Performance-Based Salary Increase Clause Samples
A Performance-Based Salary Increase clause establishes that employee salary adjustments are directly tied to the achievement of specific performance metrics or goals. Typically, this clause outlines the criteria for evaluating employee performance, such as meeting sales targets, completing projects ahead of schedule, or receiving positive performance reviews, and specifies the process and timing for salary reviews. Its core function is to incentivize employees to excel in their roles by linking compensation to measurable outcomes, thereby aligning individual performance with organizational objectives and ensuring fairness and transparency in salary adjustments.
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Performance-Based Salary Increase. A performance-based salary increase (PBSI) is movement between steps or half-steps in the salary range, up to the maximum of the range as set forth in Appendix A, or a one-time lump sum bonus, based upon individual merit and effective employee performance as determined by the President. A PBSI shall be a permanent increase to an employee’s base salary or a one-time lump sum bonus based on a percentage of the employee’s actual annual gross salary. An employee may receive a PBSI in addition to an SBSI under provisions 21.5 through 21.8 above or at any time at the sole discretion of the President. The amount of funds dedicated to providing PBSIs shall be subject to negotiations between the parties. The decision to grant or deny a PBSI, including the number of steps granted and/or the amount of a bonus, is at the discretion of the President and shall not be subject to Article 7,
Performance-Based Salary Increase. All Unit 1 employees with an annual overall performance evaluation rating above satisfactory or its equivalent will receive a Performance-Based Salary Increase (PBSI) for those fiscal years in which a PBSI is provided pursuant to provision
Performance-Based Salary Increase. Campuses may award salary increases for meritorious performance from campus funds at any time. These salary increases may be in the form of permanent increases to salary rates or one-time bonuses. However, in no case may an employee’s salary rate exceed the maximum of the range on the salary schedule for the employee’s range and classification. Such awards are solely at the discretion of the President and shall not be subject to the Grievance Procedure.
Performance-Based Salary Increase. A performance-based salary increase (PBSI) is movement between steps or half-steps in the salary range, up to the maximum of the range as set forth in Appendix A, or a one-time lump sum bonus, based upon individual merit and effective employee performance as determined by the President. A PBSI shall be a permanent increase to an employee’s base salary or a one-time lump sum bonus based on a percentage of the employee’s actual annual gross salary. An employee may receive a PBSI in addition to an SBSI under provisions 21.5 through 21.7 above or at any time at the sole discretion of the President. The amount of funds dedicated to providing PBSIs shall be subject to negotiations between the parties. The decision to grant or deny a PBSI, including the number of steps