Wages and Minimums. 1. General Wage Increases and Corresponding Increases to Minimum Rates and Steps (a) Effective June 6, 2022, Employees on the payroll of the University on such date and in a position covered by this Agreement shall receive a wage increase of three percent (3%). (b) Effective June 5, 2023, Employees on the payroll of the University on such date and in a position covered by this Agreement shall receive a wage increase of three percent (3%). (c) Effective June 3, 2024, Employees on the payroll of the University on such date and in a position covered by this Agreement shall receive a wage increase of three percent (3%). (d) Effective upon ratification, each full-time Employee on the payroll on that date and who was employed ninety (90) days prior to that date, shall receive a lump sum payment of $500. The payment shall be prorated for part-time Employees based on the average hours actually worked during the foregoing ninety (90) day period (or the ninety (90) day period referred to in paragraph 1 (e) below, where applicable). The lump sum payment shall not be considered as pay for payment of contributions to, or benefits provided by, the Union Funds, or for purposes of overtime, shift or other differentials or any form of premium pay.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Wages and Minimums. 1. General Wage Increases and Corresponding Increases to Minimum Rates and Steps
(a) Effective June 63, 20222019, Employees on the payroll of the University on such date and in a position covered by this Agreement shall receive a wage increase of three percent (3%).
(b) Effective June 51, 20232020, Employees on the payroll of the University on such date and in a position covered by this Agreement shall receive a wage increase of three percent (3%).
(c) Effective June 37, 20242021, Employees on the payroll of the University on such date and in a position covered by this Agreement shall receive a wage increase of three percent (3%).
(d) Effective upon ratification, each full-time Employee on the payroll on that date and who was employed ninety (90) days prior to that date, shall receive a lump sum payment of $500. The payment shall be prorated for part-time Employees based on the average hours actually worked during the foregoing ninety (90) day period (or the ninety (90) day period referred to in paragraph 1 (e) below, where applicable). The lump sum payment shall not be considered as pay for payment of contributions to, or benefits provided by, the Union Funds, or for purposes of overtime, shift or other differentials or any form of premium pay.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement