Market Adjustment. The parties to this Agreement recognize the appropriateness of market pay adjustments in rare instances for compelling reasons. To effectuate judgments in such cases, the President and AAUP Chapter President, in consultation, shall each name three (3) individuals to a university Market Evaluation Committee. Deans may submit recommendations for market pay adjustments with supporting written reasons to the Committee. Said Committee shall consult with the President concerning proposed market pay adjustments reporting its advice not later than May 15 in each year. Upon the favorable recommendation of the President and the BOR President, market pay adjustments may be approved effective at the beginning of that pay period including September 1 of the following year. Not more than one (1) market pay adjustment per one hundred (100) full-time members, or fraction thereof, may be recommended in any contract year. A member’s salary may not be increased beyond the maximum for the rank. Funding for this program shall be governed by Article 12.10.2.
Market Adjustment. National Grid customers receiving Standard Offer Service under the Fixed Price Option who leave National Grid for a competitive supplier will be subject to a National Grid billing adjustment. This billing adjustment will appear on your utility xxxx and may be a credit or a charge to your Standard Offer Service xxxx, depending on National Grid rates at the time. Clearview is not responsible for the National Grid Basic Service Billing Adjustment and does not receive these fees.
Market Adjustment. The District commissioned a salary survey, which was completed by Xxxxx Xxxxxxxx & Associates in May of 2021 (“Survey”). Effective the first full pay period in January 2022, the District agrees to provide a market adjustment to those classifications identified as having a top step salary that is more than 5 percent below the median salary listed in the Survey. The amount of any market adjustment to be provided will be equal to the difference between the current salary for the position and a value that is 5 percent below the median. Eligibility for and the amount of any market adjustment will be determined after application of the cost of living adjustment provided by Section 9 below.
Market Adjustment. From time to time, the Employer may require the flexibility to adjust the rate for specific positions in accordance with market pressures. The Employer must meet the following criteria:
Market Adjustment. Compression/market adjustments for bargaining unit members will be determined by appropriate benchmarking within disciplines. The process proceeds as follows:
Market Adjustment. Effective the first full pay period in January 2018, all current employee wage rates as set forth in Exhibit A will be increased by two percent (2.0%).
Market Adjustment. Where a classification has been identified by the Employer as being behind market and such class has been difficult to recruit for or to retain employees in, the Employer may temporarily increase the rate of pay for the class by up to two pay grades (or its percentage equivalent). Such adjustments will be reviewed annually. Upon such annual review, if a classification is found to be above market then the rate for the class will revert to the pay grade or hourly rate in effect prior to the time the temporary increase was applied. Those employees found to be above the range will remain at their current rate until such time as normal increments or general increases match or exceed the employee’s current rate, at which time employees shall again become eligible for increments and general increases.
Market Adjustment. Feb. Feb. Feb. Feb. Current
Market Adjustment. This will confirm our understanding reached during negotiations whereby if the Employer determines that it is unable to recruit/retain employees in specific positions at a particular geographic site, the Employer may provide benefits to employees beyond those outlined in the collective agreement. Sincerely, Xxxxxxx Xxx Chief Negotiator October 4, 2018 Mr. Xxxxx Farewell Representative Canadian Union of Public Employees 00 Xxxxxxxxxxxxx Xxxxx, Xxxxx 000 St. John's, NL A1A 0L4 Dear Mr. Farewell: Re: Requests for Classification Review In order to facilitate the implementation of the new Government Job Evaluation System (JES) on April 15, 2015 this will confirm the parties’ agreement that employees seeking to have their position reviewed, in accordance with the collective agreement, shall submit the request no later than October 1, 2014. Requests received by Classification and Compensation Division of Human Resource Secretariat after this date will not be processed and will be returned to the employee. A revised classification listing will be implemented on April 15, 2015. Sincerely, Xxxxxxx Xxx Chief Negotiator October 4, 2018 Mr. Xxxxx Farewell Representative Canadian Union of Public Employees 00 Xxxxxxxxxxxxx Xxxxx, Xxxxx 000 St. John's, NL A1A 0L4 Dear Mr. Farewell: Re: Job Evaluation System (JES) Implementation This will confirm employees will be implemented on to the Government Job Evaluation System effective April 15, 2015 as follows: - If current salary falls below Step 1 of the new salary scale, employees will advance to step 1 on implementation; or - If current salary falls between 2 steps of the new salary scale, employees will advance to the next highest step; or - If current salary is above the maximum hourly rate on the new salary scale, employees will be red-circled at that rate. Sincerely, Xxxxxxx Xxx Chief Negotiator October 4, 2018 Mr. Xxxxx Farewell Representative Canadian Union of Public Employees P.O. Box 8745 Stn. ‘A’ St. John’s, NL A1B 3T2 Dear Mr. Farewell:
Market Adjustment. 28.7.1 In the event the University determines, at its discretion, that an anomalous market condition exists such that the University has experienced difficulty in recruitment and retaining employees with the skills required by a specific job class, it may provide a temporary market adjustment to the incumbents in that job class.
