Third General Wage Increase Sample Clauses

Third General Wage Increase. Effective July 1, 2022, all standard basic daily rates of pay in effect on June 30, 2022 for employees covered by this Agreement shall be increased by seven (7) percent, computed and applied in the same manner prescribed in Section 1 above.
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Third General Wage Increase. Effective July 1, 1999, all standard basic daily rates of pay in effect on June 30, 1999 for employees represented by the Brotherhood of Locomotive Engineers shall be increased by three-and-one-half (3-1/2) percent, computed and applied in the same manner prescribed in Section 1 above.
Third General Wage Increase. Effective July 1, 2004, all standard, basic daily rates of pay for employees covered by this Agreement on June 30, 2004 shall be increased by three (3) percent.
Third General Wage Increase. On January 1, 2005, hourly rates of pay of positions covered by this agreement will be increased as described herein. The hourly rate of pay for each such position shall be increased by the amount needed to equalize such rate of pay with the average hourly rate of pay applicable as of that date to the same job classification on the KCS. Concurrently, Rule 43-Rate Maintenance, is eliminated. RULE 43 RATE MAINTENANCE Former Illinois Central Gulf employees who entered the service of the Chicago Missouri and Western Railway Company (CMW) on the date operations commenced on the CMW or within thirty (30) days thereafter, and who have been continuously employed by GWWR (listed on the attached Appendix 6) shall receive not less than ninety percent (90%) of the applicable rates set forth in Appendix 6, provided in each case that the employee continues to occupy a position which is in the same pay class that his position fell in at the time of initial employment with CMW. If the employee voluntarily occupies a position in a lower pay class, then his pay scale shall be reduced proportionately, or he shall receive the rate for the class as set forth in Appendix 1, whichever is greater. If through action of the Carrier or by operation of the Agreement, an employee is forced to accept a position in a lower rated class, he shall continue to maintain his rate at a level not less than he received at the time of initial employment with CMW; however, an employee shall be expected to exercise his seniority so as to accept the highest position available to him (other than one requiring a change in headquarters point) in order to be entitled to the benefit of this rate-maintenance provision. The parties agree that the foregoing does not restrict the right of the GWWR to reduce forces or discharge employees as provided for in this Agreement.
Third General Wage Increase. Effective August 1, 2024, 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 and one half percent (4.5%) 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, 2024 and who: (1) maintains an active employment relationship with the company as of December 1, 2024; or (2) retired or died on or after January 1, 2024. In determining new hourly rates, fractions of a cent will be disposed of by applying the next higher quarter of a cent.
Third General Wage Increase. On January 1, 2025, the basic hourly rate of pay will be increased by 4.5%:
Third General Wage Increase. On January 1, 2004, 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-half (1/2) 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.
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Related to Third General Wage Increase

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage.

  • 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.

  • Step Increase Employees shall move to the next step of the salary schedule, only when agreed to specifically by parties in contract negotiations. If a step increase is provided, it shall be granted to those employees who receive an overall performance evaluation rating of “Effective” or higher. An employee who receives an overall performance evaluation of less than “Effective” shall not be eligible for the Board approved step increase; however, if the affected employee receives an overall performance evaluation of “Effective” or higher for the succeeding year he/she shall be granted the withheld step but not on a retroactive basis.

  • Step Increases No increase in salary shall be automatic merely upon completion of a specified period of service. All increases shall be based on merit as established by the record of the employee's performance and shall require recommendation of the Department Head. If the City Manager at any time determines that it is in the City's interest, he may assign an employee to a higher rate within the salary range fixed for the classification. The City Manager shall regulate the accelerated advancement through the salary range steps. Subject to the provisions of this Section 12.3, an employee shall receive increases in salary according to the following plan:

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • STEP II 18.3.2.1 If the employee desires to appeal the grievance to Step II, the grievance shall be reduced to writing and presented to the Department Director or his/her designated representative, within five (5) working days following the receipt of the immediate supervisor's oral reply.

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