WAGES ADJUSTMENTS Sample Clauses

The WAGES ADJUSTMENTS clause establishes the terms and conditions under which employee wages may be increased or decreased during the course of employment. Typically, this clause outlines the criteria for wage changes, such as cost-of-living adjustments, performance reviews, or changes in job responsibilities, and may specify the timing and process for implementing such adjustments. Its core practical function is to provide a clear and predictable framework for modifying compensation, thereby reducing disputes and ensuring both parties understand how and when wage changes can occur.

WAGES ADJUSTMENTS. Effective the first day of the pay period following ratification, all employees covered under the agreement shall be placed on the wage scale in Appendix A based on their current step or most recent anniversary date, whichever is greater. Employees who transfer from one Center to another Center shall be placed on the wage scale at the appropriate step or maintain their current wage, at the time of transfer, whichever is higher.