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Section 5. Salaries 5.1 Rates of Pay The salary ranges for all employees as set forth in Appendix A represent, for each classification, the standard rate of pay for full-time employment and represent the total compensation due employees, except for overtime compensation and other benefits specifically provided by the Department as outlined in this Memorandum of Understanding. Effective the first pay period on or after January 1, 2015 (January 3, 2015), the salary ranges of all classifications represented by the Union shall be increased by three percent (3%). Effective the first pay period on or after July 1, 2015 (July 4, 2015), the salary ranges of all classifications represented by the Union shall be increased by three percent (3%). Effective the first pay period on or after July 1, 2016 (July 2, 2016), the salary ranges of all classifications represented by the Union shall be increased by three percent(3%). Effective the first pay period on or after July 1, 2017 (July I, 2017), the salary ranges of all classifications represented by the Union shall be increased by three percent(3%). 5.2 Entrance Salary The entrance salary and benefits for a new employee entering the Department service shall be the minimum salary for the class to which he/she is appointed. When circumstances warrant, the Fire Chief may authorize an entrance salary for the original appointment or a reinstatement at a rate greater than the minimum rate for that classification. 5.3 Conversion of Pay Rates Any monthly rate of pay may be converted into any equivalent rate of pay or to any other time basis when, in the judgment of the Fire Chief, such a conversion is advisable. In determining the equivalent amounts on a different time basis, the Fire Chief shall provide tables for use in converting monthly salaries to hourly rates, as well as for calculating hourly rates. 5.4 Salary Advancement Permanent and probationary employees shall be advanced one salary step in their respective classifications after satisfactory completion of full-time service, until the top of the range is reached. (See timetable below). No salary advancement shall exceed the maximum rate established in the respective classification. Advancements shall not be automatic but shall depend upon increased service value of an employee to the City as recommended by the Fire Chief. 5