General Increase. The Employer and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows: (a) Effective 2020 January 01, all hourly rates of pay that were in effect on 2019 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2021 January 01, all hourly rates of pay that were in effect on 2020 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent. (c) Retroactive payments arising from (a) be made as soon as possible following the date of ratification of the Memorandum of Agreement.
Appears in 1 contract
Sources: Collective Agreement
General Increase. The Employer and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows:
(a) Effective 2020 January 01, all hourly rates of pay that which were in effect on 2019 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent.
(b) Effective 2021 January 01, all hourly rates of pay that which were in effect on 2020 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent.
(c) Retroactive payments arising from (a) and (b) will be made as soon as possible following the date of ratification of the Memorandum of Agreement.
Appears in 1 contract
Sources: Collective Agreement
General Increase. The Employer Corporation and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows:
(a) Effective 2020 January 01, all hourly rates of pay that which were in effect on 2019 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent.
(b) Effective 2021 January 01, all hourly rates of pay that which were in effect on 2020 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent.
(c) Retroactive payments arising from (a) will be made as soon as possible following the date of ratification of the Memorandum of Agreement.
Appears in 1 contract
Sources: Collective Agreement
General Increase. The Employer and the Union agree that the new Collective Agreement shall reflect wage adjustments as follows:
(a) Effective 2020 January 01, all hourly rates of pay that were in effect on 2019 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent.
(b) Effective 2021 January 01, all hourly rates of pay that were in effect on 2020 December 31st shall be increased by two percent (2.00%). The new hourly rates shall be rounded to the nearest whole cent.
(c) Retroactive payments arising from (a) will be made as soon as possible following the date of ratification of the Memorandum of Agreement.
Appears in 1 contract
Sources: Memorandum of Agreement