POTENTIAL ADJUSTMENT TO WAGE AND BENEFIT SCHEDULE Sample Clauses

POTENTIAL ADJUSTMENT TO WAGE AND BENEFIT SCHEDULE. During bargaining of the 2011-2015 Collective Agreement the parties agreed that the wage schedules in Article 10 could be modified depending upon the rate of inflation in Alberta and/or Oil Prices. Potential adjustments could occur only for the May 6, 2012, November 4, 2012 and/or May 5, 2013, November 3, 2013 and/or May 4, 2014, November 2, 2014 time periods. It is agreed between the parties that the processes identified in Appendix “L” would cause the wage schedule for any one or more of the above mentioned time periods to be adjusted. (a) A 2012 wage adjustment shall be made to the May 6, 2012 and November 4, schedules as per the process identified in Appendix “L” 2012 Wage Adjustment. 2012 wage (b) A 2013 wage adjustment shall be made to the May 5, 2013 and November 3, schedules as per the process identified in Appendix “L” 2013 Wage Adjustment. 2013 wage (c) A 2014 wage adjustment shall be made to the May 4, 2014 and November 4, schedules as per the process identified in Appendix “L” 2014 Wage Adjustment. 2014 wage
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POTENTIAL ADJUSTMENT TO WAGE AND BENEFIT SCHEDULE. During bargaining of the Collective Agreement the parties agreed that the wage schedules in Article could be modified depending upon the rate of inflation in Alberta. Potential adjustments could occur only for the May and/or May and/or May time periods. It is agreed between the Parties that the following defines the circumstances that would cause the wage schedule for any one or more of the above mentioned time periods to be adjusted. The May wage schedule as contained in Article represents an increase in the Journeyman total package rate of Five Percent (5.0%) over and above the Journeyman total package rate that was in effect at expiry of the Collective Agreement, that being Forty Five Dollars and Forty Seven Cents ($45.47) per hour. Should the Alberta Rate" plus One Percent (1%) exceed this Five Percent (5.0%) wage increase then the Alberta Rate", plus One Percent shall be used to calculate a revised Journeyman total package rate which will then be implemented effective May The May wage schedule represents an increase in the Journeyman total package rate of Six and One Half Percent (6.5%) over and above the Journeyman total package rate in effect as of May Should the Alberta Rate" plus One Percent (1%)exceed this Six and One Half Percent (6.5%) wage increase then the Alberta Rate", plus One Percent (1%) shall be used to calculate a revised Journeyman total package rate which will then be implemented effective May The May wage schedule represents an increase in the Journeyman total package rate of Five Percent (5.0%) over and above the Journeyman total package rate in effect as of May Should the Alberta Rate" plus One Percent exceed this Five Percent (5.0%) wage increase then the Alberta Rate" plus One Percent (1%) shall be used to calculate a revised Journeyman total package rate which will then be implemented effective May Where the Alberta Rate" is used in Article it shall mean the percentage rate of change between the Consumer Price Index published for December of the year immediately prior to the effective date of the wage adjustment, and that for December of the year before that. The indices referenced shall be those published by Statistics Canada on their web page "Consumer Price Index (monthly) (Alberta) (e.g. "All Items" index.
POTENTIAL ADJUSTMENT TO WAGE AND BENEFIT SCHEDULE. During bargaining of the 2015 - 2019 Collective Agreement the parties agreed that the wage schedules in Article 10 could be modified depending upon the rate of inflation in Alberta and/or Oil Prices. Potential adjustments could occur only for May 1, 2016, November 6, 2016 and/or May 7, 2017, November 5, 2017 and/or May 6, 2018, November 4, 2018 time periods. It is agreed between the parties that the processes identified in Appendix “L” would cause the wage schedule for any one or more of the above mentioned time periods to be adjusted.

