Changes in Salary Clause Samples

The "Changes in Salary" clause defines the conditions under which an employee's salary may be adjusted during the course of employment. Typically, this clause outlines the circumstances that can lead to salary increases or decreases, such as performance reviews, promotions, demotions, or changes in job responsibilities. It may also specify the process for notifying employees of salary changes and any limitations or requirements for such adjustments. The core function of this clause is to provide transparency and set expectations regarding how and when salary modifications can occur, thereby reducing misunderstandings and disputes related to compensation.
Changes in Salary. If the salary is changed the following applies. The employer shall make deductions for sickness based on the old salary until the day the salaried employee receives notice of their new salary.
Changes in Salary. If the salary is changed the following applies. The employer shall make deductions based on the former salary until the day the salaried employee receives notice of their new salary.
Changes in Salary. The faculty member must provide to the Executive Director of Human Resources their appropriate credentials (from an accredited institution) in accordance with their degree status. Rank and step progression adjustments when earned will be made effective at the beginning of Fall semester. Terminal degree pay will begin at the beginning of the semester following proof of completion. Such remuneration will be paid for the Fall semester if written verification is submitted on or before September 30, and will be paid for the Winter semester if submitted on or before February 16 and will be paid for the Summer semester if submitted on or before June 15. If verification is submitted after the above dates, the additional remuneration will begin at the beginning of the next semester. Any fifty-two (52)-week faculty member’s base salary shall be adjusted July 1 and/or January 1. Evidence of changes in salary is due by August 1 to be effective on July 1 and by February 1 for January 1.
Changes in Salary. Individual salary increases for full-time registered nurses resulting from seniority levels shall be implemented as of the anniversary date. The anniversary date shall be adjusted forward necessary to account for leaves of absence or other absences under which seniority accumulation is suspended. Seniority accumulation while on maternity leave shall not apply calculating seniority for the purpose of advancement to a higher increment level. In the event of a promotion or demotion, or upon a graduate nurse being granted Registered Nurse status, the salary adjustments necessary upon the happening of such event shall be as of the date of occurrence or registration as the case may be.
Changes in Salary. Where there are changes in salary due to a change in class, the onus is on the teacher to give notice to the Division as soon as possible after such credit has been obtained. When such notice of change is given during the period of September to June inclusive, the resulting change in salary shall become effective as of the first of the month in which the Division was in receipt of such notice, and the calculation for such changes in salary shall be based on the number of months from the first of the month in which notice was submitted to the Division to the end of June in the same school year. When such notice of change is given in either July or August, the resulting change shall become effective on September 1st following. A transcript of marks must accompany the above mentioned notice before any changes in salary are implemented. Such transcript of marks must be followed by a "proof of qualifications" from the Teachers Certification and Records Branch before such changes become final.
Changes in Salary 

Related to Changes in Salary

  • Base Salary Executive will be paid an annual base salary, during the Term, in the amount set forth in Addendum A, as may be increased or decreased by Employer from time to time (“Base Salary”). The Base Salary shall be payable by Employer in regular installments in accordance with Employer’s general payroll practices (in effect from time to time). All amounts payable to Executive as compensation hereunder shall be subject to all required and customary withholding by Employer.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Annual Base Salary During the Term, Executive shall receive a base salary at a rate of $500,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).