Increment Anniversary Date Sample Clauses

The Increment Anniversary Date clause establishes a specific date each year on which certain contractual increments, such as salary increases or benefit enhancements, take effect. Typically, this date is set at the anniversary of an employee’s hire date or the commencement of the agreement, and it governs when adjustments are applied regardless of when the contract was originally signed. By standardizing the timing of increments, this clause ensures consistency and predictability for both parties, preventing confusion over when changes should be implemented.
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Increment Anniversary Date. A promotion shall not change an employee’s increment anniversary date. (Reference Article 12 – Anniversary Date and Increments.)
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Increment Anniversary Date. Subject to the provisions of Article 32 – General Leaves of Absence, a regular employee’s initial date of current employment with the Employer as a regular employee shall be his or her anniversary date for the purpose of determining an employee’s entitlement to an increment based on a year’s length of service and benefits.
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Increment Anniversary Date. A promotion shall change an employee’s increment anniversary date to the date of the promotion. The employee on a promotion shall go to the start rate for the new classification.
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Related to Increment Anniversary Date

  • Anniversary Date A regular employee’s initial date of current employment with the Employer as a regular employee shall be her anniversary date for the purpose of determining benefits and for the purpose of determining increment anniversary date. (Reference Article 6.05 - Superior Benefits and Article 12.03 - Increments).

  • Anniversary Dates Except as may otherwise be provided for in deep class resolutions, anniversary dates will be set as follows:

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.

  • Increment Date for Salary Grid Placement Upon achieving one (1) year of experience, an increment shall be awarded on the first of the month following the month in which the experience accumulation is earned.

  • Anniversary Fee A fully earned, non-refundable anniversary fee of Twenty Thousand Dollars ($20,000,00), which fee shall be earned as of the date hereof, and shall be payable on the date that is one year from the 2008 Effective Date;