Minimum Expectancy Benchmark Clause Samples

Minimum Expectancy Benchmark. (a) The Minimum Expectancy Benchmark is defined as the amount that it is expected the Owner Operator will make for providing their services on a full working day basis. A full working day is defined by all appropriate statutes as applicable to Owner Operators. Minimum Expectancy Benchmark Vehicle Type Date of Ratification Cars/ SUV / Mini-Van $180.00 Cargo Van / Sprinter / Cube Van $195.00 Dock Level Truck $230.00 (b) It is understood that the minimum expectancy benchmarks are designed to compensate Owner Operators for their fixed costs in the event there is a shortage of commissionable revenue to meet these requirements. Should an Owner Operator refuse work that is within their normal classification that does not fall under the provision of Article 19, that particular day will be deemed ineligible for benchmarking and the revenue will be prorated by settlement period. (c) The Company agrees to provide the Union on a monthly basis with a listing of those Owner Operators who have not achieved the minimum expectancy benchmark over the previous month. An Owner Operator who has completed three (3) months or more of engagement shall have the right to request a review of their revenues where such fall below the applicable minimum expectancy benchmark. (d) The Union and the Company shall determine the reasons and causes behind an instance where an individual’s revenues fall below the settlement period minimum expectancy benchmark based on a calculation of the per diem rate multiplied by complete days worked. (e) Revenue or wage adjustment calculations will be based on the following example: Cars/ SUV / Mini-Van Cargo Van / Sprinter / Cube Van Dock Level Truck Minimum Expectancy Benchmark $180.00 $195.00 $230.00 Number of Actual Days Worked 11 11 11 Adjusted Minimum Expectancy Benchmark 11 x $180.00 = $1,980.00 11 x $195.00 = $2,145.00 11 x $230.00 = $2,530.00 Owner Operator Actual Earnings $1,600.00 $2,000.00 $2,200.00 Adjustment $380.00 $145.00 $330.00 26.01 Effective the date of ratification of this Collective Agreement (October 15th, 2024), the following commission rates will apply to all Owner Operators contracted to the Company: Cars / SUV / Mini- Van Cargo Van / Sprinter / Cube Van Dock Level Trucks *Any Owner Operator currently above these rates shall have their current rate red circled subject to ▇▇▇ #1. For all Owner Operators contracted after the date of Ratification, the following commission rates will apply: Cars / SUV / Mini-Van Cargo Van / Sprinter ...

Minimum Expectancy Benchmark. (a) The Minimum Expectancy Benchmark is defined as the amount that it is expected the Driver / ▇▇▇▇▇▇ / Biker will make for providing their services on a full working day basis. A full working day is defined by all appropriate statutes as applicable to employees and owner-operators: Vehicle Type Daily Commission Levels Effective Date Dec. 5/12 Year 3 Year 5 (b) The company agrees to provide the Union on a monthly basis with a listing of those employees / owner-operators who have not achieved the minimum expectancy benchmark over the previous month. An employee / owner-operator who has completed 3 months or more of employment / engagement shall have the right to request a review of their revenues or earnings where such fall below the applicable minimum expectancy benchmark. For greater certainty, the parties agree that the minimum expectancy benchmark reviews will not take place prior to the first review of fleet reconfigurations under Clause 20.02. (c) The Union and the Company shall determine the reasons and causes behind an instance where an individual’s revenues or earnings fall below the monthly expectancy benchmark based on a calculation of the per diem rate multiplied by complete days worked. Calculations are based on the employee / owner- operators being available to work on each business day of the month measured and applied against the resulting monthly total. However, employees / owner- operators on leave approved for under this collective agreement or absent not more than 2 days during the month will receive a pro-rated minimum expectancy benchmark. Corrective action including revenue or wage adjustments will be implemented as required and it is agreed that disputes concerning same may be the subject of a grievance in accordance with this collective agreement. (d) Revenue or wage adjustment calculations will based on the following example: Car Minimum Expectancy Benchmark = $105.00/Day