Common use of Second Fiscal Year Wage Adjustment Clause in Contracts

Second Fiscal Year Wage Adjustment. Effective July 1, 2020, all salary ranges and rates for classes covered by this Agreement shall be increased by two and one-half percent (2.5%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Second Fiscal Year Wage Adjustment. Effective July 1, 20202014, all salary ranges and rates for classes covered by this Agreement shall be increased by two and one-half three percent (2.53.0%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 2 contracts

Samples: Agreement, www.leg.mn.gov

Second Fiscal Year Wage Adjustment. Effective July 1, 20202024, all salary ranges and rates for classes covered by this Agreement shall be increased by two four and one-half percent (2.54.50%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 2 contracts

Samples: Agreement, Agreement

Second Fiscal Year Wage Adjustment. Effective July 1, 20202022, all salary ranges and rates for classes covered by this Agreement shall be increased by two and one-half percent (2.52.50%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 2 contracts

Samples: Agreement, Agreement

Second Fiscal Year Wage Adjustment. Effective July 1January 2, 20202013, all salary ranges and rates for classes covered by this Agreement shall be increased by two and one-half percent (2.52.0%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 2 contracts

Samples: Agreement, www.leg.mn.gov

Second Fiscal Year Wage Adjustment. Effective July 1, 20202008, all salary ranges and rates for classes covered by in this Agreement shall be increased by two three and one-half quarter percent (2.53.25%), rounded to the nearest cent. Salary increases provided by this section Section shall be given to all employees employees, including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid grids for classes covered by this Agreement is are contained in Appendix B-2E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 1 contract

Samples: Labor Agreement

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Second Fiscal Year Wage Adjustment. Effective July 1, 20202018, all salary ranges and rates for classes covered by this Agreement shall be increased by two and one-half quarter percent (2.52.25%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 1 contract

Samples: www.leg.mn.gov

Second Fiscal Year Wage Adjustment. Effective July 1, 20202024July 1 , 2022, all salary ranges and rates for classes covered by this Agreement shall be increased by four and one‐half percent two and one-half one‐half percent (2.54.502.50%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2B‐2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

Appears in 1 contract

Samples: Agreement

Second Fiscal Year Wage Adjustment. Effective July 1, 20202014 July 1, 2016, all salary ranges and 2 rates for classes covered by this Agreement with the exception of the maximum rates for classes assigned to 3 compensation codes 9J, 11K, and 14K shall be increased by two threetwo and one-half percent (2.53.02.5%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.rounded

Appears in 1 contract

Samples: Agreement

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