause in Contracts

Market Equity Salary Increases. Effective August 8, 2007, the University shall provide an amount equal to percent ( %) of the May 6, 2007 base salary of all employees for market equity salary increases. This amount is defined herein as the Available Market Equity for the University. Market equity increases shall be distributed according to the following criteria and procedures.

Market Equity Salary Increases. Effective August 8, 20072009, for 2009-2010 year, the University shall provide an amount equal to one-half of one percent ( (0.5%) of the May 6, 2007 2009 base salary of all employees for market equity salary increases. This amount is defined herein as the Available Market Equity for the University. Market equity increases shall be distributed according to the following criteria and procedures.

Market Equity Salary Increases. Effective August 8, 20072005, for 2005-2006 year, the University shall provide an amount equal to one-half of one percent ( (0.5%) of the May 6July 31, 2007 2005 base salary of all employees for market equity salary increases. This amount is defined herein as the Available Market Equity for the University. Market equity increases shall be distributed according to the following criteria and procedures.