Third General Wage Increase Sample Clauses

Third General Wage Increase. Effective July 1, 2022, all standard basic daily rates of pay in effect on June 30, 2022 for employees covered by this Agreement shall be increased by seven (7) percent, computed and applied in the same manner prescribed in Section 1 above.
AutoNDA by SimpleDocs
Third General Wage Increase. Effective July 1, 1999, all standard basic daily rates of pay in effect on June 30, 1999 for employees represented by the Brotherhood of Locomotive Engineers shall be increased by three-and-one-half (3-1/2) percent, computed and applied in the same manner prescribed in Section 1 above.
Third General Wage Increase. Effective July 1, 2004, all standard, basic daily rates of pay for employees covered by this Agreement on June 30, 2004 shall be increased by three (3) percent.
Third General Wage Increase. On January 1, 2005, hourly rates of pay of positions covered by this agreement will be increased as described herein. The hourly rate of pay for each such position shall be increased by the amount needed to equalize such rate of pay with the average hourly rate of pay applicable as of that date to the same job classification on the KCS. Concurrently, Rule 43-Rate Maintenance, is eliminated. RULE 43 RATE MAINTENANCE Former Illinois Central Gulf employees who entered the service of the Chicago Missouri and Western Railway Company (CMW) on the date operations commenced on the CMW or within thirty (30) days thereafter, and who have been continuously employed by GWWR (listed on the attached Appendix 6) shall receive not less than ninety percent (90%) of the applicable rates set forth in Appendix 6, provided in each case that the employee continues to occupy a position which is in the same pay class that his position fell in at the time of initial employment with CMW. If the employee voluntarily occupies a position in a lower pay class, then his pay scale shall be reduced proportionately, or he shall receive the rate for the class as set forth in Appendix 1, whichever is greater. If through action of the Carrier or by operation of the Agreement, an employee is forced to accept a position in a lower rated class, he shall continue to maintain his rate at a level not less than he received at the time of initial employment with CMW; however, an employee shall be expected to exercise his seniority so as to accept the highest position available to him (other than one requiring a change in headquarters point) in order to be entitled to the benefit of this rate-maintenance provision. The parties agree that the foregoing does not restrict the right of the GWWR to reduce forces or discharge employees as provided for in this Agreement.
Third General Wage Increase. Effective August 1, 2024, basic hourly and monthly rates of pay in effect on the preceding day for employees covered by this Agreement shall be increased in the amount of four and one half percent (4.5%) representing a general wage increase. A productivity bonus in the amount of $1,000 shall be made to each employee who performed active service under the collective bargaining agreement between January 1 and November 30, 2024 and who: (1) maintains an active employment relationship with the company as of December 1, 2024; or (2) retired or died on or after January 1, 2024. In determining new hourly rates, fractions of a cent will be disposed of by applying the next higher quarter of a cent.
Third General Wage Increase. On January 1, 2025, the basic hourly rate of pay will be increased by 4.5%:
Third General Wage Increase. On January 1, 2004, hourly rates of pay of positions covered by this agreement will be increased as described herein. The hourly rate of pay of each such position shall be increased by the amount equal to one-half (1/2) of the difference between such rate of pay and the average hourly rate of pay applicable on that date to the same job classification on the KCS.
AutoNDA by SimpleDocs

Related to Third General Wage Increase

  • STEP II 18.3.2.1 If the employee desires to appeal the grievance to Step II, the grievance shall be reduced to writing and presented to the Department Director or his/her designated representative, within five (5) working days following the receipt of the immediate supervisor's oral reply.

Time is Money Join Law Insider Premium to draft better contracts faster.