- Revised Compensation Schedule Sample Clauses

- Revised Compensation Schedule. ‌ The following general increases in salaries shall be implemented on the dates indicated: Effective July 1, 2020 3.00 percent across-the-board Effective July 1, 2021 3.00 percent across-the-board Effective July 1, 2022 3.00 percent across-the-board Each Pay Grade’s minimum and maximum rates shall also be increased by the above general increase amounts effective July 1, 2020 and there shall be no pay progression step increases as provided in Section 27.02 (Pay Progression Step Increases) during the life of this Agreement. Each Pay Grade’s minimum and maximum rates shall remain unchanged on July 1, 2021 and July 1, 2022. Employees whose salaries are limited by the maximum salary rate of the applicable range shall receive the amount over the maximum in a lump sum payment.