Salary Grid definition

Salary Grid means the scales of pay as contained in Appendix A and B and the rules governing its operation as contained in Pay Administration Article 12.
Sample 1Sample 2
Salary Grid means the classification of positions and the respective pay scales
Sample 1

Examples of Salary Grid in a sentence

  • Faculty members are placed on the Faculty Salary Grid solely based on their number of years of relevant experience, as determined through the process described in Section 12.3. Faculty members’ salaries are not affected by their academic discipline.

  • When a requested leave is approved, a letter to the recipient will indicate whether his or her proposed activities qualify for benefits and advancement on the Faculty Salary Grid.

  • The salary for certificated non-administrative employees is based upon the placement of each respective certificated non-administrative employee upon the District Salary Grid, appended as Appendix “A”.

  • The University shall compensate the employees at their current wage rate or at Band 5 wage rate, whichever is greater, in accordance with the USW 4120 Salary Grid.

  • If your letter of appointment is not specific on the hours per week for the position, it is determined by your salary rate, i.e., if your salary is equivalent to the rate listed in the Salary Grid, you are to work a minimum of 35 hours per week; if your salary is prorated from that amount, your hours of work are prorated accordingly from the standard 35 hours per week.

  • OPSEU and the University acknowledge that the Job Evaluation System, implemented February 2001, and resulting Salary Grid have been built upon principles of pay equity.

  • Unit owners/residents should call the Ottawa City Police or By-law Office and ask to have the car ticketed and/or towed; (tel.

  • A teacher who possesses a content area Master’s Degree, as defined by the Indiana Department of Education and approved by the Superintendent, with no prior teaching experience will enter the Salary Grid at Column 2, Level A.

  • Entry Levels - Teachers who possess a Bachelor’s Degree with no prior teaching experience shall enter the Salary Grid at Column 1, Level A.

  • The Union will reimburse the University for 50% of the cost of the total compensation, as set by the Local Union but not to exceed the maximum annual salary as outlined in the Salary Grid, associated with the Local President’s release time on or before the 15th of the month preceding the employee’s pay date.

Related to Salary Grid

  • Salary range is the range of rates between, and including, the minimum and maximum rate currently authorized for the class;

  • Basic Compensation means Salary and Benefits.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Annual Compensation means an amount equal to the greater of:

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Salary as defined in Section 3.1(a).

  • Salary offset means the with- holding of amounts from the current pay account of a Federal employee to satisfy a debt owed by that employee to the United States.

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Annual Salary means the salary given under this Part.

  • Final compensation of a member means:

  • Salary reduction plan means a benefit plan whereby state and

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.