Salary Preference Clause Samples

The Salary Preference clause establishes an employee's stated choice or priority regarding their salary structure or payment options. Typically, this clause outlines whether the employee prefers a fixed salary, performance-based pay, or other compensation arrangements, and may specify the frequency or method of payment, such as direct deposit or check. Its core function is to ensure that both employer and employee are aligned on compensation expectations, reducing misunderstandings and facilitating smooth payroll administration.
Salary Preference. In order to maintain an employee’s salary as closely as possible, an employee will be offered the first available bumping option the Head of HR or designate has determined the employee to be qualified for. The bumping option will be offered in the following order: To bump laterally in their own locality To bump in their same occupation and classification level and different locality To bump laterally in a different locality To bump downward: in the same locality in a different locality
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Salary Preference. In order to maintain the employee’s salary as closely as possible, the employee will be offered the first available bumping option the Chair has determined the employee to be qualified for. The bumping option will be offered in the following order:
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Salary Preference a) The employee will be offered the first available bumping option from the following in order: 1) To bump laterally within a series of occupations having the same maximum hourly rate of pay for which the Joint Committee has determined the employee to be qualified in his own locality. 2) To bump within his own occupation in another locality. 3) To bump laterally within a series of occupations having the same maximum hourly rate of pay for which the Joint Committee has determined the employee to be qualified in another locality. 4) To bump downward in a series of occupations for which the Joint Committee has determined the employee to be qualified in his own locality. 5) To bump downward in a series of occupations for which the Joint Committee has determined the employee to be qualified in another locality.
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Salary Preference. The employee will be offered the first available bumping option from the folllowing in order: a) To bump laterally within a series of classes having the same maximum hourly rate of pay for which the Joint Committee has determined the employee to ‘be qualified in his own locality. b) To bump within his own class in another locality. c) To bump laterally within a series of classes having the same maximum hourly rate of pay for which the Joint Committee has determined the employee to be qualified in another locality. To ‘bump downward in a series of classes for which, the Joint Committee has determined the employee to be qualified in his own locality.
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Related to Salary Preference

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

  • Salary Payments Salaries shall be paid fortnightly by direct credit to the employee’s nominated bank account except that individual employees may on religious or ethical grounds apply in writing to the Secretary for Education to be paid by cheque.

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions: (A) Deductions from a salaried employee's salary may be made for any workweek in which the salaried employee performs no work. (B) Deductions from a salaried employee's salary may be made when the employee absents himself from work for a full day or days for personal reasons, other than sickness or accident. This provision shall not prevent appropriate deductions from being made from any employee's vacation leave balance pursuant to Article 11 of this Agreement for absences of less than a day for personal reasons, other than sickness or accident. (C) Deductions from an employee's salary may be made when a salaried employee absents himself from work for a day (or days) for sickness or accident disability in accordance with the provisions of Articles 13 and 14 of this Agreement. (D) Deduction in a salaried employee's salary may be made for the initial or terminal week of the salaried employee if the salaried employee fails to work the entire workweek.

  • Salary and Bonus 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.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.