Common use of AUTOMATIC RATE PROGRESSION Clause in Contracts

AUTOMATIC RATE PROGRESSION. An employee on the active payroll whose base rate is below the maximum of the 20 assigned classification, shall receive an automatic wage increase of twenty-five 21 cents ($.25) per hour, or such lesser amount as is necessary to bring the employee's 22 base rate to the labor grade maximum, on the first day of the second pay period of

AUTOMATIC RATE PROGRESSION. (1) An employee on the active payroll whose base rate is below the maximum of the 20 assigned classification, shall receive an automatic wage increase of twenty-five 21 cents ($.25) per hour, or such lesser amount as is necessary to bring the employee's 22 base rate to the labor grade maximum, on the first day of the second pay period ofof March, July and November. (2) The Company may, at its discretion, effect an increase in an employee's base rate in amounts greater or at times other than provided for in Paragraph (1) of this Subsection.