Wage & Allowance Increases Sample Clauses
Wage & Allowance Increases. The Rates of Pay and Allowances listed in Schedule 1 of this Agreement will increase as follows: -
i. Upon commencement of this Agreement, the pay increase will be as per the table in Schedule 1.
ii. On the first full pay period 12 months from the commencement date of the Agreement, an increase of 2.5% will be effective.
iii. On the first full pay period 24 months from the commencement date of the Agreement, an increase of 2% will be effective.
Wage & Allowance Increases. The Rates of Pay and Allowances listed in Schedule 1 & Schedule 2 of this Agreement will increase as follows: -
i. Upon ratification of this Agreement, the pay increase will be as per the table in Schedule 1 upon the EA approval date in 2022.
ii. On the first anniversary of the Agreement, an increase of 3% will be effective on the first full period on or after the year 1 anniversary 2023.
iii. On the second anniversary of the Agreement, an increase of 3% will be effective on the first full period on or after the year 2 anniversary 2024.