Wage increases definition

Wage increases in this clause mean general wage increases and Economic Stability Dividend increases.
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Wage increases. All employees shall receive wage increases as follows: July 01, 2011 US$ 25.00 per week July 01, 2012 US$ 25.00 per week July 01, 2013 US$ 25.00 per week
Sample 1
Wage increases. Increase Journeyperson wage rate effective the first Sunday in January by the amount remaining after the health and welfare/retiree’s contribution and the fifteen cent ($0.15) per hour pension increase have been deducted. Eastern Locals shall have the same increases as Western Locals, including pension with full Maintenance of Benefits up to the Western Health & Welfare rate. **Progression increases bear same relationship that progression rates bear to full scale.
Sample 1

Examples of Wage increases in a sentence

  • For the term of this agreement, for any employee whose job classification and salary step falls below the State Minimum Wage increases that go into effect on January 1st of the corresponding calendar year, the County will automatically move the employee to the next salary step that is above the State Minimum Wage.

  • Wage increases for AY23-24, AY24-25 and AY25-26 are the extent of the salary rate increases for those GTAs appointed at the base minimum salary.


More Definitions of Wage increases

Wage increases. Increase Journeyperson wage rate effective the first Sunday in January by the amount remaining after the health and welfare/retiree’s contribution and the fifteen cent ($0.15) per hour pension increase have been deducted. Eastern Locals shall have the same increases as Western Locals, including pension with full Maintenance of Benefits up to the Western Health & Welfare rate. **Progression increases bear same relationship that progression rates bear to full scale. ROUTE SALES REPRESENTATIVES ECONOMIC PACKAGE Wages rates shall be increased as follows for the duration of this Agreement: Effective August 1, 2011 Increase RSR base rates $10.00 per week Effective January 2012* +$31.00 per week Effective August 1, 2012 Increase RSR base rates $10.00 per week Effective January 2013* +$31.00 per week Effective August 1, 2013 Increase RSR base rates $10.00 per week Effective January 2014* +$32.00 per week Effective August 1, 2014 Increase RSR base rates $10.00 per week Effective January 2015* +$32.00 per week *January increases shall be administered as follows: Health & Welfare/Retiree’s: After new monthly contribution rates are announced by the Trust Fund in the Fall of the year, the increases shall be converted from a monthly amount to a weekly amount by taking the increase X 12 and dividing by 52. Such increases shall be effective on December hours (January payment) using the same calculation. If the Maintenance of Benefits exceeds the available increase, the difference will be deferred from base pay. The remainder, if any, of the amount shall be allocated as follows:
Sample 1
Wage increases. Increase base rate effective the first Sunday in January by the amount remaining after the health and welfare/retiree’s contribution and up to the fifteen cent ($0.15) per hour pension increase have been deducted. Total Increase Projected Distribution Year 1 $41/wk Year 2 $41/wk Year 3 $42/wk Year 4 $42/wk Base $10/wk $10/wk $10/wk $10/wk Health & Welfare (7.5% = 17/wk) $17/wk $17/wk $17/wk $17/wk Pension/Other** $14/wk $14/wk $15/wk $15/wk **See Example below. Example: 2010 2011 Increase 2011 Decrease Statewide Route Average $10,010 $10,110 (New Route Average +$100) $9,910 (New Route Average - $100) Average Commission 0.0744 0.0744 0.0744 Total Commission $745 $752 = +$7 ($14-7 = $7 Available) $737 = - $8 (Full $14 Available) Formula: 2010 total sales for state divided by number of routes (364) = $10,010 per week 2010 blended commission (premium, private label, etc) x 0.0744 2010 average commission $745
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Related to Wage increases

  • General Wage Increase means a general wage increase resulting from the formula set out in this LOA and applied as a percentage increase to all wage rates in the collective agreement on the first pay day after the commencement of the eleventh (11th) month in a collective agreement year;

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Tax Increment means the difference between:

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Annual increase means, initially, fifty-nine cents per month

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Fixed Incremental Amount means (i) the greater of $610,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Net emissions increase means, with respect to any regulated NSR pollutant emitted by a major stationary source, the amount by which the sum of the following exceeds zero:

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Increase Amount is defined in Section 2.3(a).

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.