Payment Methodology for Owner Operators Sample Clauses

Payment Methodology for Owner Operators. The Company presented a new payment system for Owner Operators as it believes that the current system does not meet the needs of the Company or the Owner Operators. The new payment methodology as outlined below will be implemented within sixty (60) days of ratification. The current fuel escalation formula outlined in each collective agreement shall remain in full force and effect. The Unit Chair and two (2) Owner Operator representatives selected by the Union from each province will form a Committee to be consulted on paid time on the implementation of the new methodology and to address any issues arising in an effort to make the transition as smooth as possible. In addition, the Company commits to extensive monitoring of this payment process and agrees to consult with individual Owner Operators on any and all issues that negatively impact their individual payments. The parties will ensure that a minimum bi-weekly guarantee of two thousand dollars ($2000) will apply to all Owner Operators provided this amount is greater than any guarantees already in place. The Company commits to guarantee that at least eighty percent (80%) of all Owner Operator routes by location shall earn at least the same earnings on the route compared to current methodology in each agreement. It is understood that the Company intends each route to be completed within ten (10) hours excluding lunch and breaks under the new payment methodology. Once new routes are implemented, the Company will not reroute an Owner Operator unless there are verifiable service failures within a route, as a result of decreased volumes, or a consistent failure to meet time definite or day definite services. Owner Operators may request a route review at any time and these requests will be handled on an expedited basis through the following procedures: • A Supervisor or Manager must arrange for a route ride-along or follow along within seven (7) working days of the request being received. • Any agreed-upon adjustments to rates, volume, stops, or area will be retroactive to the date of the request for a route review. • The Company will ensure that a team of senior Management from the Operations Department is assigned on an ongoing basis to assist in speedy resolutions of disputes arising out of requests for route review.
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Payment Methodology for Owner Operators. The Company presented a new payment system for Owner Operators as it believes that the current system does not meet the needs of the Company or the Owner Operators. The new payment methodology as outlined below will be implemented within sixty

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