Promotion increment timing follows the existing schedule before scale maximum and the promotion anniversary thereafter, subject to post-scale benefits. Promotion to a higher grade retains the existing increment date where the employee has not reached the maximum of the pre-promotional incremental scale. ... Summary
International Financial Services Centres Authority (Employees' Service) Regulations, 2026
Promotion increment timing follows the existing schedule before scale maximum and the promotion anniversary thereafter, subject to post-scale benefits.
Promotion to a higher grade retains the existing increment date where the employee has not reached the maximum of the pre-promotional incremental scale. If the employee has reached that maximum, the next promotional-grade increment is due one year from actual promotion. Where a post-scale benefit, including personal allowance or stagnation increment, would accrue in the pre-promotional grade within that year, the promotional-grade increment becomes due on the date that benefit accrues.
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