Merit Effective Date means [April 1] of the applicable performance period or, if later, the applicable date of the annual merit increase (e.g., for the [year] Teamshare program, the Merit Effective Date for salaried employees is [April 1, [year]]).
Merit Effective Date means April 1 of the applicable performance period or, if later, the applicable date of the annual merit increase (e.g., for the 2011 Teamshare program, the Merit Effective Date is April 1, 2011).
Merit Effective Date means April 1 of the applicable performance period or, if later, the applicable date of the annual merit increase (e.g., for the 2011 Teamshare program, the Merit Effective Date is April 1, 2011).
Examples of Merit Effective Date in a sentence
The Applicable Base Pay used for Teamshare from the beginning of the Performance Period to the Merit Effective Date will be the Eligible Employee’s base pay as of the Merit Effective Date.