Pay Range Adjustment Clause Samples
A Pay Range Adjustment clause defines the process and criteria for modifying the salary range for a particular position or group of employees. Typically, this clause outlines when and how pay ranges may be reviewed, such as in response to market surveys, cost-of-living changes, or organizational restructuring. By establishing clear guidelines for adjusting compensation, the clause ensures that pay remains competitive and equitable, helping to address issues of employee retention and fairness.
Pay Range Adjustment. The board may make, in addition to general pay range changes negotiated between the board and the Union, adjustments in a pay range or ranges as it determines necessary to attract and hold competent personnel or to provide pay equity between the various classifications.
Pay Range Adjustment. Pay ranges will be reviewed annually in October, using the World at Work Index. If warranted, the pay ranges for covered job classifications will be adjusted effective January 1, 2014, January 1, 2015, January 1, 2016 and January 1, 2017.