Wage Increases. Bargaining unit employees covered by this National Teamsters Addendum shall receive a two and one- quarter percent (2.25%) three percent (3.00%) across the board (ATB) structural raise, to be effective the third full pay period following the ratification of this National Teamsters Addendum. as well as a lump sum payment of $400 for full-time employees and $200 for part-time employees. Probationary period employees and employees in an inactive status are ineligible for this lump sum. The Employer agrees that one percent (1%) will be applied to the Local Agreements’ new hire rates and any tiered wage structures. The Red Cross shall pay a retroactive pay bonus at a rate of 3% of gross hourly wages earned (excluding premiums, shift differentials, incentives, bonuses or other earnings not hours based) from September 30, 2021 through the third full pay period following ratification of this agreement. Retroactive payments will not be made to terminated employees
Appears in 13 contracts
Samples: Tentative Agreement, Tentative Agreement, Tentative Agreement
