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.
Sample 1
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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.
Sample 1

Related to POTENTIAL ADJUSTMENT TO WAGE AND BENEFIT SCHEDULE

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  • REFUND OF UNEARNED COMPENSATION The Party of the Second Part agrees to refund the Party of the First Part any compensation received for which no services were rendered. TERMINATION: This contract may be terminated by either party pursuant to law. OTHER CONDITIONS: Any subsequent contracts shall supersede the provisions of this contract. Student Achievement and Accountability instructional staff may be required to serve students in more than one location. Given this, the 15TH OF SEPTEMBER, 2016. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXXXX X. XXXXXX Party of the Second Part, agree as follows:

  • Shift Differential Compensation Any employee in the bargaining unit whose assigned work shift commences (for unit-1) prior to 5:30 a.m. or whose work shift ends after 5:30 p.m., or (for unit-2 members) commences after 2:00 p.m. shall be paid a shift differential premium of five (5%) percent above the regular rate of pay for all hours worked.

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