Base Pay Wage Increases Sample Clauses

Base Pay Wage Increases. Bargaining unit employees who have completed their probationary period and who received performance evaluations of satisfactory (750) or above in the evaluation preceding each September 1 date shall receive the following corresponding wage increase: Effective September 1, 2011, each employee in the bargaining unit shall receive an across- the – board wage increase based upon changes in the annual Consumer Price Index (CPI) for the Midwest Region Size Class D (Population less than 50,000) rounded to the nearest tenth of one percent. The most recent calendar year annual CPI value will be compared to the prior calendar year annual year CPI to determine the rate of increase on a percentage basis (i.e. for 2010 versus 2009: (204.572 – 200.15 = 4.557) (4.557/200.015 x 100 = 2.3%). In no case shall the pay increase be less than .5% or greater than 4.0%. Effective September 1, 2012, same formula as above using CPI data showing change from 2010 to 2011. Effective September 1, 2013, same formula as above using CPI data showing change from 2011 to 2012.
AutoNDA by SimpleDocs

Related to Base Pay Wage Increases

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage.

  • General Wage Increases The Employer and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows:

  • General Wage Increase Effective July 1, 2007, a general wage increase consisting of 2% was added to each grade and step of the pay plan(s) affecting the bargaining unit employees. Effective July 1, 2008, a general wage increase consisting of 2% will be added to each grade and step of the pay plan(s) affecting the bargaining unit employees.

  • BASE PAY RATE The employee's basic hourly rate exclusive of overtime premium, shift premium, stability or any other special allowances.

  • SALARY STEP INCREASES a. Increases to steps above the entry step shall be based on performance and length of service. The employee must have earned the equivalent of at least twenty-six

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

  • Salary Pay Date/Schedule 3.1.1 Save and except for substitute teachers, each teacher shall be paid 1/12 of their annual rate of salary on or before the 25 day of the month from September to August inclusive provided that the December payment shall be made prior to the last teaching day in December.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

Time is Money Join Law Insider Premium to draft better contracts faster.