Effective Date of Salary Increases Sample Clauses

The 'Effective Date of Salary Increases' clause establishes the specific date when any approved salary adjustments for employees will take effect. Typically, this clause outlines whether increases are retroactive to a certain date, coincide with performance reviews, or begin at the start of a new pay period. By clearly defining when salary changes are implemented, the clause ensures both employer and employee have a mutual understanding, thereby preventing disputes and ensuring accurate payroll processing.
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Effective Date of Salary Increases. Salary increases shall be effective on the first day of the payroll period nearest the first day of the month in which the increase occurs. In the event the first day of the payroll periods are equidistant from the first day of a month, the earlier payroll period shall be used.
Effective Date of Salary Increases. Wage increases referenced throughout this agreement are effective on the date indicated or the beginning of the pay period following the date provided when the date provided is not the beginning date of the employee’s pay cycle.
Effective Date of Salary Increases. All increases determined under this section shall be effective July 1, 2022, for full-year Unit Members and effective August 15, 2022, for academic-year Unit Members.
Effective Date of Salary Increases. Salary increases shall be effective on the first full biweekly or monthly pay period on or after the effective date.
Effective Date of Salary Increases. The salary increases listed in Article 19 shall be effective with the first paycheck of each applicable academic year.
Effective Date of Salary Increases. Should the District fail to conduct a timely performance evaluation and a subsequent performance evaluation results in the employee being eligible for a step increase, the step increase will be retroactive to the date the District should have conducted the performance evaluation. Failure to conduct an evaluation within that time period does not preclude the District from conducting an evaluation at a later date. The General Manager or designee has the authority to increase an employee’s salary within the salary range.

Related to Effective Date of Salary Increases

  • Salary Increases The Employer agrees to pay the negotiated salary increases to every employee not later than the month following the month in which this Agreement is signed and not later than the month following the month in which any subsequent salary increases become effective.

  • Salary Increase All State salary increases or reductions provided to the district during this contract will be provided to all employees.

  • 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.

  • Effective Date of Agreement; Termination (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. (b) The Representative may terminate this Agreement at any time at or prior to the Time of Purchase, by notice to the Company, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Disclosure Package and the Prospectus, there shall have been any Material Adverse Effect, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the NYSE American or Nasdaq, or the establishment by the Commission or FINRA of minimum or maximum prices on any of such stock exchanges, (B) a suspension or material limitation in trading in the Company’s securities on Nasdaq, (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States, (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war or any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere if the effect of any such event specified in this clause (D), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (E) the Company is in material breach of any of its representations, warranties or covenants hereunder. (c) In the event of any termination under Section 6(b) hereof, neither party will have any liability to the other party hereto, except as set forth in Section 4 hereof, and provided further that the provisions of Sections 2, 8, 11, 12 and 13 hereof shall remain in effect.

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.