Common use of Method of implementing salary adjustments in the absence of a local salary settlement Clause in Contracts

Method of implementing salary adjustments in the absence of a local salary settlement. If a local salary settlement is not reached in accordance with clause 1, the 2023 salary adjustments shall be carried out in one of the two ways referred to below (A or B). The manner in which the salary adjustment is carried out (A or B) shall be agreed with the shop ▇▇▇▇▇▇▇ or, if no shop ▇▇▇▇▇▇▇ has been elected, with the senior salaried employees in a manner jointly agreed by them. If no agreement is reached, the employer shall implement the salary settlement in accordance with option A. In 2023, the employer will implement a salary settlement the total cost impact of which is 4.5%. The salary settlement consists of a lump sum payment (cost impact 1.0%) and salary adjustments car- ried out in accordance with the employer’s pay policy (cost impact 3.5%). The salary settlement is implemented as follows: Senior salaried employees are paid a lump sum of 12.5% calculated based on their monthly salary for February, including fringe ben- efits. The lump sum does not increase the salary that is paid to a senior salaried employee. The payment of the lump sum requires that the continuous em- ployment relationship of the senior salaried employee started no later than on 1 February 2023 and that it is valid at the time the lump sum is paid. For an individual who is employed on a part- time basis, the lump sum is calculated in proportion to the agreed working time and full working time. The lump sum will be paid on the regular payday of March 2023.