Salary Pool. 1. Effective FY’21, July 1, 2020, the total salary pool for wage increases is 0%.
Salary Pool. 1 As noted below in paragraph (B)(2), the Fiscal Year 2021 merit increase will be paid on July 31, 2021 and the Fiscal Year 2022 merit increase will be paid on July 31, 2022. The salary increases will be applied to the ABS from a pool of funds ³VDSORDRUO\T´he salary pool for Fiscal Years 2021 and 2022 shall be in the amount of 3.0% for Fiscal Year 2021 and 2.5% for Fiscal Year 2022 of the total ABS for all negotiations-unit members eligible for merit increases as of the first full payroll period in December 2019 (for a Fiscal Year 2021 merit increase) and December 2020 (for a Fiscal Year 2022 merit increase). The 3.0% merit increase salary pool proposed by the University for Fiscal Year 2021 shall be deferred and not paid until July 31, 2021. The 2.50% merit increase salary pool proposed by the University for Fiscal Year 2022 shall be deferred and not paid until July 31, 2022. The salary pool available for merit salary increases within each School/Library will be based on the proportion of the total faculty ABS pool in each of the schools. It will be at the sole discretion of the Deans to manage the salary pool at the school level or to establish salary pools at the department level. If salary pools are established at the department level, it is up to the Department Chairperson whether or not to establish salary pools for each division. The entire amount of the merit salary pool must be awarded to eligible negotiations unit members. Should a negotiations unit member leave the University prior to the date of payment of the merit increase for that Fiscal Year, but subsequent to a determination of a merit increase for that negotiations unit member for that Fiscal Year, the amount of that merit increase shall not be reallocated to other negotiations unit members.
Salary Pool. The total salary pool for wage increases effective October 1, 2010 is 3.0% divided between across-the-board and merit pay base salary increases as described below. General eligibility requirements for across-the-board and merit pay base salary increases is as follows: A The employee must have completed six (6) months continuous employment in a permanent or funds available status position. B The employee must be employed by the University at the time of disbursement of the across-the-board and merit pay base salary increases.
Salary Pool. Upon request, the University shall provide the NJEA information concerning the reallocation.
Salary Pool. The salary increases will be applied to academic base salary from a pool of funds (“salary pool”). The salary pools for Fiscal Years 2016-2017 and 2017-2018 shall be in the amount of 2.125% of the total academic base salary for all negotiations unit members eligible for merit increases as of the first full payroll period in December 2015 for Fiscal Year 2016-2017 and December 2016 for Fiscal Year 2017-2018. It will be at the sole discretion of the Xxxx to manage the salary pool at the school level. The entire amount of the merit salary pool must be awarded to eligible negotiations unit members.
Salary Pool. During the first year of the Term only, the University shall provide Employee with a salary pool for salary adjustments for employees making under the median for pay in their classification. The Employee’s allocation of such salary pool shall be made in the best interest of the University and the Office of the Executive Vice President and Xxxxxxx and in a manner that is not arbitrary nor capricious. The amount of the salary pool and any allocations made thereunder shall be determined in consultation with the President and with consideration for national salary benchmarking data and employee performance, and in accordance with University policies, procedures and and other applicable resource allocation guidelines.
Salary Pool. I. The total salary pool for wage increases effective July I, 2014 is 2.0% allocated as an across-the• board base salary increase as described in Section 2.
