Promotion Pay Increase Sample Clauses

Promotion Pay Increase a) When a promotion occurs, the employee concerned shall be placed in that position within the employee’s new pay level which reflects an increase in pay which shall be no less than one (1) step in the level from which the employee was promoted or to the bottom of the new pay level, whichever is the greater. Example 1: Employee is currently at Level B3, Step 5 moving to Level B4 position. Employee would be moved from Level B3, Step 5 to B3, Step 6. The pay rate from this move would be used to place them into level B4 at the closest higher rate to B3, Step 6. Example 2: Employee is currently at Level B3, Step 7 (highest Step in this Level) moving to Level B4 position. B3 Step 7 minus (-) B3 Step 6 = difference. Add this difference to B3, Step 7 rate and the result is the new rate to be applied at the next highest rate in B4.
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Promotion Pay Increase. An employee, when promoted from one class to another, shall receive the salary of the higher class which is next above the dollar amount of the salary being received in the lower class. In any event, the increase shall be no less than two and one-half percent (2.5%). Promotion shall be deemed to mean reassignment to a position which is on a higher range of the salary schedule.
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Promotion Pay Increase a) When a promotion occurs, the employee concerned shall be placed in that position within the employee’s new pay level which reflects an increase in pay which shall be no less than one (1) step in the level from which the employee was promoted or to the bottom of the new pay level, whichever is the greater. Example 1: Employee is currently at Level B3, Step 5 moving to Level B4 position. Employee would be moved from Level B3, Step 5 to B3, Step
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Related to Promotion Pay Increase

  • Pay Increases a) The pay rates prescribed under Clause 2 above will be increased by the amount of the increase as handed down by the Australian Fair Pay Commission each year during the term of this agreement.

  • 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:

  • Pay Increments 44.5.1 Except as provided in sub-clauses 44.5.4 and 44.5.5 of clause 44.5 an employee holding an appointment at one of the classification levels listed in Schedule 1 of this Agreement shall be granted pay increments on completion of the applicable pay increment period until he reaches the maximum rate in the scale of rates for the classification level to which he is appointed.

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

  • 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.

  • Periodic Increases Periodic increases are provided as follows:

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