Internal:Employment policy amendment

Resolution
The Employment Policy is amended by replacing Paragraph 2 of Article IV with the following text:


 * 2. Annual Reviews . An annual review of salaries and wages shall take place, with adjustments being made to the pay scale as necessary. Notwithstanding the provisions of Article IV, Paragraph 1 of this Policy, the President shall be authorized to approve annual salary and wage increases, which shall not exceed ten percent (10%) of an employee's salary or wages, upon the satisfactory completion of an annual review for each employee.  All salary increases shall be contingent upon the availability of sufficient funds.