Wages and Wage Increases Sample Clauses
The "Wages and Wage Increases" clause establishes the rules and procedures for determining employee pay rates and the conditions under which those rates may be increased. Typically, this clause outlines the base wage for specific job classifications and details the schedule or criteria for future wage adjustments, such as annual raises, cost-of-living increases, or merit-based increments. By clearly defining how and when wages will change, this clause ensures transparency and predictability for both employers and employees, helping to prevent disputes over compensation and supporting fair labor practices.
Wages and Wage Increases. 28.1 Weekly rates of pay prescribed by this Agreement will be increased by the amounts set out below:
(a) 3.25% effective from the FFPPOA 4 August 2016;
Wages and Wage Increases. 28.1 Weekly rates of pay prescribed by the 2020 Agreement will be increased by the amounts set out below:
(a) 2% backdated to FFPPOA 1 March 2022;
(b) 2% effective from FFPPOA 1 March 2023;
(c) 2% effective from FFPPOA 1 March 2024; and
(d) 2% effective from FFPPOA 1 March 2025.
28.2 The rates as amended by this Agreement are set out at Appendix 2 of this Agreement.
28.3 The above rates of pay will only come into operation on the approval of this Agreement by the Commission in accordance with the Act.
28.4 To reduce the likelihood of undertakings required to be given to the Commission, some rates of pay have had additional minor increases applied to them above the Award wage. These are identified in Appendix 2 of the Agreement with an asterisk symbol.
Wages and Wage Increases. Weekly rates of pay prescribed by the 2020 Agreement will be increased by the amounts set out below:
Wages and Wage Increases. 12.1 Full-time and Part-time Employees
Wages and Wage Increases. The minimum wage rates that will be paid to Employees during the life of this Agreement are set out in the tables below for Permanent Employees and casual Employees, respectively: 1 Storeperson $30.53 $31.75 $32.81 $33.91 $35.10 2 Storeperson / Forklift Driver $30.88 $32.12 $33.19 $34.30 $35.50 3 Leading Hand $32.52 $33.82 $34.95 $36.12 $37.39 4 Team Leader $34.06 $35.42 $36.61 $37.84 $39.16 1 <=12 Mths. Storeperson CAS Base $26.67 $28.88 $31.20 $33.70 CAS Loaded $33.34 $36.10 $39.00 $42.12 1 >12 Mths. Storeperson CAS Base $26.82 $29.04 $31.38 $33.89 CAS Loaded $33.53 $36.30 $39.22 $42.36 2 Storeperson / Forklift Driver CAS Base $26.98 $29.21 $31.56 $34.08 CAS Loaded $33.72 $36.51 $39.45 $42.60
Wages and Wage Increases. A. The minimum hiring wage rate shall be the prevailing Federal minimum wage rate. If the current Federal or State minimum wage is increased during the term of Agreement, all Employees employed more than sixty (60) calendar days shall receive a wage increase of thirty
Wages and Wage Increases. (a) Base hourly rates payable under this Agreement are as follows: 1 $24.87 $25.61 $26.38 $27.17 2 $26.18 $26.96 $27.77 $28.60 3 $27.01 $27.82 $28.65 $29.51 4 $27.59 $28.42 $29.27 $30.15 5 $29.26 $30.14 $31.04 $31.97 6 $31.35 $32.29 $33.26 $34.26
Wages and Wage Increases. A- The wages paid within the organization of Turkish Airlines Inc. shall comprise of the total amount of the seniority pay specified on the schedule given under APPENDIX-1, the workmen's compensation specified on the schedule given under APPENDIX-2 or the flight compensations specified on the schedule given under APPENDIX-3.
B- WAGE INCREASE :
I. YEAR:
1. Wage Increase for the 2nd 6 months:
Wages and Wage Increases. 20.1 The minimum base rates of pay for employees covered by this Agreement are as set out in Table 1 of Schedule 1 to this Agreement.
20.2 To avoid doubt, where any provisions of this Agreement refers to an employee's weekly rate (e.g. redundancy pay), such weekly rates shall be determined by reference to Table 1 set out in Schedule 1. The hourly rate shall be calculated by dividing the applicable weekly rate for the employee's classification by 38.
20.3 Table 1 in Schedule 1 sets out the pay rates over the life of the Agreement for employees. Wage increases shall be payable on the first full pay period on or after 15 November each year in accordance with the Table. In the case of the first wage increase, the increase shall be payable on the first full pay period on or after the Agreement commences operation after approval by the Fair Work Commission (however, back dated to 15 November 2023).
Wages and Wage Increases. Wage rates and increases for all classifications are in accordance with Schedules E, F, G, H and I. The rates of pay for all employees covered by this Agreement will be increased as follows:
(a) From the first full pay period on or after 1 July 2023, wages will increase by 5%;
(b) From the first full pay period on or after 1 July 2024, wages will increase by a further 5%;
(c) From the first full pay period on or after 1 July 2025, wages will increase by a further 5%. Progression
(a) Progression from one level to the next level shall be by appointment and dependent upon the employee satisfying the requirements outlined in each level.
(b) An employee shall not move from one pay point to the next pay point within the classification level until:
(i) In the case of a full time employee, such employee has received such wage for a period of twelve months (1976 hours);
(ii) In the case of a part-time or casual employee, when such employee has received such wage for a period of twelve (12) months and has worked the equivalent of 1200 hours.