Common use of Wage Adjustments Clause in Contracts

Wage Adjustments. During the term of this contract, all classifications covered by this Agreement, shall be entitled to the adjustments set forth below. These Wage Rates shall be used in the computation of all rates paid to each employee as the Wage Rates change by the adjustments described below. Until 3/22/10 this includes a twenty-five cents ($.25) per hour contribution that is placed into the Spousal Medical Fund and an additional ten cents ($.10) per hour contribution that is placed into the Retiree Vision/Dental Fund, and an additional two cents ($.02) per hour contribution is being deducted from the wage rate and placed into the Joint Workforce Investment. (NOTE: The two cents ($.02) per hour contribution into the Joint Workforce Investment was never subtracted from the wage rates, it was always taken as an employee deduction, and therefore is included in the amounts shown above.) Until 3/22/10, wage rates shall be determined by adding the cents per hour for the Spousal Medical Fund and Retirees Vision/Dental Fund to the Wage Rate for each classification and multiplying the result by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and deducting the cents per hour contribution for the Spousal Medical Fund and Retirees Vision/Dental Fund. On 3/22/10, the twenty-five cents ($.25) per hour contribution that was being placed into the Spousal Medical Fund and the additional ten cents ($.10) per hour contribution that was being placed into the Retiree Vision/Dental Fund will be added back into the wage to establish the current wage. For future adjustments during the term of this Agreement, wages shall be determined by multiplying the current wage by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and this shall be the new wage. (See Pension Sideletter for further details regarding this transition.) Parity Effective 9/8/08, the top wage rates for Transit Radio Dispatchers will be moved to Dispatchers’ rate and the top wage rate for Maintenance Worker will be moved to Facilities Worker rate. Lead Maintenance Worker will remain at 5% above Maintenance Worker. Effective the pay period beginning September 9, 2019, and upon ratification by the Union and the Board of Directors, ATU represented employees shall receive a 4.5% general wage increase. Effective the pay period beginning September 7, 2020, ATU represented employees shall receive a 3% general wage increase. Effective the pay period beginning September 6, 2021, ATU represented employees shall receive a 3% general wage increase. Note: Future wage rates for this agreement, for all classifications, can be found in Appendix A. .3 Progression Periods and Rates There are 3 progression periods for ATU employees.

Appears in 2 contracts

Samples: Agreement, Agreement

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Wage Adjustments. During the term of this contract, all classifications covered by this Agreement, shall be entitled to the adjustments set forth below. These Wage Rates shall be used in the computation of all rates paid to each employee as the Wage Rates change by the adjustments described below. Until 3/22/10 this includes a twenty-five cents ($.25) per hour contribution that is placed into the Spousal Medical Fund and an additional ten cents ($.10) per hour contribution that is placed into the Retiree Vision/Dental Fund, and an additional two cents ($.02) per hour contribution is being deducted from the wage rate and placed into the Joint Workforce Investment. (NOTE: The two cents ($.02) per hour contribution into the Joint Workforce Investment was never subtracted from the wage rates, it was always taken as an employee deduction, and therefore is included in the amounts shown above.) Until 3/22/10, wage rates shall be determined by adding the cents per hour for the Spousal Medical Fund and Retirees Vision/Dental Fund to the Wage Rate for each classification and multiplying the result by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and deducting the cents per hour contribution for the Spousal Medical Fund and Retirees Vision/Dental Fund. On 3/22/10, the twenty-five cents ($.25) per hour contribution that was being placed into the Spousal Medical Fund and the additional ten cents ($.10) per hour contribution that was being placed into the Retiree Vision/Dental Fund will be added back into the wage to establish the current wage. For future adjustments during the term of this Agreement, wages shall be determined by multiplying the current wage by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and this shall be the new wage. (See Pension Sideletter for further details regarding this transition.) Parity Effective 9/8/08, the top wage rates for Transit Radio Dispatchers will be moved to Dispatchers’ rate and the top wage rate for Maintenance Worker will be moved to Facilities Worker rate. Lead Maintenance Worker will remain at 5% above Maintenance Worker. Effective the pay period beginning September 9, 2019, and upon ratification by the Union and the Board of Directors, ATU represented employees shall receive a 4.5% general wage increase. Effective the pay period beginning September 7, 2020, ATU represented employees shall receive a 3% general wage increase. Effective the pay period beginning September 6, 2021, ATU represented employees shall receive a 3% general wage increase. Note: Future wage rates for this agreement, for all classifications, can be found in Appendix A. .3 Progression Periods and Rates There are 3 progression periods for ATU employees.

