Rate Changes/Increases Sample Clauses

Rate Changes/Increases. All rate change adjustments will be made at the beginning of the fiscal year following completion of the experience requirements above in this article. 2020-21: Pay rates are maintained at the rate in effect June 30, 2020. 2021-22: Wage rates to be adjusted on same basis as P&A employee group. 2022-23: Wage rates to be adjusted on same basis as P&A employee group. *For purposes of this provision, “adjustment” is defined as a base wage increase; a non-base lump sum payment expressed as a percentage of the underlying base rate; or a fixed dollar non-base lump sum payment.
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Rate Changes/Increases. All rate change adjustments will be made at the beginning of the fiscal year following completion of the experience requirements above in this article. 2023-24: Pay rates will be at the amounts listing in the chart above titled “Wage Schedule 2023- 2024.”. 2024-25: Wage rates to be adjusted on same basis as P&A employee group. 2025-26: Wage rates to be adjusted on same basis as P&A employee group. 2026-27: Wage rates to be adjusted on same basis as P&A employee group. 2027-28: Wage rates to be adjusted on same basis as P&A employee group *For purposes of this provision, “adjustment” is defined as a base wage increase; a non-base lump sum payment expressed as a percentage of the underlying base rate; or a fixed dollar non-base lump sum payment.
Sample 1

Related to Rate Changes/Increases

  • Rate Changes Pricing is fixed for the base term of the Agreement. Thereafter, Firm may request an increase to hourly rates to account for changes in the market prices for legal services. Any increase is subject to Citizens’ approval at Citizens’ sole discretion, and must be evidenced by a formal amendment to this Agreement. Price adjustments shall not be applied retroactively. Alternative fee arrangements must be pre-approved by Citizens in writing.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

  • Periodic Increases Periodic increases are provided as follows:

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Merit Increases (a) Subject to documented assessment and performance review undertaken pursuant to the Performance Management System, an employee on anniversary date may be granted an increase of up to five pay increments in the pay scale, not to exceed the control point maximum.

  • Rent Increases The Rent payable shall not be increased or otherwise modified during the Term of this Lease. Any increase in Rent shall only take effect after the expiration of the Term provided in this Lease. Any increase in Rent to take effect upon renewal or extension of the Term of this Lease must be preceded by a - day notice of the same from the Landlord to the Tenant.

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