Step and Merit Increases Clause Samples

Step and Merit Increases a. Employees shall receive an annual merit bonus in the amount of one percent (1%) of the employee’s base salary shortly after their annual evaluation date if their performance evaluation is shown to be at a level of outstanding. Employees shall receive an annual merit bonus in the amount of two percent (2%) of the employee’s base salary shortly after their annual evaluation date if their performance evaluation is shown to be at a level of Pursuit of Excellence. The evaluation rankings are: 90% and above = Pursuit of Excellence 80% to 89% = Outstanding 70 to 79% = Satisfactory Below 70% = Failing b. If the employee has not been evaluated within thirty (30) calendar days following his/her anniversary date, the merit increase will be effective at the beginning of the pay period following the employee's anniversary date.
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Step and Merit Increases a. Employees shall receive a 1% merit bonus shortly after their annual evaluation date if their performance evaluation is shown to be at a level of outstanding or higher. The evaluation rankings are: 90% and above = Pursuit of excellence 80% to 89% = Outstanding 70 to 79% = Satisfactory Below 70% = Failing City of West Wendover & Local 4041 Agreement Effective Date July 1, 2015 Page 2018 b. If the employee has not been evaluated within thirty (30) calendar days following his/her anniversary date, the merit increase will be effective at the beginning of the pay period following the employee's anniversary date.
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Step and Merit Increases a. Employees shall receive a 1% merit bonus shortly after their annual evaluation date if their performance evaluation is shown to be at a level of outstanding or higher. The evaluation rankings are: 90% and above = Pursuit of excellence 80% to 89% = Outstanding 70 to 79% = Satisfactory Below 70% = Failing b. If the employee has not been evaluated within thirty (30) calendar days following his/her anniversary date, the merit increase will be effective at the beginning of the pay period following the employee's anniversary date.
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Step and Merit Increases a. Employees shall receive an annual merit bonus in the amount of one percent (1%) of the employee’s base salary shortly after their annual evaluation date if their performance evaluation is shown to be at a level of outstanding. Employees shall receive an annual merit bonus in the amount of two percent (2%) of the employee’s base salary shortly after their annual evaluation date if their performance evaluation is shown to be at a level of Pursuit of Excellence.Employees shall receive a 1% merit bonus shortly after their annual evaluation date if their performance evaluation is shown to be at a level of outstanding or higher. The evaluation rankings are: 90% and above = Pursuit of Eexcellence 80% to 89% = Outstanding 70 to 79% = Satisfactory Below 70% = Failing b. If the employee has not been evaluated within thirty (30) calendar days following his/her anniversary date, the merit increase will be effective at the beginning of the pay period following the employee's anniversary date.
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Related to Step and Merit Increases

  • Merit Increases Merit increases shall be based on satisfactory service. Employees shall be eligible for in-range merit increases on their established anniversary date until such time they have reached the top step of the classification in which they are employed. The eligibility date, for the purpose of this section, shall be the date upon which the employees are granted their first in-range merit increase to the next step of their pay range. This eligibility date may be changed as a result of the timing of future in-range merit increases, promotions or reclassifications.

  • Benefit Increases Benefit payments may be increased as provided in Section 2.1.3.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • General Wage Increases The Employer and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows: (a) Effective 2020 January 01, all hourly rates of pay that were in effect on 2019 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2021 January 01, all hourly rates of pay that were in effect on 2020 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (c) Retroactive payments arising from (a) and (b) will be made as soon as possible following the date of ratification of this Memorandum of Agreement.