Salary adjustment definition

Salary adjustment means an increase (or decrease) in salary.
Sample 1Sample 2Sample 3
Salary adjustment as set forth in Section 3(a)(ii) of the Agreement have no further force or effect.
Sample 1
Salary adjustment. A change in salary outside the merit salary program required to establish either internal or external equity for a given position. Separation: Resignation, discharge, layoff, retirement, death, and/ or removal from the payroll because of disability (as distinguished from disability absence where the Employee is not removed from the payroll).
Sample 1

Examples of Salary adjustment in a sentence

  • Salary adjustment for additional training will be made in accordance with Article XXII (E) of the negotiated collective bargaining agreement.

  • Salary adjustment details: Teachers/counselors/nurses who would have earned a higher salary in the next step on the 2018-2019 salary schedule will receive a salary adjustment to offset the difference.

  • Salary adjustment in respect of improved salary status claimed in writing before November 1, and proved before the succeeding January 1, shall take effect from the preceding September 1.

  • To determine the adjusted Base Salary using the CPI, the Base Salary shall be multiplied by a fraction, the numerator of which shall be the CPI published for the December of the year immediately preceding the date of the Base Salary adjustment (the "First Adjustment Year"), and the denominator of which shall be the CPI published for the December of the year immediately preceding the First Adjustment Year.

  • Salary adjustment for additional training will be made upon application and presentation of appropriate documentation and is effective in accordance with new certification.

  • Salary adjustment will be retroactive to the first day of the month in which “Request for Salary Schedule Reclassification” form and official transcripts are submitted.

  • The TPB and AFA will oversee this review, which will examine the performance of the new contractor (MV Transportation), evaluate the extent to which WMATA has implemented the recommendations of this study, and establish a baseline against which future assessments can be compared.

  • To determine the amount of the increase in Base Salary using the CPI method, the Base Salary shall be multiplied by a fraction, the numerator of which shall be the CPI most recently published on the month immediately preceding the date of the Base Salary adjustment, and the denominator of which shall be the CPI in effect on the last day in June of the immediately preceding year.

  • Teachers reassigned to a different teaching field may have previously unrecognized credits evaluated and applied for Salary adjustment according to the guidelines herein.

  • Salary adjustment will be processed in the following sequence and will take effect on the dates stipulated immediately below or as modified by clauses 15.4 C.


More Definitions of Salary adjustment

Salary adjustment means a salary change resulting from-
Sample 1
Salary adjustment means any change in salary, resulting from
Sample 1
Salary adjustment means an increase (or decrease) in salary, or salary adjustment as a result of the “Additional Compensation Fund”(ACF).
Sample 1

Related to Salary adjustment

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • SOFR Adjustment means 0.10% (10 basis points) per annum.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Informal adjustment means an agreement reached among the parties, with consultation, but not the consent, of the victim of the crime or other persons specified in KRS 610.070 if the victim chooses not to or is unable to participate, after a petition has been filed, which is approved by the court, that the best interest of the child would be served without formal adjudication and disposition;

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • No Adjustment means that the relevant date shall not be adjusted in accordance with any Business Day Convention;

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Contract Adjustment Payments means the payments payable by the Company on the Payment Dates in respect of each Purchase Contract, at a rate per year of [ ]% of the Stated Amount per Purchase Contract.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.

  • Final Average Compensation means the average annual