Labour Adjustment Fund Sample Clauses

Labour Adjustment Fund. The parties agree to request the Ministry of Advanced Education, Training and Technology to maintain a Labour Adjustment Fund for the benefit of all employees and institutions. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted labour adjustments at an institution. The parties recommend that the Ministry consult with them on the eligibility requirements for an institution to gain access to the Fund.
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Labour Adjustment Fund. The parties agree to submit a written request to the appropriate government ministry(s) for funds to implement labour adjustment strategies.
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Labour Adjustment Fund. The Parties agree to request the Ministry of Advanced Education, Training and Technology to continue a Labour Adjustment Fund for the benefit of all employees and institutions covered by this Agreement. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted labour adjustments at institutions as recommended by their Joint Labour Management Committees. The Labour Adjustment Fund may be used for any of the labour adjustment strategies offered by institutions in accordance with Articles 6.4.2(a) through 6.4.2(m) or for any other labour adjustment strategy that the local parties agree is an appropriate use of the Labour Adjustment Fund providing that the strategy is consistent with the Ministry’s guidelines for the use of the Fund. By September 30th of each year, each Employer shall report in writing to its local bargaining unit(s) on the specific use of the institution’s labour adjustment funds in the preceding April 1st to March 31st period.
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Labour Adjustment Fund. The parties agree to request the Ministry of Advanced Education, Training and Technology to maintain a Labour Adjustment Fund for the benefit of all employees and institutions covered by this Agreement. The purpose of the Fund is to accommodate the needs of the employees and institutions in achieving targeted labour adjustments at an institution. The parties recommend that the Ministry consult with them on the eligibility requirements for an institution to gain access to the Fund. Application: Article 3 Labour Adjustment shall apply to all local collective agreements with the following provisos: Northern Lights College – Letter of Understanding #5 Labour Force Adjustment shall be deleted from the local collective agreement with the exception of #4 HRAP Document and #7 Early Retirement Incentive.
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Related to Labour Adjustment Fund

  • Other Adjustments The Facility Agent and the Company may enter into such other arrangements as they may agree for the adjustment of Terms and the consolidation and/or splitting of Loans.

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

  • Menu of Labour Adjustment Strategies Where a work force reduction is necessary, the following labour adjustment strategies will be considered, as applicable.

  • ECONOMIC ADJUSTMENT Beginning twelve (12) months after the effective date of this Statewide Contract and for every annual anniversary thereafter, the prices set forth in Exhibit B – Prices for Services shall be adjusted, based upon the percent changes (whether up or down) in the United States Department of Labor, Bureau of Labor and Statistics (BLS) indices described below, for the most recent year. Economic adjustment will lag one (1) calendar quarter past the Contract commencement date to allow for publication of BLS data. All calculations for the index shall be based upon the latest version of data published as of one year of the effective date each year. Prices shall be adjusted on February 1st. If an index is recoded (i.e., the recoded index is a direct substitute for the prior index according to the BLS), this Statewide Contract will use the recoded index, as applicable. If an index becomes unavailable, Enterprise Services shall substitute a proxy index. If there is not a direct substitute, the next higher aggregate index available will be used. The economic adjustment shall be calculated as follows: New Price = Old Price x (Current Period Pricing/Base Period Index)

  • Pay Adjustments (1) Where the rate of pay of a position or job is adjusted upwards, the employee shall be placed on the lowest step of the new pay range which will give him/her a monthly increase and the increment anniversary shall be that date.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • EQUITY ADJUSTMENTS The parties subscribe to the principle of equal pay for work of equal value. The parties will continue to move towards the mutual goal of the Community Social Services Sector achieving the objectives set out in Sections A(1), (2) and (3) above, as follows:

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

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