Common use of General Wage Increases Clause in Contracts

General Wage Increases. 1. April 1, 2001 - General wage increase equal to an across the board flat monthly amount of $61. 2. April 1, 2002 - General wage increase 2%. 3. April 1, 2003 - General wage increase 1.5% or cost of living allowance (COLA) whichever is higher. 4. In the event that the April 1, 2003 general wage increase is based on a cost of living allowance it shall be as follows: Effective April 1, 2003, an adjustment equal to 1% of the wage rate for each 1% increase in the Consumer Price Index for the twelve month period preceding the date of the adjustment (i.e. February 2002 to February 2003) shall be added to and form part of the wage rates on the wage schedules set out in Schedule B. The adjustment shall be prorated for increases in the Consumer Price Index of less than 1%. Should the Consumer Price Index in its present form and on the same bases as the Consumer Price Index Base become unavailable, the Parties shall negotiate an alterna- tive formula. If agreement is not reached, the Parties shall request Statistics Canada to provide the appropriate con- version or adjustment which shall be applicable as of the appropriate date. In the event Statistics Canada does not issue the Con- sumer Price Index on or before the applicable adjustment date, any adjustment required will be made during the first pay period after publication of the Consumer Price Index, retroactive to the applicable date. No adjustment shall be made because of any revision which may later be made in the published Consumer Price Index. If the Con- sumer Price Index falls below the Consumer Price Index Base, there shall be no adjustment.‌

General Wage Increases. 1. (i) April 1, 2001 - General wage increase equal to an across the board flat monthly amount of $61– Two percent (2.0%). 2. (ii) April 1, 2002 - General wage increase 2– Two percent (2.0%). 3. (iii) April 1, 2003 - General wage increase – the greater of one point five percent (1.5% %), or cost of living allowance (COLA) whichever is higher. 4. In the event that the April 1, 2003 general wage increase is based on a cost of living allowance it shall be as follows: Effective April 1, 2003, an adjustment equal to 1% of the wage rate for each 1% increase in the Consumer Price Index for the twelve month period preceding the date of the adjustment (i.e. i.e., February 2002 to February 2003) shall be added to and form part of the wage rates on the wage schedules set out in Schedule B. rates. The adjustment shall be prorated for increases in the Consumer Price Index of less than 1%. Should the Consumer Price Index in its present form and on the same bases basis as the Consumer Price Index Base become unavailable, the Parties shall negotiate an alterna- tive alternative formula. If agreement is not reached, the Parties shall request Statistics Canada to provide the appropriate con- version conversion or adjustment which shall be applicable as of the appropriate adjustment date. In the event Statistics Canada does not issue the Con- sumer Consumer Price Index on or before the applicable adjustment date, any adjustment required will be made during the first pay period after publication of the Consumer Price Index, retroactive to the applicable adjustment date. No adjustment shall be made because of any revision which may later be made in the published Consumer Price Index. If the Con- sumer Consumer Price Index falls below the Consumer Price Index Base, there shall be no adjustment.‌adjustment.

General Wage Increases. 1. (i) April 1, 2001 - General wage increase equal to an across the board flat monthly amount of $61– Two percent (2.0%). 2. (ii) April 1, 2002 - General wage increase 2– Two percent (2.0%). 3. (iii) April 1, 2003 - General wage increase – the greater of one point five percent (1.5% %), or cost of living allowance (COLA) whichever is higher. 4. In the event that the April 1, 2003 general wage increase is based on a cost of living allowance it shall be as follows: Effective April 1, 2003, an adjustment equal to 1% of the wage rate for each 1% increase in the Consumer Price Index for the twelve (12) month period preceding the date of the adjustment (i.e. i.e., February 2002 to February 2003) shall be added to and form part of the wage rates on the wage schedules set out in Schedule B. rates. The adjustment shall be prorated for increases in the Consumer Price Index of less than 1%. Should the Consumer Price Index in its present form and on the same bases basis as the Consumer Price Index Base become unavailable, the Parties shall negotiate an alterna- tive alternative formula. If agreement is not reached, the Parties shall request Statistics Canada to provide the appropriate con- version conversion or adjustment which shall be applicable as of the appropriate adjustment date. In the event Statistics Canada does not issue the Con- sumer Consumer Price Index on or before the applicable adjustment date, any adjustment required will be made during the first pay period after publication of the Consumer Price Index, retroactive to the applicable adjustment date. No adjustment shall be made because of any revision which may later be made in the published Consumer Price Index. If the Con- sumer Consumer Price Index falls below the Consumer Price Index Base, there shall be no adjustment.‌adjustment.