Wage Reduction Clause Samples
The Wage Reduction clause allows an employer to decrease an employee's salary or wages under certain specified conditions. Typically, this clause outlines the circumstances under which a reduction may occur, such as changes in business needs, economic downturns, or performance issues, and may require advance notice to the employee. Its core practical function is to provide a clear, contractual mechanism for adjusting compensation, thereby managing financial risk for the employer while ensuring employees are informed of potential changes to their pay.
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Wage Reduction. Employees in the last two (2) Progressive Steps (25th – 30th month, 31st – 36th month) will not have their wage rates reduced because of any increased benefit cost to the Employer.
Wage Reduction. No employee who, prior to the date of this Agreement, was receiving more than the rate of wages designated in this Agreement, for the class of work in which he/she is engaged, shall suffer a reduction in the rate of wages because of the adoption and application of this contract.
Wage Reduction. All bargaining unit and non-bargaining unit employees (including management) will share the burden of economic sacrifice contained in this MOU since job security is the number one asset all ABF employees hope to participate in equally. Towards that end, the bargaining unit employees will be paid in accordance with the wage adjustments set forth in the ABF NMFA, which adjustments are on the following basis: All employees shall have their hourly wage and mileage rates be reduced by 7.0%. Effective July 1, 2014: Increase all hourly wage and mileage rates by 2.0% Effective July 1, 2015: Increase all hourly wage and mileage rates by 2.0% Effective July 1, 2016: Increase all hourly wage and mileage rates by 2.0% Effective July 1, 2017: Increase all hourly wage and mileage rates by 2.5% Such wage reductions and/or reduced earnings shall include overtime, incentive pay, etc, in addition to vacation, sick pay, holiday pay, funeral leave, jury duty, and other paid for time not worked. Non-bargaining unit employees shall share the burden as set forth in (a) below.
(a) The Employer must reduce the total compensation (defined as wages plus health and welfare and pension or retirement benefits) of all non - ABF NMFA bargaining unit employees (including management) by the same percentage reduction (an "Equal Reduction") in total compensation as is being applied to bargaining unit employees. Consideration will be made for all parties’ respective sacrifices instituted during the twenty four months prior to this Plan’s effective date. The Employer and TNFINC shall cooperate in achieving the equal sacrifice among Canadian employees of ABF, and recognize such efforts must be in compliance with applicable Canadian federal and provincial law.
(b) This MOU shall not prevent the Employer from paying variable, performance based compensation as the Employer has paid in past practice. This shall also not prevent the Employer from providing targeted increases to individual employees if necessary, in the Employer’s judgment, to operate the business so long as the overall total compensation increases are within the effective overall total compensation percentage increases to be received by the bargaining unit employees. If it becomes necessary to exceed this overall percentage increase limit to retain employees for the efficient continued operation of the business, the Employer would request approval from TNFINC. All employees hired after ratification shall be paid in accordance with t...
Wage Reduction. The Employer shall reduce by 15% employees’ gross wages or earnings paid per the NMFA, including the increases to wages described above in this Section 6 and the reduced wages in Section 15. Such wage reductions and/or reduced earnings shall include overtime and any premium pay, vacation, sick pay, holiday pay, funeral leave, jury duty, and other paid for time not worked. Wage and mileage rate increases outlined in Article 33 of the NMFA, effective April 1, 2011, April 1, 2012, April 1, 2013, and April 1, 2014 shall also be reduced by 15%. This wage reduction will apply to the NMFA bargaining unit as modified by the General Executive Board of the International Brotherhood of Teamsters on November 24, 2009. The cost of living adjustment provisions of Article 33 of the NMFA shall be suspended for the duration of this Restructuring Plan.
Wage Reduction. From and after the effective date on which an employee becomes a Participant, each employee will have or will have had his/her gross wages or earnings reduced by %, except for new hires. (See Item 7.) Such wage reduction and/or reduced wages shall include vacation, sick pay, holiday pay, funeral leave, jury duty and other paid for time not worked. Wage or salary increases given during the term of the Plan will be subject to the applicable wage or salary reduction.
Wage Reduction. All bargaining unit employees shall have their wage rate reduced by 14 the amount of the County’s contribution on the employee’s behalf pursuant to Section 12.1, above. 15 16 International Brotherhood of Teamsters Local 117: 17 18 ▇▇▇▇ ▇▇▇▇▇▇▇ 20 21 King County Office of Labor Relations: 22 23 ▇▇▇▇▇ ▇▇▇▇▇ 24 Labor Relations Negotiator - Senior 25 26 27 28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ADDENDUM A International Brotherhood of Teamsters Local 117 Wastewater Treatment Division, Department of Natural Resources and Parks Managers and Assistant Managers cba Code: 159 ADDENDUM A Union Code: F9 Job Class Code PeopleSoft Job Code Classification Title Wage Range* 1 ADDENDUM C 2 Memorandum of Agreement By and Between 3 King County and 4 International Brotherhood of Teamsters Local 117 5 Wastewater Managers [159] 6 Subject: Joint Wage Study
Wage Reduction. In order to participate in the Pension Trust all bargaining 21 unit employees shall have their wage rate reduced by the amount of the County’s contribution on the 22 employee’s behalf pursuant to Section 14.4.1. The parties agree and understand that this contribution 23 shall not be reported as part of the employees’ wage to the State Department of Retirement Systems 24 or the Internal Revenue Service, nor shall this contribution be part of the employees’ wage for 25 computation of overtime or any salary-based premium pay.
Wage Reduction. In order to participate in the Pension Trust all bargaining 12 unit employees who are in classifications covered under Addendums A, B, C, and E shall have their 13 wage rate reduced by the amount of the County’s contribution on the employee’s behalf pursuant to 14 Section 14.4.1. The parties agree and understand that this contribution shall not be reported as part of 15 the employees’ wage to the State Department of Retirement Systems or the Internal Revenue Service, 16 nor shall this contribution be part of the employees’ wage for computation of overtime or any salary- 17 based premium pay. 18 14.5 Workers’ Compensation
Wage Reduction. No current employee shall suffer a reduction in his/her hourly wage rate as a result of this Agreement.
Wage Reduction. All bargaining unit employees shall have their wage rate reduced 15 by the amount of the County’s contribution on the employee’s behalf pursuant to Section 1215.1, APPROVED this day of , 2018. By: King County Executive 28 January 1, 202118 through December 31, 202420 28 January 1, 202118 through December 31, 202420 Fully Recommended Settlement Offer By and Between King County – WTD Managers and Teamsters Local Union No. 117 June 2022 Wage Addendum International Brotherhood of Teamsters Local 117 Wastewater Treatment Division, Department of Natural Resources and Parks Managers and Assistant Managers cba Code: ADDENDUM A Union Code: 159 F9 Job Class Code PeopleSoft Job Code Classification Title Wage Range* 7111450 712712 Wastewater Treatment Plant Manager - Assistant 79 * For rates please refer to King County Squared Salary Table. The Union has agreed to reduce the wage rates under this contract by $2.00 per hour for Addendum A pursuant to Article 12 of the collective bargaining agreement pertaining to participation in the Western Conference of Teamsters Pension Trust.** Wage rate change is retroactively effective to 1/1/2021. International Brotherhood of Teamsters Local 117 - Wastewater Treatment Division, Managers and Assistant Managers- Department of Natural Resources and Parks January 1, 202118 through December 31, 202420 159CMLAC012218 Page 20
4 1. During the course of small table bargaining, the Union has variously proposed to conduct a
6 2. The Parties have agreed to conduct a joint wage study under the following terms.