WAGES/NEW CLASSIFICATIONS. 24.01 The minimum hourly rates of pay for all employees covered by this Agreement shall be as contained in Appendix "B" of this Agreement and shall form part of this Agreement. 24.02 If a new classification is created within the bargaining unit, the Employer agrees to meet with the Union and negotiate a rate of pay for this new classification. If the Employer and the Union cannot reach agreement, then at the request of either party, the matter shall be submitted to the arbitration procedure contained in this Agreement. The Employer and the Union mutually agree that an Arbitrator appointed in accordance with the terms of this Agreement shall have the right to determine the hourly rate of pay to be paid for this new classification and the Employer and the Union further agree that the Arbitrator's decision shall be final and binding upon all parties concerned. 24.03 Employees will be paid every second Friday by way of direct deposit to the financial institution of the employee’s choice. Employees will continue to receive their itemized pay statement at work every second Friday. Employees without bank accounts will be paid by cheque.
Appears in 8 contracts
Samples: Collective Agreement, Union Collective Agreement, Collective Agreement
