Common use of Rate Range and Discretionary Salary Increases Clause in Contracts

Rate Range and Discretionary Salary Increases. The Company will establish and fully distribute salary adjustment funds in accordance with the dates set forth below. No increase adjustments to base pay will exceed the established Base Rate Range maximum. Employees at rate maximums may receive lump sums in lieu of base salary increases. These lump sum increases will charge to the salary adjustment fund.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Rate Range and Discretionary Salary Increases. The Company will establish and fully 13 distribute salary adjustment funds in accordance with the dates set forth below. No increase 14 adjustments to base pay will exceed the established Base Rate Range maximum. Employees at rate 15 maximums may receive lump sums in lieu of base salary increases. These lump sum increases will 16 charge to the salary adjustment fund.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Rate Range and Discretionary Salary Increases. The Company will establish and fully 31 distribute salary adjustment funds in accordance with the dates set forth below. No increase adjustments 32 to base pay will exceed the established Base Rate Range maximum. Employees at rate maximums may 1 receive lump sums in lieu of base salary increases. These lump sum increases will charge to the salary adjustment fund.salary

Appears in 1 contract

Samples: Collective Bargaining Agreement

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