Common use of Pay Plan Clause in Contracts

Pay Plan. Section18.1. Pay Schedule: Communications Operators shall be paid in accordance with the following pay plan in pay range 312: STEPS A B C D E F Hourly Bi-Weekly Annually $17.33 $1,386.40 $36,046.40 $18.95 $1,516.00 $39,416.00 $20.49 $1,639.20 $42,619.20 $22.10 $1,768.00 $45,968.00 $23.60 $1,888.00 $49,088.00 $25.17 $2,013.60 $52,353.60 STEPS A B C D E F Hourly Bi-Weekly Annually $19.38 $1,550.40 $40,310.40 $20.95 $1,676.00 $43,576.00 $22.60 $1,808.00 $47,008.00 $24.13 $1,930.40 $50,190.40 $25.74 $2,059.20 $53,539.20 $26.70 $2,136.00 $55,536.00 STEPS A B C D E F Hourly Bi-Weekly Annually $19.82 $1,585.60 $41,225.60 $21.42 $1,713.60 $44,553.60 $23.11 $1,848.80 $48,068.80 $24.67 $1,973.60 $51,313.60 $26.32 $2,105.60 $54,745.60 $27.30 $2,184.00 $56,784.00 Effective August 12, 2018 drop Step “A” and add Step “G” with a 3.75% increase from Step “F” to Step “G.” Realign steps to keep steps aligned from “A” to “F.” Employees will remain same step after realignment. Employees will be eligible to move to the next step on their pre-existing anniversary date. The bi-weekly and annual amounts set forth above are computed on an 80-hour work period, 26 periods per annum basis and are for information only. Pay will be based on the hourly rate.

Appears in 4 contracts

Samples: Labor Agreement, Labor Agreement, Labor Agreement

AutoNDA by SimpleDocs

Pay Plan. Section18.1. Pay Schedule: Communications Operators shall be paid in accordance with the following pay plan in pay range 312: STEPS A B C D E F Hourly Bi-Weekly Annually $17.33 20.32 $1,386.40 1,625.60 $36,046.40 42,265.60 $18.95 21.96 $1,516.00 1,756.80 $39,416.00 45,676.80 $20.49 23.69 $1,639.20 1,895.20 $42,619.20 49,275.20 $22.10 25.29 $1,768.00 2,023.20 $45,968.00 52,603.20 $23.60 26.98 $1,888.00 2,158.40 $49,088.00 56,118.40 $25.17 27.98 $2,013.60 2,238.40 $52,353.60 58,198.40 STEPS A B C D E F Hourly Bi-Weekly Annually $19.38 20.90 $1,550.40 1,672.00 $40,310.40 43,472.00 $20.95 22.58 $1,676.00 1,806.40 $43,576.00 46,966.40 $22.60 24.35 $1,808.00 1,948.00 $47,008.00 50,648.00 $24.13 25.98 $1,930.40 2,078.40 $50,190.40 54,038.40 $25.74 27.71 $2,059.20 2,216.80 $53,539.20 57,636.80 $26.70 28.73 $2,136.00 2,298.40 $55,536.00 59,758.40 STEPS A B C D E F Hourly Bi-Weekly Annually $19.82 21.49 $1,585.60 1,719.20 $41,225.60 44,699.20 $21.42 23.21 $1,713.60 1,856.80 $44,553.60 48,276.80 $23.11 25.02 $1,848.80 2,001.60 $48,068.80 52,041.60 $24.67 26.69 $1,973.60 2,135.20 $51,313.60 55,515.20 $26.32 28.46 $2,105.60 2,276.80 $54,745.60 59,196.80 $27.30 29.50 $2,184.00 2,360.00 $56,784.00 61,360.00 Effective August 12, 2018 drop Step “A” and add Step “G” with a 3.75% increase from Step “F” to Step “G.” Realign steps to keep steps aligned from “A” to “F.” Employees will remain same step after realignment. Employees will be eligible to move to the next step on their pre-existing anniversary date. Effective February 6, 2022 and February 5, 2023 a $250 equity adjustment was added to the base pay followed by the 2.25% wage increase. The bi-weekly and annual amounts set forth above are computed on an 80-hour work period, 26 periods per annum basis and are for information only. Pay will be based on the hourly rate.

Appears in 3 contracts

Samples: Labor Agreement, Labor Agreement, Labor Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!