Individual Pay Adjustments Sample Clauses

Individual Pay Adjustments. It is understood and agreed between the parties that all individual pay adjustments shall be made effective the first day of the pay period occurring closest to the rank, classification or increment adjustment date.
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Individual Pay Adjustments. In the event that a misallocation of funds by the Employer, caused by purposeful or erroneous means or methods including, but not limited to, payroll errors, compensation assignments, expense reimbursements, time accruals, pension contributions or benefit premiums or program entitlements, has been made to an employee, the Employer shall have the right to make such deduction as may be necessary to correct the over payment from any wages or allowances owed to the employee. Both the employee and the Employer bear accountability to notify the other party as soon as possible after becoming aware of such errors. The schedule for such repayment shall be made known to the Association, and be reasonable so that the employee does not suffer undue hardship as a result of the deduction. The deduction shall not commence unless fourteen (14) days’ notice of intent is provided to the affected employee and the Association. Regardless of the amount needing to be reclaimed, the deducted amount will not exceed 10 per cent of the employee’s gross income or $250, per pay period, whichever is less, unless an Employee requests expedited repayment terms.
Sample 1

Related to Individual Pay Adjustments

  • Pay Adjustments (1) Where the rate of pay of a position or job is adjusted upwards, the employee shall be placed on the lowest step of the new pay range which will give him/her a monthly increase and the increment anniversary shall be that date.

  • EQUITY ADJUSTMENTS The parties subscribe to the principle of equal pay for work of equal value. The parties will continue to move towards the mutual goal of the Community Social Services Sector achieving the objectives set out in Sections A(1), (2) and (3) above, as follows:

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Funding Adjustments Funding Adjustments may be made for the following reasons and in the following manner:

  • Budget Adjustments The Grantee shall submit the Budget Adjustment Request [TJJD-FIS-304] to the Department for any adjustment to the original budget. The Grantee must receive written or electronic approval from the Department prior to expending the funds.

  • SALARY STEP INCREASES a. Increases to steps above the entry step shall be based on performance and length of service. The employee must have earned the equivalent of at least twenty-six

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable. SCHEDULE D SPECIAL DISTRIBUTION SERVICES AND FEES Services Fees

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