Common use of Market Adjustments to Wage Scales Clause in Contracts

Market Adjustments to Wage Scales. The parties agree that nothing in this Agreement prohibits the Institute from making adjustments to any or all wage scales provided for in this Agreement, in its discretion, in accordance with the local labor market. In the event the Institute decides to make such a market adjustment, it will notify the Association, in writing. The Association will have two weeks to provide comment on the market adjustment prior to implementation. Such comment must be in writing.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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