Merit Increases definition

Merit Increases. The Town's compensation plan has open pay ranges (see Attachment "A"). Employees will be eligible for pay increases based upon performance in each fiscal year. This merit-based increase will be determined based on the attached Attachment "B". This schedule is based upon the Town's general fund revenue as defined in Attachment "C". A portion of this schedule is based upon the Town's assessed value as reported approximately in July of each year to the Town by the Nevada County Auditor- Controller. The Town will calculate, and the Membership verify, the year-to-year percent change in the assessed value (including secured, unsecured and unitary tax rolls per Nevada County) from the immediate prior year. The Town will also utilize sales tax revenue projections provided by the outside consultant, a copy of which will be provided to the General Employee group prior to July 31 of each year. Any employee merit-based pay changes will then be awarded under the appropriate scale beginning July 1 of that year. The award date is based on the employee's annual evaluation date as determined by the Human Resources department. As an example, if the year-to-year percent increase in the Town's budgeted general fund revenue as defined in Attachment "C", is 1.3%, an employee who receives a pay for performance score of 3.87 on his/her evaluation will be eligible for a 1.0% merit increase to his/her base pay. If the year-to-year increase is 2.1%, the employee who receives a 3.87 on his/her evaluation will be eligible to receive a 2.0% merit increase to his/her base pay.

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Merit Increases. For Employees at or Above Step 6 On the pay period beginning closest to the employee’s anniversary date or promotional date, employees shall be eligible for a merit increase of a minimum of one-half percent (0.5%) up to a maximum of two and one-half percent (2.5%). In no event shall merit adjustment be granted which exceeds the range for the position.

Merit Increases. The wage scale as set forth in the Schedule of Wages of this Agreement reflects minimum rates and does not prohibit an employee from receiving a higher wage.

Examples of Merit Increases in a sentence

• Special Merit Increases are subject to funding and final approval by the Mayor.

• Except as provided for by the "Portland State University Policy and Procedures for the 36 Evaluation of Faculty for Tenure, Promotion, and Merit Increases," and the University Standards it 37 implements, the University will not employ tenure-track faculty members, on 0.50 FTE or more, for more 38 than seven (7) FTE years without the awarding of tenure.

• As used herein, the term "Base Salary" shall be deemed to include any Merit Increases granted to Employee.

• Portland State University Policy and Procedures for the Evaluation of Faculty for Tenure, Promotions, and Merit Increases," dated May 17, 1996 and adopted by the Faculty Senate on June 12, 1996, as most recently revised by the Faculty Senate on April 7, 2014, which specify the means of implementation of University Standards 580-021-0100 through 580-021-0140, shall remain in effect with respect to members of the bargaining unit, except as modified by this Agreement.

• Merit Increases - Upon returning to his/her original job classification within the period of eligibility, the employee will be credited with prior seniority for the purpose of further movement on the salary schedule, not including the time spent on layoff.

• Except as provided for by the "Portland State University Policy and Procedures for the Evaluation of Faculty for Tenure, Promotion, and Merit Increases," and the University Standards it implements, the University will not employ tenure-track faculty members, on 0.50 FTE or more, for more than seven (7) FTE years without the awarding of tenure.

• Merit Increases For annually contracted faculty, a merit increase shall be granted to each eligible employee who received an evaluation of "highly effective" or “superior” in the previous academic year.

• Merit Increases The employee must document evidence of genuine commitment to her/his profession and assigned duties for the appointment year.

• Except as provided for by the "Portland State University Policy and Procedures for the Evaluation of Faculty for Tenure, Promotion, and Merit Increases," and the Oregon Administrative Rules it implements, the University will not employ tenure-track faculty members, on 0.50 FTE or more, for more than seven (7) FTE years without the awarding of tenure.

• To: All Human Resource Managers March 2, 2000 GG#00-1 465-4429 From: ▇▇▇▇▇▇ ▇▇▇▇▇▇, Director Merit Increases Division of Personnel Department of Administration The following is an update of the memo issued by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ on September 27, 1979.

More Definitions of Merit Increases

Merit Increases. All wages set forth herein are minimum contract rates and nothing is to prevent the Employer from paying higher rates where he feels that merit, years of service, and/or exigency warrants. The Employer shall report to the Union office all unit merit increases awarded to the employees in the bargaining unit.