Common use of Compression Adjustment Clause in Contracts

Compression Adjustment. Effective September 1st of Years 2 and 3 of this Agreement, each member of the Bargaining Unit shall have his/her salary increased by a certain fraction R of his/her base salary for each complete year of service in the Bargaining Unit up to a total of 12 years. The fraction R shall be determined each year using the same calculation as used in the 2010-2013 Agreement, so that the total salary increases due to compression adjustments shall be 0.25% and 0.25% of the total base salaries of those in the Bargaining Unit as of June 30, 2017 and June 30, 2018, respectively.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Compression Adjustment. Effective September 1st of Years 2 and 3 each year of this Agreement, each member of the Bargaining Unit shall have his/her salary increased by a certain fraction R of his/her base salary for each complete year of service in the Bargaining Unit up to a total of 12 years. The fraction R shall be determined each year using the same calculation as used in the 2010-2013 Agreement, so that the total salary increases due to compression adjustments shall be 0.25%, 0.25% and 0.25% of the total base salaries of those in the Bargaining Unit as of June 30, 2017 2013, June 30, 2014, and June 30, 20182015, respectively.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, serb.ohio.gov

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