Common use of Market Factor Clause in Contracts

Market Factor. This will confirm the parties’ agreement to provide employees in the classifications noted below a non-pensionable market factor of one dollar and sixty-five cents ($1.65) per hour effective January 1, 2014. This market factor will not be considered part of the employee’s salary for any purposes, except when determining which step the employee shall be placed on upon implementation of the Government Job Evaluation System (JES). The market factor will cease to be paid on April 14, 2015. Sincerely, ▇▇▇▇▇▇▇ ▇▇▇ Chief Negotiator October 4, 2018 Mr. ▇▇▇▇▇ Farewell Representative Canadian Union of Public Employees P.O. Box 8745 Stn. ‘A’ St. John’s, NL A1B 3T2 Dear Mr. Farewell:

Market Factor. This will confirm the parties’ agreement to provide employees in the classifications noted below a non-pensionable market factor of one dollar and sixty-five cents ($1.65) per hour effective January 1, 2014. This market factor will not be considered part of the employee’s salary for any purposes, except when determining which step the employee shall be placed on upon implementation of the Government Job Evaluation System (JES). The market factor will cease to be paid on April 14, 2015. Sincerely, ▇▇▇▇▇▇▇ ▇▇▇ Chief Negotiator October 4, 2018 Mr. ▇▇▇▇▇ Farewell Representative Canadian Union of Public Employees P.O. Box 8745 ▇.▇. ▇▇▇ ▇▇▇▇ Stn. ‘A’ St. John’s, NL A1B 3T2 Dear Mr. Farewell: