Promotional Pay Increase Sample Clauses

Promotional Pay Increase. (a) On the promotion of a permanent employee, including a permanent employee on probation, his/her new rate of pay shall be the minimum of the range for his/her new classification, or such step in the new range which yields a minimum increase of eight (8%) percent.
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Promotional Pay Increase. On the promotion of an employee, their new rate of pay shall be the minimum of the range for their new position, or such step in the new range which yields a minimum increase of eight percent (8%). If the promotion yields an increase of more than ten percent (10%), the employee's increment date will then be changed to the date of promotion. The employee's rate, following promotion shall not exceed in any instance, the maximum of the range for their new class. Whenever an employee's increment date or an adjustment in salary occurs on the same date as the promotion or reclassification, the employee shall receive their increment or adjustment before the promotion formula is applied.

Related to Promotional Pay Increase

  • Pay Increases a) The pay rates prescribed under Clause 2 above will be increased by the amount of the increase as handed down by the Australian Fair Pay Commission each year during the term of this agreement.

  • Periodic Increases Periodic increases are provided as follows:

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

  • FUNDING INCREASE 1. The Commonwealth shall notify the Grantee in writing of any funding increases under this Agreement.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

  • Salary Increments The Employer may grant an increment for meritorious service after an Employee has served for a period of twelve (12) months following the day established in Article 25.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 25.04, 25.05, or 25.06.

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