Minimum Rates and Merit Increases Sample Clauses

Minimum Rates and Merit Increases. The minimum Hourly Wage Rates for all covered employees under this Agreement shall be as listed on the attached Schedule "A". It is understood that these are minimum hourly wage rates and the Employer, in consideration of merit or length of service, may pay in excess of same. The Employer shall notify the Union of any such increases. The parties agree that the wage rates established in this Agreement for each year of the contract are intended to establish the maximum rates required to be paid by the Employer. In the event that the Employer is required by any federal, state, local, or airport law, regulation, or procedure of any kind, including but not limited to “Minimum Wage” increases, to pay a rate higher than the contractually negotiated rate to any employee (a “mandated increase”), such impacted employees shall receive only the greater of such mandated increase or the contractually agreed upon increase for the twelve month period commencing on the date the mandated increase takes effect, not both, and such contractually agreed upon increase for that twelve month period shall be null and void. Moreover, to the extent the mandated increase in any year also exceeds the contractually agreed upon wage increases in future years, such wage increases shall also become null and void (e.g., if a Minimum Wage law increases the minimum rate by $1.50 in Year 1 of the contract, there will be no further wage increases required by the contract until the contractually agreed upon increases would have equaled a total of $1.50 over the life of the contract). Further, it is agreed that in the event that a future minimum wage law allows for the possibility that it may be waived and superseded by a collective bargaining agreement, at the Employer’s request, the parties agree to meet and discuss the possibility of the Union agreeing to such waiver.
Sample 1
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Minimum Rates and Merit Increases. The minimum Hourly Wage Rates for all covered employees under this Agreement shall be as listed on the attached Schedule "A". It is understood that these are minimum hourly wage rates and the Employer, in consideration of merit or length of service, may pay in excess of same.
Sample 1

Related to Minimum Rates and Merit Increases

  • Minimum Rates The parties to this Agreement shall from time to time agree minimum rates for writers which shall be reviewed annually. The minimum rates shall be the basis for calculating Fees payable to writers as set out below which shall be subject to individual negotiation between the BBC and the Writer or the Writer’s professional representative.

  • Rental Rates and Wage Rates for Change Orders As soon as is practical, but prior to the completion of the Construction Preparation Period and in any event prior to the commencement of any Work on the Site, the Contractor shall submit in accordance with the style and format of a specimen to be furnished by the Owner for consideration of the Owner the following: (1) a proposal for rental rates on heavy construction equipment that shall apply in the event Change Order Work is performed, and (2) a proposal for wage rates for the types of project labor that shall apply in the event of the execution of any Change Order Work. Under penalty of false swearing, a principal of the contracting firm shall certify that the proposal for rental rates and proposal for wage rates do not exceed current costs for like services. The Owner will in no event consider a rental rate in excess of eighty percent of the rate set forth in the latest edition of the "Compilation of Nationally Averaged Rental Rates for Construction Equipment" of the Associated Equipment Distributors unless the rates proposed in excess of eighty percent are supported by proof satisfactory to the Owner that the excess rates are reasonable. If the equipment is owned by the Contractor the costs shall be charged at a maximum of eighty percent of market monthly rental rates for the amount of time used. If applicable, transportation costs may be included. The decision of the Owner shall be final, binding and conclusive on all parties. Rental rates shall be payable only for the actual time the equipment is required on the Site.

  • Merit Increases (a) Subject to documented assessment and performance review undertaken pursuant to the Performance Management System, an employee on anniversary date may be granted an increase of up to five pay increments in the pay scale, not to exceed the control point maximum.

  • Annual Increments (a) For regular full-time Employees, a one-step increase within the salary range shall become effective as of the first day of April or the first day of October as the case may be. Where the anniversary date of an initial appointment falls between January 1 and June 30, the date of the increment increase will be April 1, and where between July 1 and December 31, the date of the increment increase will be October 1.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • ANNUAL INCREMENT (1) Staff shall be entitled to an annual increment which shall be negotiated with the Union annually.

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • Promotion Increases (a) Promotion salary increases shall be granted in an amount equal to 9.0% of the employee’s previous year’s base salary rate in recognition of promotion to one of the ranks described below:

  • Periodic Increases Periodic increases are provided as follows:

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