Salary Points Sample Clauses

Salary Points. The breakpoint is $109,734. At $1,222 per point, 1.419 Salary Points (calculated as (109,734-108,000) ÷ 1,222) would be required to increase the Member’s salary to the breakpoint of $109,734. Since the Member is awarded 2.4 Salary Points, 0.981 Salary Points remain, and these are applied at a value of $924 per point.
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Salary Points. 2.1 The following salary points before the commencement of this Agreement cease to exist on commencement:
Salary Points. Points may be earned for approved educational travel and related study undertaken in conformance with established procedures.
Salary Points. Performance-Based Anomaly Fund (PBAF) for Probationary and Tenured Members 44. A Performance-Based Anomaly Fund of $100,000 shall be established in 2001-2002.

Related to Salary Points

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Salary/Wages Grantee shall list personnel involved, position classification, direct salary rates, and hours spent on the Project in accordance with Attachment 3, Grant Work Plan in their documentation for reimbursement or match requirements.

  • Salary Sacrifice Employees may sacrifice their pre-tax earnings, subject to such arrangements being made for legitimate purposes such as additional superannuation contributions. The amount of salary sacrifice being deducted from pre-tax earnings shall be deducted from gross earnings with each pay period. Any such arrangements must be requested, varied or amended in writing, providing no les than one months notice to the Company. A Salary Sacrifice Request Form is attached as a schedule to this Agreement for this purpose. The Company recommends that employees seek independent financial advice prior to entering into salary sacrifice arrangement. The amount of any salary sacrifice income requested must be a fixed sum, without variation from one pay period to the next. The company shall implement employee requests to commence salary sacrifice arrangements at four (4) times a year, on the first full pay period on or after the 1st July, 1st October, 1st January and 1st April. Where adverse tax and/or superannuation changes occur, the Company or employee may terminate these salary sacrifice arrangements. Where a decision to terminate is made, employees will be given one month’s notice in writing.

  • SALARY RATES Section 12.1 The following shall apply to full-time employees:

  • Salary Payments For payroll purposes, the work week shall be defined as Monday through Sunday. In any school year, the dollar amounts on the first and last paychecks of the year may vary.

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