Base Salary Adjustments. (1) Effective March 27, 2016, there shall be an increase in the base salary of each eligible Member of 1.50%. (2) Effective March 26, 2017, there shall be an increase in the base salary of each eligible Member of 1.50% (based on a combined 1.0% General Salary Increase and 0.5% Market Adjustment). (3) Effective March 25, 2018 there shall be an increase in the base salary of each eligible Member of 1.50%. (4) Effective March 24, 2019, there shall be an increase in the base salary of each eligible Member of 2.00%. (5) Effective March 22, 2020, there shall be an increase in the base salary of each eligible Member of 1.00%. (6) Any Member whose salary on April 1 of a given year is below the new floor after implementation of the base salary adjustments described in 28.03 and applicable floor adjustments described in 28.02, shall have their salary raised to the new floor applicable to their rank.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Base Salary Adjustments. (1) Effective March 27, 2016, there shall be an increase in the base salary of each eligible Member of 1.50%.
(2) Effective March 26, 2017, there shall be an increase in the base salary of each eligible Member of 1.50% (based on a combined 1.0% General Salary Increase and 0.5% Market Adjustment).
(3) Effective March 25, 2018 there shall be an increase in the base salary of each eligible Member of 1.50%.
(4) Effective March 24, 20192015, there shall be an increase in the base salary of each eligible Member of 2.00%.
(5) Effective March 22, 2020, there shall be an increase in the base salary of each eligible Member of 1.00%.
(6) Any Member whose salary on April 1 of a given year is below the new floor after implementation of the base salary adjustments described in 28.03 and applicable floor adjustments described in 28.02, shall have their salary raised to the new floor applicable to their rank.
Appears in 1 contract
Samples: Collective Agreement
