Salary discussion Sample Clauses

Salary discussion. 1. The employee‟s individual fixed total salary shall be increased on the basis of the salary discussion unless the discussion leads to the conclusion that this shall not be done. Individual fixed total salary shall refer to the employee‟s regular salary, which is paid in money on a monthly basis and includes the following:  Grade-based pay  A job-specific allowance complying with the pay system which was in force until 1 April 1999  Individual allowance  Equality allowance (1 Dec. 1994)  System-based allowance/surplus (the difference between the pay grades of 31 March 1999 and 1 April 1999)  Seniority incrementsOther allowances (“tails”) based on the collective agreement Any allowances related to the working conditions (including evening, night and shift supplements, stand-by, call-out and telephone call compensations, insurance examination increments, various performance and sales bonuses) shall not be regarded as individual fixed total salary. The inclusion of local allowances in individual fixed total salaries can be agreed with a member association of the Union of Insurance Employees in Finland.
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Salary discussion. The Contractor may not prohibit any of the Contractor’s employees from discussing the employee’s rate of wage, salary, benefits or other compensation with another employee or another person and may not retaliate against an employee who discusses the employee’s rate of wage, salary, benefits or other compensation with another employee or another person.
Salary discussion. Salary discussions must be held annually and on the employer's initiative. The discussion occurs between the salary setting manager and the salaried employee and is expected to cover:
Salary discussion. Salary discussions must be held annually and on the employer's initiative. The discussion occurs between the salary setting manager and the employee and is expected to cover: − a review of the salary criteria and principles that the setting of salaries is based on − a follow-up of set goals and the salary setting manager's assessment in other respects of the achieved results − a dialogue about the employee's salary level and salary developmentthe manager's proposal and justification for a new salary. There should be a natural connection between what is discussed in the development discussion and the salary discussion. The salary discussion is a dialogue where both the manager and salaried employee are expected to give their views on salary levels. The outcome of the salary discussion, the new salary, must be documented in writing. The starting point is that all employees through their duties and results contribute to the company's development, profitability and growth. The natural thing therefore is that employees receive a salary increase.

Related to Salary discussion

  • Annual Bonus Opportunity Your annual target bonus opportunity following the Effective Date will be 50% of your annual base salary (the “Target Bonus”). The Target Bonus shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. Your actual bonuses shall be based upon achievement of performance objectives to be determined by the Board in its sole and absolute discretion. Bonuses will be paid as soon as practicable after the Board determines that such bonuses have been earned, but in no event will a bonus be paid to you after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which such bonus is earned or (ii) March 15 following the calendar year in which such bonus is earned.

  • Bonus Opportunity The Company shall offer each year an incentive bonus compensation plan. Such plan will include an annual bonus target amount equal to at least 50% of the Executive’s annual base salary and shall contain such additional terms as determined by the Chief Executive Officer. The amount of any bonus payable to Executive in any year shall be based upon performance targets established in advance under the bonus plan and Executive’s achievement of such performance criteria.

  • Annual Salary Review In December of each year throughout the TERM, the annual salary of the EMPLOYEE shall be reviewed by the Boards of Directors of the EMPLOYERS and shall be set, effective January l of the following year, at an amount not less than $106,500, based upon the EMPLOYEE'S individual performance and the overall profitability and financial condition of the EMPLOYERS (hereinafter referred to as the "ANNUAL REVIEW"). The results of the ANNUAL REVIEW shall be reflected in the minutes of the Boards of Directors of the EMPLOYERS.

  • SALARY DETERMINATION FOR EMPLOYEES IN ADULT EDUCATION PCA Article B.3 does not apply in School District No. 34 (Abbotsford).

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Target Bonus For purposes of this Agreement, “Target Bonus” means the assigned bonus target for the Executive under any short-term incentive plan(s) of the Company, multiplied by his or her base salary, for the relevant fiscal year. If the Executive’s base salary is changed during the relevant fiscal year, the Target Bonus shall be calculated by multiplying the Executive’s assigned bonus target by the highest base salary in effect during that fiscal year.

  • Salary Review All salaries below the maximum of a band shall be reviewed annually.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • 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.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

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