Common use of COMPENSATION PROCEDURES Clause in Contracts

COMPENSATION PROCEDURES. The wage package in this Agreement shall be the wage and fringes negotiated at the FMCS in July of 2016 and shall remain in effect until the anniversary date (December 31, 2019) of the Agreement. Effective January 1, 2018 Wages shall be increased 2% Effective January 1, 2019 Wages shall be increased 3% Effective January 1, 2020 Wages shall be increased 3.5% Effective January 1, 2021 Wages shall be increased 4.0%

COMPENSATION PROCEDURES. The wage package in this Agreement shall be the wage and fringes negotiated at the FMCS in July of 2016 and shall remain in effect until the anniversary date (December 31, 2019) of the Agreement. Effective on January 1, 1 2018 Wages wages shall be increased increase 2% Effective January 1, 2019 Wages shall be increased 3% Effective January 1, 2020 Wages shall be increased 3.5% Effective January 1, 2021 Wages shall be increased 4.0%