Common use of Allocation of Discretionary Funds Clause in Contracts

Allocation of Discretionary Funds. 15.01 The limitations on the right of the University to bargain separately with individual members of the bargaining unit imposed by the Collective Agreement shall not be interpreted as placing any restriction on the discretion of the University to allocate funds placed at its disposal, as a result of the Collective Agreement, for dealing with inequities and anomalies in salaries of members of the bargaining unit. 15.02 If collective bargaining for the year has been concluded and no provision has been made for a salary increase, the University may nevertheless allocate funds for dealing with inequities and anomalies to an amount not exceeding 0.15% of the salaries of those who were members of the bargaining unit on June 30 of the preceding academic year and who continued to be such members on July 1 immediately following. 15.03 Prior to allocating funds provided for in Article 15.02 above, the President shall inform the President of the Faculty Association in confidence of the name of the intended recipient, the increase to be received, and of the rationale for it.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Allocation of Discretionary Funds. 15.01 The limitations on the right of the University to bargain separately with individual members of the bargaining unit imposed by the Collective this Agreement shall not be interpreted as placing any restriction on the discretion of the University to allocate funds placed at its disposal, as a result of the a Collective Agreement, for dealing with inequities and anomalies in salaries of members of the bargaining unit. 15.02 If collective bargaining for the year has been concluded and no provision has been made for a salary increase, the University may nevertheless allocate funds for dealing with inequities and anomalies to an amount not exceeding 0.15% of the salaries of those who were members of the bargaining unit on June 30 of the preceding academic year and who continued to be such members on July 1 immediately following. 15.03 Prior to allocating funds provided for in Article 15.02 above, the President shall inform the President of the Faculty Association in confidence of the name of the intended recipient, the increase to be received, and of the rationale for it.it.‌‌‌

Appears in 1 contract

Samples: Collective Agreement

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Allocation of Discretionary Funds. 15.01 15 01 The limitations on the right of the University to bargain separately sepa- rately with individual members of the bargaining unit imposed by the Collective this Agreement shall not be interpreted as placing any restriction re- striction on the discretion of the University to allocate funds placed at its disposal, as a result of the a Collective Agreement, for dealing with inequities and anomalies in salaries of members of the bargaining unit. 15.02 15 02 If collective bargaining for the year has been concluded and no provision has been made for a salary increase, the University may nevertheless allocate funds for dealing with inequities and anomalies to an amount not exceeding 0.150 15% of the salaries of those who were members of the bargaining unit on June 30 of the preceding academic year and who continued to be such members on July 1 immediately following.salaries 15.03 15 03 Prior to allocating funds provided for in Article 15.02 15 02 above, the President shall inform the President of the Faculty Association in confidence of the name of the intended recipient, the increase to be received, and of the rationale for it.

Appears in 1 contract

Samples: Collective Agreement

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