Merit Pay definition

Merit Pay means an increase in compensation granted on the basis of job performance, as determined during the annual performance review process.
Merit Pay wherever used in this Agreement shall mean that part of the regular salary paid to an employee which is above the job rate for his or her classification as set out in the Salary Schedule.
Merit Pay. Teachers will receive Merit Pay based on evaluation scores. Highly Effective will receive a $300 lump sum stipend and Effective will receive a $150 lump sum stipend.

Examples of Merit Pay in a sentence

  • This Physical Fitness Incentive Merit Pay shall be approved by the Department Director and City Administrator; subject to the final approval of the Mayor; and shall not be subject to the grievance procedure.

  • Educational Incentive Merit Pay will be phased out during the term of the Agreement and will not be available for any training obtained after December 31, 2020.

  • Education Incentive Merit Pay shall be approved by the Department Director and City Administrator, subject to final approval by the Mayor, which shall not be subject to the grievance procedure.

  • Guidance on performance levels 9 The following definitions give some general guidance regarding performance rating, based on the King 10 County Merit Pay System Manual: 12 rework regularly; does not meet normal deadlines; inconsiderate of co-workers or customers; requires more than normal supervision and direction.

  • Compensation, subject to legislative requirements, if any Article 36 Short-term Sickness Plan Article 37 Merit Pay All of the above exemptions relating to temporary employees are subject to any benefit provided under Letter of Understanding Regarding the Application of the Collective Agreement or the benefit provided under the Employment Standards Act (the “ESA”), whichever is greater, regardless of whether the ESA benefit actually applies to the OAC.


More Definitions of Merit Pay

Merit Pay. The administrator shall receive an annual merit pay stipend based on a percentage of the annual salary according to the following percentages: 2014-2015 (2%), 2015-2016 (3%), and 2016-2017 (3%). In order to qualify, the administrator must be rated as effective or highly effective on the annual evaluation.
Merit Pay wherever used in this Agreement shall mean that part of the regular salary paid to an employee which is above the job rate for his or her classification as set out in the Salary Schedule. FULL-TIME SALARY SCHEDULE ARTICLE 24 - MISCELLANEOUS 24.01 There shall be no discrimination by the Employer, the Union or any employee against an employee contrary to the provisions of the Ontario Human Rights Code. The Employer and the Union recognize the right of employees to work in an environment free from sexual harassment, and agree that sexual harassment of employees will not be tolerated. The parties agree that complaints of harassment shall be investigated and resolved in accordance with the “Harassment Policy” . 24.02 There shall be no discipline, suspension or discharge except for just cause. 24.03 An employee may, upon request, have a ▇▇▇▇▇▇▇ present at a meeting with the Employer where the employee is being given a written notice of warning, or being suspended, discharged, or demoted for disciplinary reasons. The Employer shall advise the employee of this right in advance of such a meeting. When an employee is given a written notice of warning, suspension, discharge or disciplinary demotion the reason(s) will be indicated and a copy of the letter given to the Union. The Employer agrees that any written notice of warning or suspension will be removed from any active employee’s file and not used against such employee when such disciplinary letter is more than two (2) years old.

Related to Merit Pay

  • Debit Payment means a particular transaction where a debit is made.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –