Market Based Adjustments. The County shall conduct a single total compensation market-based average study (in accordance with the methodology set forth in Exhibit 3) no later than October 25, 2014. The results of that survey shall be used to determine a market-based hourly rate adjustment as follows: A. If the total compensation study reveals that the total compensation of the represented benchmark classification is not more than ten percent (10%) above the market average total compensation, then the base hourly rate range of that classification and all other classifications covered by this Agreement and the base hourly rate of pay of each represented employee in those classifications shall be increased by one percent (1%) effective June 21, 2015.
Appears in 3 contracts
Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement
