Annual Increment definition

Annual Increment means funds appropriated for "eligible
Annual Increment is defined as the step increase awarded to the nurse on the first day of the first month following the completion of an employment year, or sooner as provided under Article 4 of this Agreement.
Annual Increment means an increase in the rate of pay of an employee, within the employee’s pay range, which may be granted in recognition of satisfactory service in accordance with 24:03.

Examples of Annual Increment in a sentence

  • Annual Appraisals are conducted, following which annual increments and promotions in deserving cases are decided once in a year based on: - Employees self-assessment- Assessment by Immediate Superior and- Assessment by Head of Department Annual Increment leading to an increase in Fixed Pay consists of Economic Rise based on All India Consumer Price Index published by the Government of India or Internal Survey wherein inflation on commonly used items is calculated.

  • The Service Fees will increase on 1 January each year by the Annual Increment (as defined in the Appendix) – Bud Systems will inform the Customer of the exact increase no later than 30 days prior to the applied change.


More Definitions of Annual Increment

Annual Increment means funds appropriated for "eligible employees" and shall be disbursed only in accordance with article five, chapter five of the code.
Annual Increment. (if eligible) Nu. .......................................
Annual Increment the amount by which per Applicant/Learner/Active Learner Fees will increase on 1 January of each year, being RPI plus up to 3%. Bud Systems will inform the Customer of the applicable Annual Increment by 1 December each year.
Annual Increment means funds appropriated
Annual Increment means the quantum of annual rise in a pay scale.
Annual Increment. You will pay an annual increment as mentioned in the Order Form.
Annual Increment means funds appropriated for