Common use of Market Rate Wage Adjustments Clause in Contracts

Market Rate Wage Adjustments. If market conditions determine that an upward adjustment in one or more economic areas is essential to maintain competitiveness, both the Union and the Employer shall be given the opportunity to raise issues of competitive compensation and propose market adjustments. When the Employer proposes adjustments, the Union shall be given at least thirty (30) days’ notice in advance of the implementation date to negotiate the adjustment.

Market Rate Wage Adjustments. If market conditions determine that an upward adjustment in one or more economic areas is essential to maintain competitiveness, both the Union and the Employer shall be given the opportunity to raise issues of competitive compensation and propose market adjustments. When the Employer proposes adjustments, the Union shall be given at least thirty (30) days’ notice in advance of the implementation date to negotiate the adjustment.thirty

Market Rate Wage Adjustments. If market conditions determine that an upward 10 adjustment in one or more economic areas is essential to maintain competitiveness, 11 both the Union and the Employer shall be given the opportunity to raise issues of 12 competitive compensation and propose market adjustments. When the Employer 13 proposes adjustments, the Union shall be given at least thirty (30) days’ notice in 14 advance of the implementation date to negotiate the adjustment.

Market Rate Wage Adjustments. 17 If market conditions determine that an upward adjustment in one or more economic 18 areas is essential to maintain competitiveness, both the Union and the Employer 19 shall be given the opportunity to raise issues of competitive compensation and 20 propose market adjustments. When the Employer proposes adjustments, the 21 Union shall be given at least thirty (30) days’ notice in advance of the 22 implementation date to negotiate the adjustment.