Appears in 1 contract

Samples: Agreement

Wage Adjustments. During (a) Effective May the term Company agrees to grant cents per hour to all employees of this contract, the Bargaining Unit. Effective May the Company agrees to grant cents per hour to all classifications covered by this Agreement, Skilled Trades employees. Effective May the Company agrees to grant cents per hour to all employees in the Bargaining Unit. Effective May the Company agrees to grant cents per hour to all Skilled Trades employees. Effective May the Company agrees to grant cents per hour to all employees of the Bargaining Unit. Effective May the Company agrees to grant cents per hour to all Skilled Trades employees. It is agreed that a cost of living allowance shall be entitled to the adjustments set forth below. These Wage Rates shall be used in the computation of all rates paid to each employee as the Wage Rates change by the adjustments described below. Until 3/22/10 this includes a twenty-five cents ($.25) per hour contribution that is placed into the Spousal Medical Fund all hourly rated employees and an additional ten cents ($.10) per hour contribution that is placed into the Retiree Vision/Dental Fund, and an additional two cents ($.02) per hour contribution is being deducted from the wage rate and placed into the Joint Workforce Investment. (NOTE: The two cents ($.02) per hour contribution into the Joint Workforce Investment was never subtracted from the wage rates, it was always taken as an employee deduction, and therefore is included in the amounts shown above.normal pay rate as follows: Cost of Living Allowance Statistics Canada Consumer Price Index in addition to Wage Scale by Job Classification and so forth with a adjustment for each change in the Index (1986) Until 3/22/10adjusted quarterly. Payment of wages will be made weekly by electronic funds transfer. Any delays or problems will be discussed with the Union Committee. Article REPRESENTATION The Company recognizes a Union Plant Committee of three members, wage rates one of whom shall be determined recognized as a full-time Union Plant Committee Chairperson. The remaining two members will represent each of the main areas outlined below. The Company further recognizes three alternates elected by adding and composed of fellow bargaining unit members, one of whom shall be elected by the cents per hour skilled trades group and the remaining two elected by trades. Management shall be advised in writing of Committee and Alternate Committeepersons, and any changes which may be required. The Union Plant Chairperson and Committeepersons will be scheduled for day shift work. All bargaining unit employees EXCEPT Skilled Trades In the Spousal Medical Fund and Retirees Vision/Dental Fund event that a shift does not have a representative, the Union may appoint one employee from the shift to handle complaints or grievances. The Union Plant Committee shall notify the Manager, Human Resources in writing of any such appointment. New employees will be introduced to the Wage Rate for each classification and multiplying the result by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and deducting the cents per hour contribution for the Spousal Medical Fund and Retirees Vision/Dental Fund. On 3/22/10Union Plant Committee, the twenty-five cents ($.25) per hour contribution that was being placed into the Spousal Medical Fund Health and Safety Representative, and the additional ten cents ($.10) per hour contribution that was being placed into the Retiree Vision/Dental Fund will be added back into the wage to establish the current wageEmployment Equity Representative. For future adjustments during the term of this Agreement, wages shall be determined by multiplying the current wage by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and this shall be the new wage. (See Pension Sideletter for further details regarding this transition.) Parity Effective 9/8/08, the top wage rates for Transit Radio Dispatchers will be moved to Dispatchers’ rate and the top wage rate for Maintenance Worker will be moved to Facilities Worker rate. Lead Maintenance Worker will remain at 5% above Maintenance Worker. Effective the pay period beginning September 9, 2019, and upon ratification by the Union and the Board of Directors, ATU represented employees shall receive a 4.5% general wage increase. Effective the pay period beginning September 7, 2020, ATU represented employees shall receive a 3% general wage increase. Effective the pay period beginning September 6, 2021, ATU represented employees shall receive a 3% general wage increase. Note: Future wage rates for this agreement, for all classifications, can be found in Appendix A. .3 Progression Periods and Rates There are 3 progression periods for ATU employees.Article

