Salary Points definition

Salary Points means the salary points assigned to a Participant by the Committee pursuant to the Hay salary point system, or any successor salary point system adopted by the Committee.
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Salary Points means the salary points assigned to a Participant by the Committee for the applicable Performance Period pursuant to the Hay salary point system, or any other salary point system used by the Committee.
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Examples of Salary Points in a sentence

  • For any Member, the total Salary Points awarded (i.e., BSP + DSP) may not exceed 6.00.

  • For any Member, the total Salary Points awarded may not exceed 4.00.

  • A Member assigned a PAI of less than 1.00 will receive 0.00 Salary Points and no PLCP-derived salary increment.

  • A total number of Salary Points (SP) equal to the number of Probationary, Term and Continuing Members (converted to Full-Time equivalents) multiplied by 1.70 shall be distributed in each.

  • At $1,222 per point, 1.419 Salary Points (calculated as (109,734-108,000) ÷ 1,222) would be required to increase the Member’s salary to the breakpoint of $109,734.

  • A total number of Salary Points (SP) equal to the number of Probationary, Tenured, Continuing Status and Limited-Term Members (converted to Full-Time equivalents) multiplied by 2.40 shall be distributed in each of 2022-23, 2023-24, 2024-25, and 2025-26.

  • Members who have not had a Full-Time Appointment for more than three months within the assessment period shall receive the average Basic Salary Points of 2.2 plus the ▇▇▇▇’▇ Discretionary Salary Points of 0.2.

  • Since the Member is awarded 2.4 Salary Points, 0.981 Salary Points remain, and these are applied at a value of $924 per point.

  • At $1,546 per point, 1.063 Salary Points (calculated as (132,644 -131,000) ÷ 1,546) would be required to increase the Member’s salary to the breakpoint of $132,644.

  • A total number of Salary Points (SP) equal to the number of Probationary, Tenured and Limited-Term Members (converted to Full-Time equivalents) multiplied by 2.40 shall be distributed in each of 2014-15, 2015-16, 2016-17, and 2017-18.