Promotion-grade increment timing follows the existing increment date or promotion anniversary, subject to accrued post-scale benefits. Where promotion occurs before the employee reaches the maximum of the incremental scale in the pre-promotional grade, the next increment in the ... Summary
International Financial Services Centres Authority (Employees' Service) Regulations, 2026
Promotion-grade increment timing follows the existing increment date or promotion anniversary, subject to accrued post-scale benefits.
Where promotion occurs before the employee reaches the maximum of the incremental scale in the pre-promotional grade, the next increment in the promotional grade falls on the same increment date that applied in the pre-promotional grade. Where the employee has reached that maximum, the next increment falls one year from the date of promotion, subject to alignment with the accrual date of qualifying post-scale benefits.
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