Common use of Increase Threshold Clause in Contracts

Increase Threshold. A wage threshold of 40% above any minimum prescribed hourly rate of pay is implemented as from the first full pay week in May 2021, provided that the employee who is already earning a wage above the threshold will only receive the across the board increase minus 1.5%.

Appears in 5 contracts

Samples: Main Collective Agreement, Main Collective Agreement, Main Collective Agreement

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Increase Threshold. A wage threshold of 40% above any minimum prescribed hourly rate of pay is implemented as from the first full pay week in May 20212022, provided that the employee who is already earning a wage above the threshold will only receive the across the board increase minus 1.5%.

Appears in 5 contracts

Samples: Main Collective Agreement, Main Collective Agreement, Main Collective Agreement

Increase Threshold. 3.3.1 A wage threshold of 40% above any minimum prescribed hourly rate of pay is implemented as from the first full pay week in May 20212024, provided that the employee who is already earning a wage above the threshold will only receive the across the board increase minus 1.5%. 3.3.2 In the event that an employee earns above the threshold if the full across the board increase is to be awarded, such employee may not be awarded the full across the board increase, but shall receive an increase up to the threshold or the across the board increase minus 1.5%, whichever is the greater.

Appears in 4 contracts

Samples: Main Collective Agreement, Main Collective Agreement, Main Collective Agreement

Increase Threshold. 3.1 A wage threshold of 40% above any minimum prescribed hourly rate of pay is implemented as from the first full pay week in May 20212025, provided that the employee who is already earning a wage above the threshold will only receive the across the board increase minus 1.5%.

Appears in 4 contracts

Samples: Main Collective Agreement, Main Collective Agreement, Main Collective Agreement

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Increase Threshold. 5.3.1 A wage threshold of 40% above any minimum prescribed hourly rate of pay is implemented as from the first full pay week in May 20212025, provided that the employee who is already earning a wage above the threshold will only receive the across the board increase minus 1.5%. 5.3.2 In the event that an employee earns above the threshold if the full across the board increase is to be awarded, such employee may not be awarded the full across the board increase, but shall receive an increase up to the threshold or the across the board increase minus 1.5%, whichever is the greater.

Appears in 4 contracts

Samples: Main Collective Agreement, Main Collective Agreement, Main Collective Agreement

Increase Threshold. 1.3.1 A wage threshold of 40% above any minimum prescribed hourly rate of pay is implemented as from the first full pay week in May 20212023, provided that the employee who is already earning a wage above the threshold will only receive the across the board increase minus 1.5%. 1.3.2 In the event that an employee earns above the threshold if the full across the board increase is to be awarded, such employee may not be awarded the full across the board increase, but shall receive an increase up to the threshold or the across the board increase minus 1.5%, whichever is the greater.

Appears in 4 contracts

Samples: Main Collective Agreement, Main Collective Agreement, Main Collective Agreement

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