Contractual Salary Sample Clauses

The Contractual Salary clause defines the agreed-upon compensation that an employee will receive for their work under the terms of the contract. It typically specifies the salary amount, payment frequency (such as monthly or biweekly), and may outline any conditions for salary adjustments or bonuses. This clause ensures both parties have a clear understanding of the employee's remuneration, reducing the risk of disputes over pay and providing financial certainty for both employer and employee.
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Contractual Salary. A faculty member’s salary shall be increased annually in accordance with the schedule in Appendix H See Appendix I for the minimum and maximum for each salary lane. To calculate a faculty member’s salary for the next academic year, the contractual salary from the current year is multiplied by (1 + the salary percentage increase from Appendix H), or the flat dollar amount is added to the applicable base.
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Contractual Salary. According to Chapter D of the collective agreement, a contractual salary may be given to a maximum of 10 employees for the period 1/7/2019 – 30/6/2020. A contractual salary may be agreed to with employees in the following positions: Science and research specialist, visiting professor, foreign academic employee, lecturer-field expert and other justified cases. The employer will inform the unions twice a year on the development in the area of contractual salaries of rate-based employees, their number and average amount of contractual salary. The number of employees who are posted to work abroad with a contractual salary for the given period, is not counted towards the above-mentioned quota.
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Contractual Salary. A faculty member’s salary shall be increased annually in accordance with the below schedule and in Appendix H See Appendix I for the minimum and maximum for each salary lane. To calculate a faculty member’s salary for the next academic year, the flat dollar amount is added to the applicable base salary on the date outlined below also see Appendix H. FY 16 $1,000 Increase (1-1-16) FY 17 $1,000 Increase (7-1-16) FY 18 $1,500 Increase – Off Schedule Stipend $350 (7-1-17) FY 19 $2,000 Increase – Off Schedule Stipend $150 (7-1-18) FY 20 $2,600 Increase (7-1-19)
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Contractual Salary 
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Related to Contractual Salary

  • 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.

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2. (a) All wages, salaries and other compensation paid to employees of the Project, including, but not be limited to, unemployment insurance, social security, worker's compensation, employee benefit packages and other charges imposed by a governmental authority or provided for in a union agreement, shall (a) as to employees of Manager or any Subcontractor, be reimbursed by Owner to Manager (or directly to the applicable Subcontractor, if requested by Manager) without profit or mark-up, and (b) as to employees of Owner, be paid directly by Owner. ▇▇nager shall coordinate all disbursements and deposits for all compensation and other amounts payable with respect to persons employed in connection with the operation of the Project from an appropriate Project Account. Manager shall maintain complete payroll records for all employees. (b) In addition to the employment of employees set forth on Schedule 3, Manager may, in its discretion, from time to time employ personnel of its general operations to perform direct special services for the benefit of the Project; provided, however, that Manager shall obtain the prior approval of Owner for the employment of such special personnel, except in emergency situations or when timing requirements do not allow for such prior approval. Owner shall reimburse Manager for such direct services rendered by special personnel in an amount commensurate with normal and customary charges for such services by similarly qualified persons. Persons whose compensation may not be charged to Owner for services rendered to the Project includes the general asset management personnel of Manager who are not on-site of the Project.

  • Basic Salary For all your services rendered under this Agreement, UO shall pay you a salary at an annual rate of no less than $450,000, or at such higher salary as may be determined by your performance review and the Executive Vice President, Human Resources, Legal & Business Affairs, UPR. Such higher salary shall subsequently be deemed the annual rate, commencing on such date as the Executive Vice President, Human Resources, Legal & Business Affairs, UPR may determine, for purposes of this Agreement.

  • Executive’s Compensation The Company agrees to compensate the Executive as follows: