Common use of Principal Allowances Clause in Contracts

Principal Allowances. 4.1.2.1. Effective until June 9, 2022, each principal shall be paid thirteen point five per cent (13.5%) of category 6 max on the current salary grid plus $26.56 per student under their responsibility. 4.1.2.2. Effective June 10, 2022, each principal shall be paid thirteen point five per cent (13.5%) of category 6 max on the current salary grid plus $26.69 per student under their responsibility. 4.1.2.3. Effective September 1, 2022, each principal shall be paid thirteen point five per cent (13.5%) of category 6 max on the current salary grid plus $27.02 per student under their responsibility. 4.1.2.4. Effective September 1, 2023, each principal shall be paid thirteen point five per cent (13.5%) of category 6 max on the current salary grid plus $27.56 per student under their responsibility. 4.1.2.5. Notwithstanding any other provision in the Collective Agreement, principals shall receive a minimum allowance of $25,000 annually, prorated based on FTE.