Pharmacists. Effective October 1, 1996 all pay rates applicable to Pharmacist classes in the bargaining unit shall be increased by $1.00 per hour prior to implementation of the 1.0% general increase previously agreed. Pharmacists shall be paid an additional 10 percent at all steps in the pay ranges effective October 1, 2005, prior to any across the board increase. Additionally, effective October 1, 2005 an optional signing bonus may be paid to attract eligible pharmacists who possess skills that are in high market demand. A one-time lump sum bonus of up to $2,500 may, at the employer’s option, be paid to new hires. Current employees are not eligible for the bonus. The bonus will only be paid to secure a commitment from a highly qualified candidate and when filling hard-to-fill positions. The employee must agree to pay back the entire bonus including tax withholding thereon, if the employee leaves the department within one year of the appointment. Payback remittances are owed and payable in full within 30 calendar days of the termination date. Such remittance shall be taken as a negative gross pay adjustment from the employee’s final pay warrant, if possible. The signing bonus is paid as a gross pay adjustment with the employee’s first pay warrant. Pharmacists with five (5) or more years of service as of November 1, 2006, will receive a one-time retention bonus. Such payment will be the gross sum of $1,500 made on the first pay date in December 2006.
Appears in 4 contracts
Samples: Labor Agreement, Labor Agreement, Health and Safety Agreement
