One-time Base Salary Inversion Adjustment Sample Clauses

One-time Base Salary Inversion Adjustment. ‌ On November 12, 2023, the University will make a one-time base salary adjustment as follows: The base salary of a Full Professor shall be adjusted if it is less than the average salary (“the average”) of the two most recently hired Assistant Professors within the same primary teaching discipline or the average salary of the two most recently hired or promoted Associate Professors within the same primary teaching discipline. The adjustment will equalize a Full Professors salary to whichever average is higher. The base salary of an Associate Professor shall be adjusted if it is less than the average salary (“the average”) of the two most recently hired Assistant Professors within the same primary teaching discipline. The adjustment will equalize an Associate Professor’s salary to the average. The base salary of an Assistant Professor shall be adjusted if it is less than the average salary (“the average”) of the two most recently hired Assistant Professors within the same primary teaching discipline. The adjustment will equalize an Assistant Professor’s salary to the average. The base salary of an Assistant Professor of Professional/Clinical Practice shall be adjusted if it is less than the average salary (“the average”) of the two most recently hired Assistant Professors of Professional/Clinical Practice within the same primary teaching discipline. The adjustment will equalize an Assistant Professor’s salary to the average. The base salary of a University Librarian shall be adjusted if it is less than the average salary (“the average”) of the two most recently hired Assistant Librarians or the average salary of the two most recently hired or promoted Assistant Librarians. The adjustment will equalize a University Librarian’s salary to whichever average is higher. The base salary of an Associate Librarian shall be adjusted if it is less than the average salary (“the average”) of the two most recently hired Assistant Librarians. The adjustment will equalize an Assistant Librarian’s salary to the average. The base salary of an Assistant Librarian shall be adjusted if it is less than the average (“the average”) of the two most recently hired Assistant Librarians. The adjustment will equalize an Assistant Librarian’s salary to the average. The base salary of an Instructor or Lecturer shall be adjusted if it is less than the average salary (“the average”) of the two most recently hired Instructors or Lecturers. The adjustment will equalize an Instructor or Lectu...
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Related to One-time Base Salary Inversion Adjustment

  • 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.

  • 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.

  • 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.

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