Agreement Regarding Restoration of Class Size. Composition, Ratios and Ancillary Language with a district-based process. Implementation shall be subject to an agreement through a bipartite process. If consensus cannot be reached, the mediator assigned to the Section 53 process may issue recommendations which may be accompanied by a summary report or covering letter which describes the intent of the recommendations. If the parties reach a voluntary agreement or recommendations are issued and accepted by both parties, and sufficient ongoing savings are generated, then the parties agree to a Retention Initiative Dividend (RID) of up to one percent (1%) which shall be applied to the top step of the salary grid. The Retention Initiative Dividend (RID) shall be effective July 1, 2021.
Appears in 3 contracts
Samples: Local Collective Agreement, Collective Agreement, Collective Agreement
Agreement Regarding Restoration of Class Size. Composition, Ratios and Ancillary Language with a district-based process. Implementation shall be subject to an agreement through a bipartite process. If consensus cannot be reached, the mediator assigned to the Section 53 process may issue recommendations which may be accompanied by a summary report or covering letter which describes the intent of the recommendations. If the parties reach a voluntary agreement or recommendations are issued and accepted by both parties, and with sufficient ongoing savings are being generated, then the parties agree to a Retention Initiative Dividend (RID) of up to one percent (1%) which shall be applied to the top step of the salary grid. The Retention Initiative Dividend (RID) shall be effective July 1, 2021.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement