Common use of Salary Enhancement Clause in Contracts

Salary Enhancement. A five percent (5%) increase to Principal’s base salary shall be effective July 1, 2023, and a three percent (3%) increase to Principal’s base salary shall be effective July 1, 2024. Base salary increase will be calculated as a percentage on the base salary plus performance increment earned at the end of the prior school year. Principals who have separated service prior to ratification of this agreement will not be eligible for retroactive compensation.

Appears in 2 contracts

Sources: Terms and Conditions of Employment, Terms and Conditions of Employment

Salary Enhancement. A five two percent (52%) increase to Principal’s base salary shall be effective July 1, 20232021, and a three percent (3%) increase to Principal’s base salary shall be effective July 1, 20242022. Base salary increase will be calculated as a percentage on the base salary plus performance increment earned at the end of the prior school year. Principals who have separated service prior to ratification of this agreement will not be eligible for retroactive compensation.

Appears in 1 contract

Sources: Terms and Conditions of Employment

Salary Enhancement. A five two percent (52%) increase to Principal’s base salary shall be effective July 1, 20232019, and a three two percent (32%) increase to Principal’s base salary shall be effective July 1, 20242020. Base salary increase will be calculated as a percentage on the base salary plus performance increment earned at the end of the prior school year. Principals who have separated service prior to ratification of this agreement will not be eligible for retroactive compensation.

Appears in 1 contract

Sources: Terms and Conditions of Employment