Compensation Plan for Driver and Dispatcher classification Sample Clauses

Compensation Plan for Driver and Dispatcher classification a. Compensation shall be paid in accordance with the Salary Schedule set forth on attached Exhibit "A" effective July 1, 2021. Information concerning any major change in the salary schedule will be made available to all employees within thirty days of such major change. Effective August 1, 2021 all bargaining unit employees who are currently on the payroll will be paid an "at-risk" premium for straight-time compensable hours worked from July 1, 2020, through June 30, 2021. The payments shall be calculated as follows • 1750 hours or greater receive a premium of$750.00 • 1450-1749 hours receive a premium of$500.00 • 1-1449 hours receive a premium of$250.00 Effective August 1, 2022 all bargaining unit employees who are currently on the payroll will be paid an ''at-risk" premium for straight-time compensable hours worked from July 1, 2021, through June 30, 2022. The payments shall be calculated as follows • 1750 hours or greater receive a premium of$750.00 • 1450-1749 hours receive a premium of$500.00 • 1040-1449 hours receive a premium of$250.00 Any employee assigned by management to lead responsibilities shall receive a premium of5% for the actual hours worked.
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