General Pay Increases Sample Clauses

The General Pay Increases clause establishes the terms under which employees will receive periodic wage or salary increases. Typically, this clause outlines the schedule for pay adjustments, such as annual or biannual raises, and may specify the percentage or amount of the increase, or tie it to performance reviews or cost-of-living indices. Its core function is to provide transparency and predictability regarding compensation growth, helping to ensure fairness and maintain employee morale.
General Pay Increases. (a) Effective 2016 January 01, all hourly rates of pay which were in effect on 2015 December 31 shall be increased by one and one-half percent (1.5%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2017 January 01, all hourly rates of pay which were in effect on 2016 December 31 shall be increased by one and one-half percent (1.5%). The new hourly rates shall be rounded to the nearest whole cent. (c) Effective 2018 January 01, all hourly rates of pay which were in effect on 2017 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent. (d) Effective 2019 January 01, all hourly rates of pay which were in effect on 2018 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent. (e) Effective 2020 January 01, all hourly rates of pay which were in effect on 2019 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent.
General Pay Increases. (a) Effective 2021 January 01, all hourly rates of pay which were in effect on 2020 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2022 January 01, all hourly rates of pay which were in effect on 2021 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent.
General Pay Increases. All FACULTY MEMBERS will receive a general pay increase of two and one-half percent (2.5%) effective with the 11th pay of the 2018-2019 academic year for FACULTY MEMBERS on a 20-pay schedule and with the 14th pay of the 2018-2019 academic year for FACULTY MEMBERS on a 26-pay schedule, as reflected in Pay Schedule B.
General Pay Increases. 1. During the period of this CLA, the guaranteed wages will be increased according to the usual system in the following manner: - as from 1 July 2021: 2,25% This takes into account percentage increases to the consumer-price index for employees in the category "low income". 2. Changes to individual contracted wages that exceed the guaranteed wage are only possible insofar as the resulting individual contracted wage does not exceed 110% of the guaranteed wage. 3. The general wage increases as referred to in paragraph 1 of this Article also apply to a portion of UTA employees. The relevant UTA employees are divided into two categories: • UTA 1: lower-level support staff • lower-level support staff, both administrative (secretary, junior accounting staff, receptionist, etc.) and logistic (warehouse worker, site worker, etc.) As from 01-07- 2021 calculation base: € 1,607.40* € 1,643.57* • UTA 2: middle and higher ranking, both administrative (accountant, bookkeeper etc.), commercial (sales personnel, etc.), technical (general work assistant, project calculation personnel etc.) and managerial (managers, supervisors, etc.) As from 01-07- 2021 calculation base: € 2,296.28* € 2,347.95 * Disputes regarding which job group a UTA employee should be classified into can be settled by the CLA parties (on the grounds of Article 42 of this CLA), with due observation of his or her job title and actual work performed. The UTA employee and the employer can apply to the CLA parties for a binding recommendation. Such an application will only be processed if it is jointly submitted by the UTA employee and the employer. Wage increases are calculated for each category of UTA employee on the contracted wage to a maximum of 110% of the calculation base. The maximum amounts are therefore as follows: As from 01-07- 2021 UTA 1: € 1,768.14* € 1,807.92* UTA 2: € 2,525.91* € 2,582.74* The above doe not apply to managers who report directly to the directors. * On the basis of a full working week (40 hours).
General Pay Increases. (a) All rates of pay in effect on 1999 December 31 shall remain in effect until varied by paragraph (b). (b) Effective 2000 January 01, all hourly rates of pay which were in effect on 1999 December 31 shall be increased by two percent (2%). The new hourly rates shall be rounded to the nearest whole cent. (c) Effective 2001 January 01, all hourly rates of pay which were in effect on 2000 December 31 shall be increased by two percent (2%). The new hourly rates shall be rounded to the nearest whole cent. (d) Effective 2002 April 01, all hourly rates of pay which were in effect on 2002 March 31 shall be increased by three percent (3%). The new hourly rates shall be rounded to the nearest whole cent.
General Pay Increases. (a) Effective 2003 January 01, all hourly rates of pay which were in effect on 2002 December 31 shall be increased by two and one-half percent (2.5%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2004 January 01, all hourly rates of pay which were in effect on 2003 December 31 shall be increased by two and one-half percent (2.5%). The new hourly rates shall be rounded to the nearest whole cent. (c) Effective 2005 January 01, all hourly rates of pay which were in effect on 2004 December 31 shall be increased by two and one-half percent (2.5%). The new hourly rates shall be rounded to the nearest whole cent. (d) Effective April 1, 2006: all hourly rates of pay which were in effect on March 31, 2006 shall be increased by the greater of: (i) three percent (3.0%). The new hourly rates shall be rounded to the nearest whole cent, or (ii) three percent (3.0%) plus one-half of the amount by which the Consumer Price Index (CPI all item market basket) for Vancouver, BC exceeds three percent for the 12 month period ending on February 28, 2006. This calculation will be made by comparing the difference of the CPI value for February 2006 over February 2005. The CPI calculation will be taken to the second decimal place following arithmetical rules of rounding. The new hourly wage rates calculated from the aforementioned shall be rounded to the nearest whole cent.

Related to General Pay Increases

  • Pay Increases The District shall make a lump sum payment of an agreed-upon retroactive wage increase resulting from this contract or any amendments thereto within ninety (90) days of the agreement between the District and the Association.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will: (1) agree on the amount of the increase; (2) agree on any terms and conditions that will apply to the increase; and (3) execute an amendment to this Agreement that reflects the agreement reached.

  • Benefit Increases Benefit payments may be increased as provided in Section 2.1.3.

  • Merit Increases Merit increases shall be based on satisfactory service. Employees shall be eligible for in-range merit increases on their established anniversary date until such time they have reached the top step of the classification in which they are employed. The eligibility date, for the purpose of this section, shall be the date upon which the employees are granted their first in-range merit increase to the next step of their pay range. This eligibility date may be changed as a result of the timing of future in-range merit increases, promotions or reclassifications.