Common use of Year Four Clause in Contracts

Year Four. Effective July 1, 2017 the following adjustments will be made in the order shown: a) Each employee whose salary is below the range maximum for his/her position will receive a step increase equal to 3% of the minimum or to the maximum of his/her position, whichever is less. b) Salaries shall be increased by 1.25%, except those which are above the range maxima. Salaries which are above the range maximums are red-circled and frozen until those salaries are in line with the range maxima. c) The salary ranges will be increased by 1.25%.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement