Common use of General Salary Increases Clause in Contracts

General Salary Increases. and New Step 9 1. Effective with the start of the pay week commencing closest to January 1, 2024, employees shall be provided an across-the-board salary increase of six percent (6%) added to the base hourly rate, rounded to the nearest cent. Salary schedules shall be increased accordingly. 2. Effective on the first Cycle B and Cycle A payday of February 2024, full-time employees in pay status will receive an eight hundred dollar ($800) lump sum payment, less applicable taxes and deductions. This lump sum amount will be pro-rated for seasonal and part time employees. Intermittent employees covered by this Agreement will be eligible on a pro-rated basis based upon the hours worked in the twelve months immediately prior to January 1, 2024. 3. Effective with the start of the pay week commencing closest to July 1, 2024, employees shall be provided an across-the-board salary increase of three percent (3%) added to the base hourly rate, rounded to the nearest cent. Salary schedules shall be increased accordingly. 4. Effective with the start of the pay week commencing closest to July 1, 2024, a new Step 9 shall be created on all applicable salary schedules by adding four percent (4%) to the base hourly rate of the Step 8 rate in place after the salary increase identified in section 3 above, rounded to the nearest cent; employees shall then be advanced to the next higher step on the appropriate salary schedule upon satisfactory completion of one year of service for Steps 1 through 9 on their next scheduled anniversary date consistent with the Salary Schedule Progression language of this article.

General Salary Increases. and New Step 9 1. Effective with the start of the pay week commencing closest to January 1, 2024, employees shall be provided an across-the-board salary increase of six percent (6%) added to the base hourly rate, rounded to the nearest cent. Salary schedules shall be increased accordingly. 2. Effective on the first Cycle B and Cycle A payday of February 2024, full-time employees in pay status will receive an eight hundred dollar ($800) lump sum payment, less applicable taxes and deductions. This lump sum amount will be pro-rated for seasonal and part time employees. Intermittent employees covered by this Agreement will be eligible on a pro-rated basis based upon the hours worked in the twelve months immediately prior to January 1, 2024. 3. Effective with the start of the pay week commencing closest to July 1, 2024, employees shall be provided an across-the-board salary increase of three percent (3%) added to the base hourly rate, rounded to the nearest cent. Salary schedules shall be increased accordingly., 4. Effective with the start of the pay week commencing closest to July 1, 2024, a new Step 9 shall be created on all applicable salary schedules by adding four percent (4%) to the base hourly rate of the Step 8 rate in place after the salary increase identified in section 3 above, rounded to the nearest cent; employees shall then be advanced to the next higher step on the appropriate salary schedule upon satisfactory completion of one year of service for Steps 1 through 9 on their next scheduled anniversary date consistent with the Salary Schedule Progression language of this article.