Base Adjustment Clause Samples
Base Adjustment. The Base Adjustment shall be equal to the annual percentage change (to the nearest tenth of a percentage point) in the most recently reported all-items Consumer Price Index (CPI) for Ontario, as published by Statistics Canada in CANSIM Table 326-0020, or such other series as may track this index from time to time. The annual percentage change shall be measured using the incremental percentage increase between the current year’s average CPI over the previous year’s average CPI. Should the CPI determined above be less than zero, the Base Adjustment will be deemed to be zero. In such circumstances the actual annual percentage change in CPI shall be applied as an offset against future Base Adjustments.
Base Adjustment. The Base Adjustment shall be equal to the Bank of Canada average annual all-Canada CPI / inflation rate (to the nearest tenth of a percentage point) for the period of time between April 1st and March 31st of the previous year, but not less than 2%. Should the CPI determined above be less than zero, the Base Adjustment will be deemed to be zero. In such circumstances the actual annual percentage change in CPI shall be applied as an offset against future positive Base Adjustments.
Base Adjustment. The base adjustment is defined as a negotiated increase that will be added to the current base salary resulting in a new base amount paid to each employee. All employees will receive the negotiated base adjustment based on their job classification.
Base Adjustment. The School shall set aside $45,000 in FY10 to be used for adjustments to the base salaries of bargaining unit position classifications jointly determined by the parties. Such position classifications shall include Medical Assistant and LPNII. On or about July 1, 2012, both parties agree to meet and confer to review base salaries and market data. The parties shall consider such internal and external salary comparability factors as they shall deem appropriate. External comparability shall include other state universities and local market conditions.