Definition of Parity and Parity Compensation Sample Clauses

Definition of Parity and Parity Compensation. Parity is defined as equal pay for equal work. Parity rate is derived from the CODFA overload/intersession rates for lecture and lab. In order to achieve Parity and maintain it thereafter, XXXXX salary schedule continues to be negotiable during agreed upon reopenersand successor agreements.
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Related to Definition of Parity and Parity Compensation

  • Definition of Overtime Overtime means those hours worked in excess of normal hours of work as per Article 8.1 (Normal Work Week).

  • Definition of Seniority Seniority shall be defined as the length of an employee's continuous service with the Employer, commencing with his/her last date of full-time hire. The application of seniority shall be limited to the preferences specifically recited in this Agreement.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

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