Second General Wage Increase Clause Samples

Second General Wage Increase. Effective July 1, 2003, all standard basic daily rates of pay in effect on June 30,2003 for employees covered by this Agreement shall be increased by two-and-one-half (2- percent, computed and applied in the same manner prescribed in Section 2 above.
Second General Wage Increase. Effective July 1, 2003, all standard basic daily rates of pay in effect on June 30, 2003 for employees represented by the Brotherhood of Locomotive Engineers shall be increased by two-and-one-half (2-1/2) percent, computed and applied in the same manner prescribed in Section 3(b) above.
Second General Wage Increase. Effective August 1, 2023, basic hourly and monthly rates of pay in effect on the preceding day for employees covered by this Agreement shall be increased in the amount of four percent (4%) representing a general wage increase. A productivity bonus in the amount of $1,000 shall be made to each employee who performed active service under the collective bargaining agreement between January 1 and November 30, 2023 and who: (1) maintains an active employment relationship with the company as of December 1, 2023; or (2) retired or died on or after January 1, 2023.
Second General Wage Increase. Effective July 1, 2013, the hourly base rates of pay of employees covered by this Agreement shall be increased in the amount of three percent (3%). The increase provided in this Section will be applied in the same manner as provided in Section A) (ii) hereof.
Second General Wage Increase. On January 1, 2024, the basic hourly rate of pay will be increased 4.5%:
Second General Wage Increase. On January 1, 2003, hourly rates of pay of positions covered by this agreement will be increased as described herein. The hourly rate of pay of each such position shall be increased by the amount equal to one- third (1/3) of the difference between such rate of pay and the average hourly rate of pay applicable on that date to the same job classification on the KCS.