Common use of Service Increment Clause in Contracts

Service Increment. In recognition of length of service to the College, the Employer agrees to pay each employee who has reached the accumulated service levels below, additional compensation for time worked in each subsequent pay period at the following rates: 9,137.5 hours 15¢ per hour 18,275.0 hours 30¢ per hour 27,412.5 hours 45¢ per hour 36,550.0 hours 60¢ per hour Formula: Hourly Rate: Monthly rate divided by 152.25 Daily Rate Hourly rate x 7 Annual Rate Monthly rate x 12 APPENDIX 8 List of Arbitrators (See Article 32.2) X. Xxxxx

Service Increment. In recognition of length of service to the College, the Employer agrees to pay each employee who has reached the accumulated service levels below, additional compensation for time worked in each subsequent pay period at the following rates: 9,137.5 hours 15¢ per hour 18,275.0 hours 30¢ per hour 27,412.5 hours 45¢ per hour 36,550.0 hours 60¢ per hour Formula: Hourly Rate: Monthly rate divided by 152.25 Daily Rate Rate: Hourly rate x 7 Annual Rate Rate:Monthly rate x 12 APPENDIX 8 List of Arbitrators 9 – LIST OF ARBITRATORS (See Article 32.2) X. Xxxxx

Service Increment. In recognition of length of service to the College, the Employer agrees to pay each employee who has reached the accumulated service levels below, additional compensation for time worked in each subsequent pay period at the following rates: 9,137.5 hours 15¢ per hour 18,275.0 hours 30¢ per hour 27,412.5 hours 45¢ per hour 36,550.0 hours 60¢ per hour Formula: Hourly Rate: Monthly rate divided by 152.25 Daily Rate Rate: Hourly rate x 7 Annual Rate Rate: Monthly rate x 12 APPENDIX 8 List of Arbitrators (See Article 32.2) X. Xxxxx

Service Increment. In recognition of length of service to the College, the Employer agrees to pay each employee who has reached the accumulated service levels below, additional compensation for time worked in each subsequent pay period at the following rates: 9,137.5 hours 15¢ per hour 18,275.0 hours 30¢ per hour 27,412.5 hours 45¢ per hour 36,550.0 hours 60¢ per hour Formula: Hourly Rate: Monthly rate divided by 152.25 Daily Rate Rate: Hourly rate x 7 Annual Rate Rate: Monthly rate x 12 APPENDIX 8 List of Arbitrators (See Article 32.2) X. Xxxxx