Pay Periods and Salary Adjustments
Belongs To Collection(s)
> employee handbook united states based employees
Salary is payable semi-monthly, with limited exceptions. All promotions, transfers, and salary increases for employees, other than unionized employees, require the review and approval of the employee's vice president, the Office of Financial Affairs, the Office of Human Resources, and the president. For unionized employees, promotions, transfers, and salary adjustments are governed by the applicable collective bargaining agreement.
From time to time, NYIT authorizes, for certain of its non-unionized employees, a periodic salary adjustment or "PSA." Eligible employees must have (a) been employed by NYIT for at least six months prior to the effective date of the PSA; and (b) demonstrated satisfactory job performance.