Promotions and Salary Adjustments Sample Clauses

Promotions and Salary Adjustments. For Review Periods 1-3 below, the Company will spend at least one half of one percent (0.5%), and for Review Periods 4-7, it will spend at least one and one half percent (1.5%), of the total unit salaries as of the computation date of the review period on either adjustments in salary accompanied by a change in classification (promotion), or adjustments in salary outside of the annual salary review (Out of Sequence Selective Adjustment), or any combination of the two. In the event less than the applicable minimum percentage is spent during the review period, the delta between the actual expenditure and the applicable minimum percentage will be added to the next salary adjustment fund. The minimum promotion increase will be $2,500. There will be no selective adjustments or in-line promotions outside the competitive job selection process during the period scheduled by the Company for salary review (typically January 1 through mid-April). Review Period Start Date Computation Date End Date 1 January 1, 2020 December 31, 2019 December 31, 2020 2 January 1, 2021 December 31, 2020 December 31, 2021 3 January 1, 2022 December 31, 2021 December 31, 2022 4 January 1, 2023 December 31, 2022 December 31, 2023 5 January 1, 2024 December 31, 2023 December 31, 2024 6 January 1, 2025 December 31, 2024 December 31, 2025 7 January 1, 2026 December 31, 2025 December 31, 2026
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Promotions and Salary Adjustments. 30 For each review period below, the Company will spend at least one half of one percent (0.5%) of the total 32 unit salaries as of the computation date of the review period on either adjustments in salary accompanied 33 by a change in classification (promotion); or adjustments in salary outside of the annual salary review 34 (Out of Sequence Selective Adjustment) or any combination of the two. In the event less than 0.5% is 35 spent during the review period, the delta between the actual expenditure and 0.5% will be added to the 36 next salary adjustment fund. The minimum promotion increase will be $3,500. 37 38 There will be no selective adjustments or in-line promotions outside the competitive job selection process 39 during the period scheduled by the Company for salary review (typically January 1 through mid-April). 40 41 Review Period Start Date Computation Date End Date 42 43 One December 2, 2008 January 30, 2009 December 31, 2009 44 Two January 1, 2010 January 29, 2010 December 31, 2010 45 Three January 1, 2011 January 28, 2011 December 31, 2011 46 Four January 1, 2012 January 27, 2012 October 6, 2012 47
Promotions and Salary Adjustments. For each review period below, the Company will spend at least one half of one percent (0.5%) of the total unit salaries as of the computation date of the review period on either adjustments in salary accompanied by a change in classification (promotion); or adjustments in salary outside of the annual salary review (Out of Sequence Selective Adjustment) or any combination of the two. In the event less than 0.5% is spent during the review period, the delta between the actual expenditure and 0.5% will be added to the next salary adjustment fund. The minimum promotion increase will be $2,500. There will be no selective adjustments or in-line promotions outside the competitive job selection process during the period scheduled by the Company for salary review (typically January 1 through mid-April). Review Period Start Date Computation Date End Date One December 2, 2008 January 30, 2009 December 31, 2009 Two January 1, 2010 January 29, 2010 December 31, 2010 Three January 1, 2011 January 28, 2011 December 31, 2011 Four January 1, 2012 January 27, 2012 October 6, 2012
Promotions and Salary Adjustments. 26 For each review period below, the Company will spend at least one half of one percent (0.5%) of the total 27 unit salaries as of the computation date of the review period on either adjustments in salary accompanied 28 by a change in classification (promotion); or adjustments in salary outside of the annual salary review (Out 29 of Sequence Selective Adjustment) or any combination of the two. In the event less than 0.5% is spent 30 during the review period, the delta between the actual expenditure and 0.5% will be added to the next 31 salary adjustment fund. The minimum promotion increase will be $2,500. 32 33 There will be no selective adjustments or in-line promotions outside the competitive job selection 34 process during the period scheduled by the Company for salary review (typically January 1 through 35 mid-April).
Promotions and Salary Adjustments. 35 36 For Review Periods 1-3 below, the Company will spend at least one half of one percent 37 (0.5%), and for Review Periods 4-7, it will spend at least one and one half percent (1.5%), of 38 the total unit salaries as of the computation date of the review period on either adjustments 39 in salary accompanied by a change in classification (promotion), or adjustments in salary 40 outside of the annual salary review (Out of Sequence Selective Adjustment), or any 41 combination of the two. In the event less than the applicable minimum percentage 42 is spent during the review period, the delta between the actual expenditure and the 43 applicable minimum percentage will be added to the next salary adjustment fund. The 44 minimum promotion increase will be $2,500. 45 46 There will be no selective adjustments or in-line promotions outside the competitive job 47 selection process during the period scheduled by the Company for salary review (typically 48 January 1 through mid-April). 49 50 51 52 53 54 55 56 Section 11.8 1 Review Period Start Date Computation Date End Date 1 January 1, 2020 December 31, 2019 December 31, 2020 2 January 1, 2021 December 31, 2020 December 31, 2021 3 January 1, 2022 December 31, 2021 December 31, 2022 4 January 1, 2023 December 31, 2022 December 31, 2023 5 January 1, 2024 December 31, 2023 December 31, 2024 6 January 1, 2025 December 31, 2024 December 31, 2025 7 January 1, 2026 December 31, 2025 December 31, 2026 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Part-Time Employees. Any employee whose work schedule consists of 18 a seven-day cycle with fixed days and hours of work that are less than 40 hours over a 19 regular workweek, or a fourteen-day cycle with fixed days and hours of work that are 20 less than 80 hours over two (2) regular workweeks, and is not on a Category 2 Schedule, 21 shall be considered as a part-time employee and shall be subject to all provisions of this 22 Agreement except as otherwise provided in (1) through (5) below. 23
Promotions and Salary Adjustments 

Related to Promotions and Salary Adjustments

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  • Salary and Bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

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