Retention Increase Sample Clauses

A Retention Increase clause establishes the conditions under which the amount of financial responsibility, or 'retention,' that a party must bear before insurance coverage applies is raised. Typically, this clause specifies scenarios such as changes in risk profile, claims history, or contract amendments that trigger an increase in the retention amount. By clearly outlining when and how the retention can be increased, the clause helps allocate risk more appropriately between the parties and ensures that the insured maintains a vested interest in loss prevention.
Retention Increase. If a full-time faculty member presents evidence to the University of an offer of employment from another institution, either academic or non-academic, the University may, at its sole discretion, increase the faculty member's base salary. The University shall notify the Union of any such increase.
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Retention Increase. Effective February 16, 2023, a retention increase of 4% will be provided to the base salaries of the AFT employees listed below who are teaching or have an FTE assignment as of Feb 16, 2023. Instructors who received merit in Sept 2022 are not eligible for this increase. ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇-▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ This MOU will expire upon implementation.
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Retention Increase. All eligible permanent bargaining unit employees who were employed as of May 1, 2010 and have continued employment through August 16, 2010, shall receive a 1.0% base salary increase. This increase will be effective August 16, 2010.
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Retention Increase. All bargaining unit employees (except ▇▇▇▇ and AMP) under appointment as of May 1, 2010 and who have continued employment through August 11, 2010 shall receive a retention increase equal to 1.0% of the employee’s previous year’s base salary effective August 11, 2010. Employees on contracts or grants shall receive salary increases equivalent to similar employees on regular funding, provided that such salary increases are permitted by the terms of the contract or grant and adequate funds are available for this purpose in the contract or grant.
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Retention Increase. Effective December 28, 2008, all eligible employees who were employed on or prior to the beginning of the Spring 2008 semester and are continuously employed through the effective date shall receive a two percent (2.0%) retention increase to their base salaries as of the last full pay period of the 2007 – 2008 Academic Year.
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Retention Increase. The Department Chair/Director, at their sole discretion, may request a monthly increase to retain a NTT faculty member who receives a bona fide offer of employment from another institution. The NTT faculty member must present written proof of the offer, if available, to the Department Chair/Director for consideration. Any increase will be subject to approval by the ▇▇▇▇▇▇▇ and Human Resources. This decision is not subject to the grievance procedure. Only NTT faculty members who have not been awarded a retention increase in the past three (3) years are eligible.
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Related to Retention Increase

  • Promotion Increases (a) Promotion salary increases shall be granted in an amount equal to 9.0% of the employee’s previous year’s base salary rate in recognition of promotion to one of the ranks described below: (1). To Associate in , and Assistant University Librarian; (2). To Associate Professor, Associate Scholar/Scientist/Engineer, and Associate University Librarian; and

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

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage. 2. Each calendar year, in principle before 1 July, the CLA parties shall conduct talks on the adjust- ment of the (other) amounts shown in the salary table (column I, job grades 4 up to and including 6, column II and III) in article 28(2) of the CLA from 1 July of that year. 3. If an adjustment of the salary table (column I, job grades 4 up to and including 6, columns II and III) is agreed pursuant to paragraph 2 of this article, this will be applied as follows: a. The salary table (column I, job grades 4 up to and including 6, columns II and III) will be increased by the agreed percentage and b. the actual wage of the temporary agency worker will be increased by the agreed percentage from the agreed date.

  • Effective Date of Increase Price increases shall be effective upon final approval by the State, and may not be posted on the pricelist prior to receipt of final approval.

  • 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.