Wage Provision Sample Clauses
A Wage Provision clause sets out the terms and conditions regarding employee compensation within an agreement. It typically specifies the amount of wages, the frequency and method of payment, and may address overtime rates or bonuses. By clearly defining how and when employees are paid, this clause ensures both parties understand their financial obligations and helps prevent disputes over compensation.
Wage Provision a) 2017-2018: 2% increase plus Step. No retroactivity. Pay adjustments will be effective as of August 4, 2017, as long as both parties approve the Tentative Agreement.
b) 2018-2019: 2.25% increase plus Step.
c) 2019-2020: 2.50% increase plus Step.
Wage Provision
