Public Sector General Wage Increase. (1) If a public sector employer as defined in s. 1 of the Public Sector Employers Act enters into a collective agreement with an effective date after December 31, 2018 and the first three years of the collective agreement includes a cumulative nominal (not compounded) general wage increase of more than 6%, the general wage increase in the 2019-2022 collective agreement will be adjusted on the third anniversary of the 2019-2022 collective agreement so the cumulative nominal (not compounded) general wage increases are equivalent. This letter of understanding is not triggered by any general wage increase awarded as a result of binding interest arbitration.
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Samples: Collective Agreement, Ratification Document, Ratification Document
Public Sector General Wage Increase. (1) . If a public sector employer as defined in s. 1 of the Public Sector Employers Act enters into a collective agreement with an effective date after December 31, 2018 and the first three years of the collective agreement includes a cumulative nominal (not compounded) general wage increase of more than 6%, the general wage increase in the 2019-2022 collective agreement Collective Agreement will be adjusted on the third anniversary of the 2019-2022 collective agreement Collective Agreement so the cumulative nominal (not compounded) general wage increases are equivalent. This letter Letter of understanding Understanding is not triggered by any general wage increase awarded as a result of binding interest arbitration.
Appears in 2 contracts
