Internal Comparability Sample Clauses

Internal Comparability. There are advantages and disadvantages to becoming the last bargaining unit in Woburn to reach agreement with the City. One advantage, which the Union has stressed, is that the City’s ability to fund the firefighter agreement is easier to discern because its current budget has already factored in the cost of funding the other agreements. One disadvantage is that the other collective bargaining units have set a consistent pattern that included the 5% increase in employee contributions to health insurance benefits also awarded above and a pattern of wage increases totaling 5% over three years except in the case of the other public safety bargaining units – the police. These do not seem to support the 12% pay increase proposed by the Union. How to weigh the comparability of the Police agreements is among the most hotly contested issue in this case. The City views this as a simple 0%/1%/0% settlement along with an agreement to fund Xxxxx Xxxx benefits in order to maintain the status quo despite the Commonwealth’s decision to abandon Xxxxx Xxxx funding. From this perspective, funding the Xxxxx Xxxx does not amount to a wage improvement. It also points out that only grandfathered officers will receive Xxxxx Xxxx benefits at all. Thus, it averages Xxxxx eligible and Xxxxx non-­‐eligible officers when comparing their wages to firefighter wages. In contrast, the Union views the City’s concession to fund Xxxxx Xxxx educational incentives as amounting to a 6.9% pay raise in the first year of the Agreement which, when combined with the 1% raise in year two brings the total police increase to almost 8%. The Union compares a particular firefighter profile to a particular police officer profile using an officer who is Xxxxx eligible in reaching its calculation that there is a firefighter pay lag that justifies its 4%/4%/4% proposal. It is not surprising that the issue of how to factor in the transfer of Xxxxx Xxxx funding from the Commonwealth to the cities and towns opting to assume this expense has come up in earlier JLMC cases. In the two cited by the Union, City of Haverhill and Haverhill Firefighters JLMC-­‐09-­‐11F, and Town of Scituate, JLMC-­‐10-­‐ 15F, Arbitrators Xxxx and Xxxxxx (respectively) each weighed essentially the same arguments made by the parties to this case and concluded that, … Even though…I did not feel it was appropriate to treat (Xxxxx Xxxx) costs as the equivalent of a 6.25% pay increase…The City’s willingness to commit those funds casts signif...
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Related to Internal Comparability

  • Comparability The Parties will comply with all applicable comparability and code of conduct laws, rules and regulations, as amended from time to time.

  • Internal Control Effective control and accountability must be maintained for all cash, real and personal property, and other assets. Grantee must adequately safeguard all such property and must provide assurance that it is used solely for authorized purposes. Grantee must also have systems in place that provide reasonable assurance that the information is accurate, allowable, and compliant with the terms and conditions of this Agreement. 2 CFR 200.303.

  • Internal Controls The Company shall maintain a system of internal accounting controls sufficient to provide reasonable assurances that: (i) transactions are executed in accordance with management’s general or specific authorization; (ii) transactions are recorded as necessary in order to permit preparation of financial statements in accordance with GAAP and to maintain accountability for assets; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; and (iv) the recorded accountability for assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

  • Reliability Reliability targets (Mean Time Between Failures (MTBF)) are defined in the technical specifications as set out in the Contract. Notwithstanding any possible application of penalties relating to reliability defined in the Contract, Goods shall remain covered by the warranty defined in this Article 16 as long as the reliability commitments have not been reached.

  • Financial Reporting The Borrower will maintain, for itself and each Subsidiary, a system of accounting established and administered in accordance with generally accepted accounting principles, and furnish to the Lenders:

  • INTERNAL MAIL 1. The Association shall have reasonable access to inter-school mail.

  • Financial Reports Borrower shall furnish to Agent the financial statements and reports listed hereinafter (the “Financial Statements”):

  • Financial Report The Company shall furnish to the Administrative Agent (for delivery to each of the Lenders):

  • Internal Audit (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to an independent, internal audit program sufficient to:

  • External Audit (a) The Beneficiary or the Executing Agency, as the case may be, shall present to the Bank, during the period of Project execution and within the deadlines and with the frequency provided in the Special Conditions of this Agreement, the Project’s financial statements and other reports, and any additional financial information relating thereto that the Bank may request, in accordance with accounting principles and standards acceptable to the Bank.

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