Common use of Step Plan Clause in Contracts

Step Plan. Employees on a step range will be eligible to receive periodic step increments upon the accrual of twenty-six (26) accruable pay cycles. The hourly rate of employees will be automatically increased “one step increment” on their periodic increment date through step 6 of the pay range, while increases to steps above step 6 will be for merit which shall be defined as employee having satisfactorily met a majority of their goals and demonstrated performance competency expectations as so indicated by the Supervisor on their End-of-Year Performance Review and confirmed at the time of merit increase. Employees will be eligible for step increases on the first day following the accrual of twenty-six accruable pay cycles. Such consideration shall be given annually until an employee reaches the maximum step of the salary range. For purposes of this section, “one-step increment” is defined as follows: For compensation grade profiles identified with “Inc 2”, one step increment will be defined as advancing incrementally by either even-numbered or odd-numbered steps depending on their position on the pay range, with the last possible step being the highest step in the range. (Example: Depending on the employee’s initial position on the pay range, employees on Step 01 would advance incrementally to steps 03, 05, 07, 09, and 10 and employees on Step 02 would advance incrementally to steps 04, 06, 08 and 10.)

Appears in 3 contracts

Samples: Contract, Contract, Contract

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Step Plan. Employees on a step range will be eligible to receive periodic step increments upon the accrual of twenty-six (26) accruable pay cycles. The hourly rate of employees will be automatically increased “one step increment” on their periodic increment date through step 6 of the pay range, while increases to steps above step 6 will be for merit which shall be defined as employee having satisfactorily met a majority of their goals and demonstrated performance competency expectations as so indicated by the Supervisor on their End-of-Year Performance Review and confirmed at the time of merit increase. Employees will be eligible for step increases on the first day following the accrual of twenty-twenty- six accruable pay cycles. Such consideration shall be given annually until an employee reaches the maximum step of the salary range. For purposes of this section, “one-step increment” is defined as follows: For compensation grade profiles identified with “Inc 2”, one step increment will be defined as advancing incrementally by either even-numbered or odd-numbered steps depending on their position on the pay range, with the last possible step being the highest step in the range. (Example: Depending on the employee’s initial position on the pay range, employees on Step 01 would advance incrementally to steps 03, 05, 07, 09, and 10 and employees on Step 02 would advance incrementally to steps 04, 06, 08 and 10.)

Appears in 1 contract

Samples: Article 1 – Agreement

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