Related to POTENTIAL ADJUSTMENT TO WAGE AND BENEFIT SCHEDULE

  • Call Back Compensation (a) Call back is an occasion where an employee has been released from duty and is called back to work prior to his/her normal starting time. On such occasions, the employee’s scheduled or recognized shift shall be made available for work, except that the Agency shall not be obligated to work the employee more than twelve (12) consecutive hours and the employee may choose not to work more than twelve (12) consecutive hours, excluding meal periods, of combined call back time and regular shift time. (b) An employee who is called back to work outside his/her scheduled workshift shall be paid a minimum of the equivalent of two (2) hours pay at the overtime rate of pay computed from when the employee actually begins work. After two (2) hours work, in each call back situation, the employee shall be compensated at the appropriate rate of pay for time worked. (c) This provision does not apply to telephone calls at home or overtime work which is essentially a continuation of the scheduled workshift.

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Synopsis and Benefit to Xxxxxxx County The Agreement continues the contractual relationship between the Oregon State Marine Board and Xxxxxxx County through its Sheriff’s Office. The Sheriff’s Office will be reimbursed for marine law enforcement patrols, boater education, and boat inspections conducted throughout the County.

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • DEDUCTIONS FROM SALARY A. The Board agrees to deduct from teachers' salaries unified membership dues for Xxxxxxxxx County Teachers Association, the Maryland State Education Association and the National Education Association as said teachers individually and voluntarily authorize to deduct through an appropriate written authorization form prepared by the Association and approved by the Human Resources Division. The Board agrees to transmit such monies promptly to the Association. 1. Deductions shall be made in twenty (20) equal installments beginning in August and ending in June of each year. For new enrollees, deductions shall be made in sixteen (16) equal installments beginning in October. The Board will not be required to honor any authorizations that are delivered to it later than fifteen (15) working days prior to the distribution of the November payroll, except for authorized deductions for first-year teachers, delivered after the distribution of the November payroll whose deductions will be made in equal installments computed in accordance with the number of pay periods remaining in that school year. 2. The Association will certify to the Board in writing the current rate of membership dues. The Association will give the Board thirty (30) days written notice prior to the effective date of any change in the rate of dues. 3. No later than October 1 of each year, the Board will provide the Association with a list of those teachers from whom dues were deducted on the first payroll. The Board will provide a similar list from the November 15 payroll not later than December 1. 4. In the event that a teacher terminates employment, the Board shall deduct the balance of the unpaid dues for the current membership year from the teacher's final pay check and transmit these dues promptly to the Association. B. Payroll deductions will be available at the request of the teacher for the plans listed below and XXXXX. Except in case of an emergency, the Board shall distribute all monies from payroll deduction accounts to the proper recipients within ten (10) workdays of its deduction following the pay date. 1. 403(b) and 457(b) Programs A list of companies authorized to offer 403(b) and 457(b) products to the employees of the Board will be made available to all employees by September 1 of each fiscal year beginning July 1. The number of authorized companies for which payroll deductions will be made will be determined by the insurance council. The insurance council will recommend a number of providers deemed sufficient to provide an adequate array of eligible investment products for the benefit of all employees. In order to be eligible for inclusion on this authorized list, the companies must meet the following criteria: a. A company must submit a written explanation of their company background, administrative capabilities, products and services for consideration by the insurance council. b. The insurance council will recommend to both the Board and the Association companies that should be on the authorized list. c. When a new company is added to the list before payroll begins, the company must initially sign up a minimum of ten (10) employees. Once the minimum number of employees is signed up, payroll deductions will begin as soon as practical. Approved service-fee based providers must sign up additional employees following the minimum participants schedule listed below for the first three (3) years: Year 1 – minimum of 15 employees Year 2 – minimum of 30 employees Year 3 – minimum of 50 employees After year three (3), if at any time an approved service-fee based provider drops below fifty (50) employees participating in its program for six (6) consecutive months during the school year, it will be dropped from the authorized list of companies at the end of the particular fiscal year in which such event occurs. No- load based providers will not be required to maintain a minimum number of participants due to the lack of on-site marketing. d. At any time the service-fee based company fails to meet this requirement by decision of the insurance council, it can be dropped from the list of authorized companies. At any time, a company fails to comply with IRS regulations, by decision of the insurance council, it can be dropped from the list of authorized companies. 2. Insurance plans approved by the Association and the Board. 3. Teachers desiring payroll deductions for XXXXX shall notify the Board in writing with fifteen

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an Employee's vacation period, she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and the Employee.

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