OF WAGE RATES AND RATIFICATION BONUS Sample Clauses

OF WAGE RATES AND RATIFICATION BONUS a. Effective the first full pay period following July 1, 2021, the Hospital will adopt the salary schedule set forth in Appendix B. All full-time and part-time Employees shall have their hourly wage increased to (1) the rate corresponding to their years of continuous service at the Employer and job classification as described in Appendix B or (2) at the rate of 4.0%, whichever is greater, except in the event an Employee’s appropriate rate would result in more than a ten percent (10%) increase by moving to their appropriate step on the wage schedule that Employee’s increase shall be limited to ten percent (10%) above their current base rate. New hires and transfers to a new classification will be placed at the appropriate wage step for their job classification and years of experience using the Appendix B wage step in effect on the date of hire/transfer.
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Related to OF WAGE RATES AND RATIFICATION BONUS

  • Protected Salary Rates A. The Employer shall continue the current salary rate protection program for the duration of this Agreement.

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  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

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