Common use of Basic Hourly Wages Clause in Contracts

Basic Hourly Wages. 1. An employee whose rate of pay upon the Effective Date of this Agreement would be less than the rate the employee received on the day prior to the Effective Date, as a result of either transitioning to the base pay rates set forth below or the elimination of market differentials, will be protected at the higher rate until the date on which the employee’s rate of pay under this Agreement equals or exceeds the rate of pay the employee received prior to the Effective Date. The Company may at its discretion hire employees within a classification(s) at any location at higher than the starting pay rate. Existing employees within such classification(s) at the location receiving less than the new starting pay rate will be brought up to the new starting pay rate. Employees transferring to other locations will be paid in accordance with the pay rates for that location. The following hourly rates will prevail on the beginning of the pay period closest to the effective date. 2. Storekeeper Classification: Years of Pay Seniority Step Effective 05/01/2023 Effective 05/01/2024 Effective 05/01/2025 Less than 1 Year 1 $18.51 $19.07 $19.64 11 Years or More 12 $35.65 $36.72 $37.82