Total Compensation Study Clause Samples

The Total Compensation Study clause establishes a process for reviewing and analyzing the overall compensation provided to employees or contractors under an agreement. Typically, this clause outlines the methodology, frequency, and scope of the compensation review, which may include salary, benefits, bonuses, and other forms of remuneration. Its core function is to ensure that compensation remains competitive and equitable, addressing potential disparities and supporting retention and satisfaction within the workforce.
Total Compensation Study. Deliverable A. List of Comparator Agencies, Benchmark Classifications, and Benefits to be Collected
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Total Compensation Study. The parties agree to meet up to five meetings within the period of 270 -180 calendar days prior to the expiration of the contract to reach agreement on the comparable agencies, bench mark classes and survey elements of a total compensation study in preparation for successor contract negotiation post June 30, 2020. If the parties are unable to reach agreement on the comparable agencies, benchmark classes and survey elements of a total compensation by 180 calendar days of the expiration of the contract, the parties are free to conduct their own respective total compensation study. Implementation of any results is subject to the bargaining process for successor contract negotiations post June 30, 2020.
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Total Compensation Study. The parties agree to conduct a joint total compensation study for the District Attorney Investigator I/II and III classifications within the term of this agreement and no later than nine (9) months prior to the expiration of this contract.
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Total Compensation Study. For preparation of negotiations, no later than January 2024, the City and Local 39 will begin working together to conduct a total compensation study. This will include a review of the existing benchmark classifications, the labor market, and the total compensation categories selected in prior surveys.
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Total Compensation Study. During the 2025-26 school year, the District agrees to conduct an analysis of the total compensation (salaries and benefits) of job classifications within the SJSA bargaining unit as compared to other school districts within the District’s geographic region or with similar characteristics. Base salaries shall be increased by a total of 3.55% effective July1, 2021. For continuing members employed as of July 1, 2021 the district shall provide a one- time off schedule payment equal to 3.5% of each member’s base salary as of July 1, 2021. This one-time off schedule payment will be paid no later than August 20, 2021. This one-time off schedule payment will not increase a member’s base compensation for the 2021-2022 school year.
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Total Compensation Study a) The City agrees to conduct a total compensation study of SCXEA-represented classifications. The City expects that the compensation study will be completed by December 2012. The City shall provide a copy of the study pertaining to SCXEA-represented positions when the study is finalized. The City agrees to discuss comparator organizations to be included in the study, elements of compensation to be included in the study, the survey classifications, and discuss a preliminary report with SCXEA.
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Related to Total Compensation Study

  • Total Compensation 5.1. Contractor shall include Total Compensation in ▇▇▇ for each of its five most highly compensated Executives for the preceding fiscal year if: 5.1.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 5.1.2. In the preceding fiscal year, Contractor received: 5.1.2.1. 80% or more of its annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.2.2. $25,000,000 or more in annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.3. The public does not have access to information about the compensation of such Executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d) or § 6104 of the Internal Revenue Code of 1986.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.