Salary Principles Sample Clauses

The Salary Principles clause establishes the foundational rules and guidelines for determining employee compensation within an organization. It typically outlines the factors that influence salary decisions, such as job responsibilities, market benchmarks, and employee performance, and may specify processes for salary reviews or adjustments. By setting clear standards for how salaries are set and managed, this clause ensures fairness, transparency, and consistency in compensation practices, helping to prevent disputes and promote employee satisfaction.
Salary Principles. The Board will establish a Salary Schedule for teachers as may be needed to maintain the operations and carry out the educational program of the District, and consistent insofar as possible with the desires of the employees and these salary principles. Such a Schedule will be approved by the Board. A. The compensation program should establish salary goals for all staff members at least equivalent to the highest level in Colorado commensurate with the District's ability to do so. B. The compensation program should recognize the training a staff member received before employment and subsequent thereto. C. The compensation program should recognize the experience a staff member received before employment and subsequent thereto. Effective July 1 of the 2012 – 2013 school year, teachers will be paid according to the Teachers Salary Schedule.
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Salary Principles. The Board will establish a Salary Schedule for teachers as may be needed to maintain the operations and carry out the educational program of the District, and consistent insofar as possible with the desires of the employees and these salary principles. Such a Schedule will be approved by the Board. 1. The compensation program should establish salary goals for all staff members at least equivalent to the highest level in Colorado commensurate with the District's ability to do so. 2. The compensation program should recognize the training a staff member received before employment and subsequent thereto. 3. The compensation program should recognize the experience a staff member received before employment and subsequent thereto. Teachers will be paid according to the Teachers Salary Schedule.
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Salary Principles. The Board will establish a Salary Schedule for teachers as may be needed to maintain the operations and carry out the educational program of the District, and consistent insofar as possible with the desires of the employees and these salary principles. Such a Schedule will be approved by the Board.
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Salary Principles. The setting of salaries shall be individual and differentiated. The salary shall be determined taking into account the responsibility and the degree of difficulty of the duties and the individual salaried employee’s way of fulfilling these. Leadership ability, judgment and initiative, financial responsibility, collaborative skills, inventiveness and power of innovation shall be taken into account in the setting of salaries. The salary should increase with increasing responsibility and degree of difficulty and with the salaried employee's performance and skill. Market forces also affect salary balancing. The same principles for setting of salaries shall apply to women and men as well as to younger and older salaried employees regardless of ethnic origin. It is important that existing salary differentials are perceived as justified and fair. The setting of salaries should stimulate the development of skills in various forms. Before the local salary negotiations, the local parties shall analyse if discriminatory or otherwise objectively unjustified salary differentials exist. If these analyses show that unjustified salary differentials exist in the company, these must be adjusted in connection with the negotiations. Those on parental leave, who do not work at the date of a salary review, shall be included in the salary review on the same terms and conditions as other salaried employees.
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Salary Principles. There shall be a difference in salaries between salaried employees in a management position and subordinate personnel who are not in a specialist position. Upon salary setting and salary comparisons also benefits in addition to salary shall be considered. Men and women shall have equivalent salary for work that is equivalent or that can be considered equivalent, unless the differences in salaries are a result of factors that apply to the individual salary adjustment. Salaried employees with a long experience within the company in their work/profession shall not have an unfavorable salary development in relation to salaried employees with shorter experience. Salaried employees who have been or are on parental leave shall not, because of the leave, have a disadvantageous salary development in relation to other salaried employees at the company. As to salaried employees, who do not receive an acceptable salary increase, separate discussions shall be held between the manager determining the salary and the employee about the latter’s conditions for the work assignments and the general work conditions, the need for competence-increasing efforts or other suitable actions.
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Related to Salary Principles

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • Cost Principles The Subrecipient shall administer its program in conformance with 2 CFR Part 200, et al; (and if Subrecipient is a governmental or quasi-governmental agency, the applicable sections of 24 CFR 85, “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments,”) as applicable. These principles shall be applied for all costs incurred whether charged on a direct or indirect basis.

  • ▇▇▇▇▇▇▇▇ FAIR EMPLOYMENT PRINCIPLES In accordance with the ▇▇▇▇▇▇▇▇ Fair Employment Principles (Chapter 807 of the Laws of 1992), the Contractor hereby stipulates that the Contractor either (a) has no business operations in Northern Ireland, or (b) shall take lawful steps in good faith to conduct any business operations in Northern Ireland in accordance with the ▇▇▇▇▇▇▇▇ Fair Employment Principles (as described in Section 165 of the New York State Finance Law), and shall permit independent monitoring of compliance with such principles.

  • Applicable Principles Subject to the provisions of this Agreement, the Realized Tax Benefit or Realized Tax Detriment for each Taxable Year is intended to measure the decrease or increase in the Actual Tax Liability of the Corporation for such Taxable Year attributable to the Basis Adjustments and Imputed Interest, as determined using a “with and without” methodology described in Section 2.4(a). Carryovers or carrybacks of any tax item attributable to any Basis Adjustment or Imputed Interest shall be considered to be subject to the rules of the Code and the Treasury Regulations or the appropriate provisions of U.S. state and local tax law, as applicable, governing the use, limitation and expiration of carryovers or carrybacks of the relevant type. If a carryover or carryback of any tax item includes a portion that is attributable to a Basis Adjustment or Imputed Interest (a “TRA Portion”) and another portion that is not (a “Non-TRA Portion”), such portions shall be considered to be used in accordance with the “with and without” methodology so that: (i) the amount of any Non-TRA Portion is deemed utilized first, followed by the amount of any TRA Portion (with the TRA Portion being applied on a proportionate basis consistent with the provisions of Section 3.3(a)); and (ii) in the case of a carryback of a Non-TRA Portion, such carryback shall not affect the original “with and without” calculation made in the prior Taxable Year. The Parties agree that, subject to the second to last sentence of Section 2.1(a), all Tax Benefit Payments attributable to an Exchange will be treated as subsequent upward purchase price adjustments that give rise to further Basis Adjustments for the Corporation beginning in the Taxable Year of payment, and as a result, such additional Basis Adjustments will be incorporated into such Taxable Year continuing for future Taxable Years until any incremental Basis Adjustment benefits with respect to a Tax Benefit Payment equals an immaterial amount.

  • General Principles Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.