Merit Increase Calculation Sample Clauses

Merit Increase Calculation. The amount of a merit salary increase paid on July 31, 2021 and July 31, 2022, if any, that may be awarded shall be at least 1.0% of the negotiations unit member’s ABS.2 A negotiations unit member may receive a merit salary increase of up to 6.0% of the negotiations unit member’s ABS. If eligible, all salary increases shall be calculated based upon the negotiations unit member's ABS as of the date prior to the effective date of the merit increase (e.g., July 30, 2021 for a July 31, 2022 merit increase). Merit increases, if any, shall be given before a determination is made as to whether the resulting new ABS is at or higher than the new CABS for the employee’s particular rank and title, or if an additional salary increase is required to bring the ABS to the CABS for that rank and title. Recommendations for merit increases will be made first by the division chief (if applicable), and submitted to the department chair, then to the appropriate xxxx, and to the Chancellor. The Chancellor will forward all recommendations to the President for final approval. No negotiations unit member will be notified of the merit increase prior to the President’s approval.
Sample 1
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Merit Increase Calculation. The amount of a merit salary increase, if any, that may be awarded shall be at least 1% of the Program Director’s academic base salary. A Program Director may receive a merit salary increase of up to 5% of the Program Director’s academic base salary. If eligible, all salary increases shall be calculated based upon the unit member's academic base salary as of the date prior to the effective date of the merit increase (June 30, 2016 for Fiscal Year 2016-2017 and June 30, 2017 for Fiscal Year 2017-2018). Merit increases, if any, shall be given before a determination is made as to whether the resulting new academic base salary is at or higher than the new minimum of the applicable salary range, or if an additional salary increase is required to bring the academic base salary to the minimum of the range. Recommendations for merit increases will be made first by the department chair, then to the appropriate xxxx, and to the Chancellor. The Chancellor will forward all recommendations to the President for final approval. No Program Director will be notified of the merit increase prior to the President’s approval. Performance Evaluation Process On an annual basis, each negotiations unit member shall be assessed and evaluated as to professional competence in the performance of his/her duties over the year in question. The evaluation will include a written summary statement of the Program Director. The merit salary increase, if any, is informed by the performance evaluation rating. Merit increases shall be informed solely by the unit member's performance during the evaluation period (date of last evaluation through date of current evaluation) preceding the effective date of the increase. There shall be an appeal procedure for a rating of “Other Than Satisfactory (Below Satisfactory or Needs Improvement)” on performance evaluations of negotiations unit members conducted for Fiscal Year 2017-2018 (same as procedure in Article XII - Compensation).
Sample 1
Merit Increase Calculation. The amount of a merit salary increase paid on July 31, 2021 and July 31, 2022, if any,
Sample 1

Related to Merit Increase Calculation

  • Pricing Increase Requests Subsequent to the first twelve (12) months of the Contract term and in accordance with the schedule for price adjustments established by OGS, Contractor may request an increase in the pricing contained in the Centralized Contract by submitting an update request based on change in pricing level as contained in Appendix C, Contract Modification Procedure to the OGS Contract Administrator. With any price increase request, in addition to the requirements contained in Appendix C, the Contractor must certify in writing that the price change for the Services is the same as its pricing in its GSA Supply Schedule, and that Contractor documents the request to the satisfaction of the State.

  • Merit Increases (a) Subject to documented assessment and performance review undertaken pursuant to the Performance Management System, an employee on anniversary date may be granted an increase of up to five pay increments in the pay scale, not to exceed the control point maximum.

  • FUNDING INCREASE 1. The Commonwealth shall notify the Grantee in writing of any funding increases under this Agreement.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will:

  • ANNUAL INCREMENT (1) Staff shall be entitled to an annual increment which shall be negotiated with the Union annually.

  • Periodic Increases Periodic increases are provided as follows:

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • Step Increase Employees shall move to the next step of the salary schedule, only when agreed to specifically by parties in contract negotiations. If a step increase is provided, it shall be granted to those employees who receive an overall performance evaluation rating of “Effective” or higher. An employee who receives an overall performance evaluation of less than “Effective” shall not be eligible for the Board approved step increase; however, if the affected employee receives an overall performance evaluation of “Effective” or higher for the succeeding year he/she shall be granted the withheld step but not on a retroactive basis.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

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