Promotion-grade increment dates follow the existing cycle or post-scale benefit accrual after maximum pay is reached. Promotion-grade increment entitlement preserves the pre-promotional increment date where promotion occurs before the employee reaches the maximum of that ... Summary
International Financial Services Centres Authority (Employees' Service) Regulations, 2020
Promotion-grade increment dates follow the existing cycle or post-scale benefit accrual after maximum pay is reached.
Promotion-grade increment entitlement preserves the pre-promotional increment date where promotion occurs before the employee reaches the maximum of that grade's incremental scale. After the maximum is reached, the next promotional-grade increment is due one year after promotion. However, where a post-scale benefit, including personal allowance or stagnation increment, would accrue in the pre-promotional grade within one year of actual promotion, the promotional-grade increment is due on the date of that accrual.
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