Appears in 1 contract

Samples: Agreement

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Wage Adjustments. During (a) Effective May the term Company agrees to grant cents per hour to all employees of this contractthe Bargaining Unit. Effective May the Company agrees to grant cents per hour to all Skilled Trades employees. Effective May the Company agrees to grant cents per hour to all employees in the Bargaining Unit. Effective May I, the Company agrees to grant cents per hour to all classifications covered by this Agreement, Skilled Trades employees. Effective May the Company agrees to grant cents per hour to all employees of the Bargaining Unit. Effective May the Company agrees to grant cents per hour to all Skilled Trades employees. It is agreed that a cost of living allowance shall be entitled to the adjustments set forth below. These Wage Rates shall be used in the computation of all rates paid to each employee as the Wage Rates change by the adjustments described below. Until 3/22/10 this includes a twenty-five cents ($.25) per hour contribution that is placed into the Spousal Medical Fund all hourly rated employees and an additional ten cents ($.10) per hour contribution that is placed into the Retiree Vision/Dental Fund, and an additional two cents ($.02) per hour contribution is being deducted from the wage rate and placed into the Joint Workforce Investment. (NOTE: The two cents ($.02) per hour contribution into the Joint Workforce Investment was never subtracted from the wage rates, it was always taken as an employee deduction, and therefore is included in the amounts shown above.normal pay rate as follows: Dominion Bureau of Statistics Consumer Price Index Cost of Living Allowance in addition to Wage Scale by Job Classification and so forth with a adjustment for each change in the Index (1986) Until 3/22/10adjusted quarterly Payment of wages will be made weekly by electronic funds trans- fer. Any delays or problems will be discussed with the Union committee. Article REPRESENTATION The Company recognizes a Union Plant Committee of three mem- bers, wage rates one of whom shall be determined recognized as a full-time Union Plant Committee Chairperson. The remaining two members will repre- sent each of the main areas outlined below. The Company further recognizes three alternates elected by adding and composed of fellow bar- gaining unit members, one of whom shall be elected by the cents per hour skilled trades group and the remaining two elected by non-skilled trades. Management shall be advised in writing of Committee and Alternate Committeepersons, and any changes which may be required. The Union Plant Chairperson and Committeepersons will be scheduled for day shift work. All bargaining unit employees EXCEPT Skilled Trades In the Spousal Medical Fund and Retirees Vision/Dental Fund event that a shift does not have a representative, the Union may appoint one employee from the shift to handle complaints or grievances. The Union Plant Committee shall notify the Manager, Human Resources in writing of any such appointment. New employees will be introduced to the Wage Rate for each classification and multiplying the result by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and deducting the cents per hour contribution for the Spousal Medical Fund and Retirees Vision/Dental Fund. On 3/22/10Union Plant Committee, the twenty-five cents ($.25) per hour contribution that was being placed into the Spousal Medical Fund Health and Safety Representative, and the additional ten cents ($.10) per hour contribution that was being placed into the Retiree Vision/Dental Fund will be added back into the wage to establish the current wage. For future adjustments during the term of this Agreement, wages shall be determined by multiplying the current wage by one (1) plus the adjustment percent. The result shall be adjusted to the nearest cent and this shall be the new wage. (See Pension Sideletter for further details regarding this transitionEmployment Equity Representative.) Parity Effective 9/8/08, the top wage rates for Transit Radio Dispatchers will be moved to Dispatchers’ rate and the top wage rate for Maintenance Worker will be moved to Facilities Worker rate. Lead Maintenance Worker will remain at 5% above Maintenance Worker. Effective the pay period beginning September 9, 2019, and upon ratification by the Union and the Board of Directors, ATU represented employees shall receive a 4.5% general wage increase. Effective the pay period beginning September 7, 2020, ATU represented employees shall receive a 3% general wage increase. Effective the pay period beginning September 6, 2021, ATU represented employees shall receive a 3% general wage increase. Note: Future wage rates for this agreement, for all classifications, can be found in Appendix A. .3 Progression Periods and Rates There are 3 progression periods for ATU employees.

Appears in 1 contract

Samples: Agreement

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