2018 Wage Adjustments Sample Clauses

2018 Wage Adjustments. Effective July 1, 2018*, the range start (minimum) and top (maximum) rates will increase by two percent (2%). Employees will receive a two percent (2%) increase to their hourly wage increase. This increase will be applied to the base salary not to exceed the top of the new range. Any increase amount above the range top will be paid as a lump sum payment. No employee increase will be more than a total of two percent (2%) based on the maximum of their salary grade in either the base salary increase or the lump sum combined. *The dates on which the individual hourly wage rate increases and range adjustments are provided above, are the start of the payroll period which begins closest to the applicable July 1 of each respective year. MERIT PAY SYSTEM Regions Hospital Merit Pay System will continue to apply to all employees covered under this agreement. The Merit Pay System will address how employees move through the pay ranges. Employees are eligible to receive pay increases based upon job performance. The amount of an individual merit increase is determined by. The level of the employee's job performance as evaluated by the employee's manager/supervisor. The "merit matrix" specifies the percent increase that will be awarded to employees. The performance evaluation form uses a five (5) level scale. Each manager has the responsibility to determine how an employee's total performance evaluation equates to level of performance. Employees will have an overall evaluation rating of significantly exceeds expectations, exceeds expectations, performing at expectations, needs improvement or significantly needs improvement. An employee who did not work during the entire evaluation period of January 1 - December 31 will be deemed unable to assess and will not be eligible for a merit increase. Merit increases will be added on to an individual's base rate of pay. Merit increases are effective the pay period following April 1st of each year. If an employee's merit increase results in his/her new hourly salary rate exceeding the maximum of the range established in Appendix A, the employee will receive a lump sum amount rather than an increase to the base compensation.
Sample 1
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2018 Wage Adjustments. Effective the first full pay period in January 2018, all Lieutenants salary schedules shall be increased by two percent (2.0%).
Sample 1

Related to 2018 Wage Adjustments

  • Wage Adjustments If the funding available to be used for wages provided by Government in any fiscal year increases, the Employer shall pass on such increases to employees consistent with the funding increase adjusted for any additional deficits that this contract incurs. This will be the case whether the funding increase is for the entire year or simply a portion of it, and wage increases shall be effective upon the effective date of the increased funding. Should there be no increase provided by Government, wages will be maintained at their present levels. Should there be a decrease in funding, then the Employer will maintain wages at present levels. The Employer will promptly provide the Union with any information it receives from the Government regarding funding available for wages, and the parties will meet as required to work towards cooperative resolution of any issues arising from this Government information.

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable. SCHEDULE D SPECIAL DISTRIBUTION SERVICES AND FEES Services Fees

  • EQUITY ADJUSTMENTS The parties subscribe to the principle of equal pay for work of equal value. The parties will continue to move towards the mutual goal of the Community Social Services Sector achieving the objectives set out in Sections A(1), (2) and (3) above, as follows:

  • Market Adjustments 22. Neither this Article nor any other in this Collective Agreement prevents the Employer from using other funds to increase a Member’s salary in response to offers received from other employers or to accommodate other market forces.

  • Pay Adjustments (1) Where the rate of pay of a position or job is adjusted upwards, the employee shall be placed on the lowest step of the new pay range which will give him/her a monthly increase and the increment anniversary shall be that date.

  • Equitable adjustments (1) If the Contracting Officer confirms that Government conduct effected a change as alleged by the Contractor, and the conduct causes an increase or decrease in the Contractor's cost of, or the time required for, performance of any part of the work under this contract, whether changed or not changed by such conduct, an equitable adjustment shall be made--

  • RATE ADJUSTMENTS 1. Taxes applicable to the gas delivered to Buyer hereunder as are in effect on January 1,\ immediately preceding the effective date of these terms and conditions shall be added to Buyer's bill. The term 'tax' as used herein shall mean any tax, license fee, or charge applicable to the gas delivered hereunder, imposed on Seller by any governmental authority on such gas. If the existing rate of any such tax in effect on January 1'\, immediately preceding the effective date of these terms and conditions, be hereafter increased or decreased, or if any tax heretofore in effect or hereafter be imposed or repealed, the resulting increase or decrease In such taxes, computed on a cents per dekatherm basis, shall be renected, as the case may be, on Buyer's bill.

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