Salary Increase Retroactive Sample Clauses

The Salary Increase Retroactive clause stipulates that any agreed-upon salary increase will be applied retroactively to a specified earlier date, rather than only from the date the agreement is signed or implemented. In practice, this means that employees will receive back pay for the period between the retroactive date and the date the new salary takes effect, ensuring they are compensated as if the increase had been in place during that time. This clause is commonly used to address delays in salary negotiations or approvals, ensuring fairness and preventing employees from losing out on agreed compensation due to administrative or procedural lags.
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Salary Increase Retroactive. A wage increase as a result of reclassification resulting from re- evaluation will be retroactive to the date of request for the re- evaluation, unless the new duties are to begin at a future date.

Related to Salary Increase Retroactive

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

  • 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 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.

  • 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.

  • Voluntary Increase The Company from time to time may increase the Conversion Rate by any amount for any period of time. Whenever the Conversion Rate is increased, the Company shall mail to Securityholders and file with the Trustee and the Conversion Agent a notice of the increase. The Company shall mail the notice at least 15 days before the date the increased Conversion Rate takes effect. The notice shall state the increased Conversion Rate and the period it will be in effect. A voluntary increase of the Conversion Rate does not change or adjust the Conversion Rate otherwise in effect for purposes of Section 11.06, 11.07 or 11.08.