Salary Increase Guidelines Sample Clauses

Salary Increase Guidelines. For multi-year grants, please use the following salary increase guidelines: 3% for faculty 3% for professional staff and postdocs 2.5% for graduate students 2% per year for undergraduate students **These figures are used for budget planning only and are subject to change. College policy ultimately determines actual salary increases. You should also be aware of any salary limits set by the sponsoring agency to which you are applying.
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Salary Increase Guidelines. The pay decision of reach individual will be in line with Exelon’s Salary Increase Guidelines shown on the following chart and will be in the form of a: Base salary increase Lump sum payment Combination (base salary increase and lump sum payment) No increase (zero percent) EXHIBIT A Memorandum of Understanding Attachment C Salary Increase Guidelines Salary increase guidelines are as follows: 2007 Salary Increase Guidelines Performance Category Salary Increase Range Base Pay Compared to Market Reference / Salary Range A / 3 Exceptional Performer 0% - 7% High in MRR – Combination or Lump Sum Medium in MRR – Combination or Base Salary Increase Low in MRR – Base Salary Increase B / 2 Significant / Solid Contributor 0% - 5% High in MRR – Combination, Lump Sum, or no increase Medium in MRR – Combination or Base Salary Increase Low in MRR – Base Salary Increase C / 1 Does Not Meet Expectations / Marginal / Lower Performer 0% 0% Consider a lump sum award as an alternative or in addition to a base salary increase when an employee is: Over or near the high end of the market reference / salary range. High in the salary grade as compared to peers (when market data is not available). Consider no increase (zero percent) or a lump sum award when: A base salary increase would place the employee over the high end of the market reference range or, when market data is not available, too high in the salary range as compared to peers. An employee is near the salary grade maximum. Until MRR’s are implemented, the salary grade maximum represents the absolute maximum pay for a position within the salary grade. Therefore, a base salary increase that would place the employee over the salary grade maximum is not permitted. No salary increase (base pay or lump sum) is allowed for “C / 1” performers. In the case of an employee transfer during the salary planning period, the previous manager and new manager should confer on the salary increase decision, if applicable. Salary adjustments will be effective March 1. EXHIBIT A Memorandum of Understanding Attachment C Eligibility for Salary Increase The classifications of employees listed below are NOT eligible for a salary increase (base lump nor lump sum award): Received a Year-End Performance Rating of “C / 1” for the preceding year. Hired after December 1 of the preceding year. Notified of severance-related termination, with a separation date after December 31 of the preceding year. Received a salary adjustment after December 1 of the p...
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Salary Increase Guidelines. For multi-year grants, please use the following salary increase guidelines: 3% for faculty 3% for professional staff and postdocs 2.5% for graduate students 2% per year for undergraduate students **These figures are used for budget planning only and are subject to change. College policy ultimately determines actual salary increases. You should also be aware of any salary limits set by the sponsoring agency to which you are applying. B. Faculty Salaries • Each calendar year (January 1 – December 31) Xxxxx faculty may request up to 2/9ths supplemental salary from externally sponsored support, to be taken during the summer months. Salary requests during the academic year may only be sought if a course release(s) or other leave is approved by their department and the Office of the Xxxxxxx/Xxxx of the Faculty. Course releases are calculated on a pro rata basis; each course release should normally be included in a grant budget as 1/5 of annual salary (plus benefits) for those at full-time status, unless otherwise approved by the Associate Xxxxxxx. • School for Social Work faculty may request up to 20% supplemental salary from externally sponsored support.
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Related to Salary Increase Guidelines

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • Salary Increase 46.01 Effective July 1, 2020 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2021 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2022 an increase equal to 1% will be added to the job rates and to the salaries of all employees.

  • General Salary Increase 1. Effective with the start of the pay week commencing closest to September 1, 2013, employees shall be provided an across-the-board salary increase of one percent (1%). Salary schedules shall be increased accordingly.

  • Salary Increments The Employer may grant an increment for meritorious service after an Employee has served for a period of twelve (12) months following the day established in Article 25.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 25.04, 25.05, or 25.06.

  • 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.

  • Salary Schedule The scale of remuneration set out in Schedule "A" shall apply during the term of this Agreement. Any changes in salary rates or the classifications as outlined in Schedule "A" shall not be put into effect until the Union Business Representative has been consulted.

  • Status of Salary Schedule The salary schedules are not to be construed as part of a teacher’s continuing contract. In the event a successor Agreement is not entered into prior to the expiration date of this Agreement, a teacher shall be compensated according to the previous year’s compensation until such time that a successor Agreement is executed.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Increment Date for Salary Grid Placement Upon achieving one (1) year of experience, an increment shall be awarded on the first of the month following the month in which the experience accumulation is earned.

  • Promotion Increases (a) Promotion salary increases shall be granted in an amount equal to 9.0% of the employee’s previous year’s base salary rate in recognition of promotion to one of the ranks described below:

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