First Quartile definition
Examples of First Quartile in a sentence
The amount of money to be added to the employee's base salary is calculated by adding a flat amount to the First Quartile of the Salary Administration Program Level for the title.
First Quartile (minimum of pay band to < 25%) 1.50% of base salary Second Quartile (25% to < 50%) 1.0% of base salary Third Quartile (50% to < 75%) 0.5% of base salary Fourth Quartile (75% to maximum of pay band) 0.3% of base salary Effective July 1 in each Fiscal Year beginning in FY 2015, and on January 1, of each Fiscal Year beginning in FY 2018, after application of a general wage increase, if any, employees will receive the percentage increases based upon pay band quartile.
First Quartile (minimum of pay band to < 25%) 1.50% of base salary Second Quartile (25% to < 50%) 1.0% of base salary Third Quartile (50% to < 75%) 0.5% of base salary Fourth Quartile (75% to maximum of pay band) 0.3% of base salary Effective July 1 in each Fiscal Year beginning in FY 2015, after application of a general wage increase, if any, employees will receive the percentage increases based upon pay band quartile.
First Quartile (Minimum of pay band to < 25%) 1.50% of base salary Second Quartile (25% to < 50%) 1.0% of base salary Third Quartile (50% to < 75%) 0.5% of base salary Fourth Quartile (75% to Maximum of pay band) 0.3% of base salary After application of a general wage increase, if any, employees will receive the percentage increases based upon pay band quartile.
First Quartile EBITDA Percentage 1/3 10% 15% 20% (i) “Total Shareholder Return” means, for the three fiscal years comprising the Performance Period (as defined below), the quotient of (x) the difference between the Company’s closing stock price as of the last trading day in 2021 (the “Beginning Price”) and the Company’s closing stock price as of the last trading day in 2024 (the “Ending Price”) plus any dividends paid by the Company during the Performance Period, divided by (y) the Beginning Price.
First Quartile EBITDA Percentage 1/3 10% 15% 20% (i) “Total Shareholder Return” means, for the three fiscal years comprising the Performance Period (as defined below), the quotient of (x) the difference between the Company’s closing stock price as of the last trading day in 2020 (the “Beginning Price”) and the Company’s closing stock price as of the last trading day in 2023 (the “Ending Price”) plus any dividends paid by the Company during the Performance Period, divided by (y) the Beginning Price.