General Wage Increase definition

General Wage Increase means a general wage increase resulting from the formula set out in this LOA and applied as a percentage increase to all wage rates in the collective agreement on the first pay day after the commencement of the eleventh (11th) month in a collective agreement year;
General Wage Increase or “GWI” means the overall general wage increase expressed as a percentage.
General Wage Increase means any increase granted by the Industrial Relations Commission of New South Wales in accordance with section 50 or 51 of the Act.

Examples of General Wage Increase in a sentence

  • The Cost of Living Allowance will be applied as applicable to the General Wage Increase (GWI) effective on the first pay period after (date TBD) The parties agree to use the following formula: "Annualized Average of AB CPI over twelve months” (AAAB CPI) means the 12-month average index % change reported by Statistics Canada (Table 18-10-0004-01) for Alberta during the twelve months preceding the date the GWI is to take effect.


More Definitions of General Wage Increase

General Wage Increase is defined as an across-the-board wage increase for all members of the bargaining unit. The cost-of-living clause shall not be effective during the term of this Agreement. In addition to the basic hourly wage rates of pay specified in the Agreement, all employees covered by the Agreement shall be paid a cost-of-living allowance to be determined and re-determined on the basis of increases over the February 1984 Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) (1967=100), U.S. City Average, All Items, published by the Bureau of Labor Statistics, United States Department of Labor. The Index for February 1984 shall be the Base Index. The cost-of-living adjustment shall be one cent ($.01) for each full .4 increase in the index over the Base Index. The lack of a signing bonus shall be understood as non- precedential by both parties.
General Wage Increase or “GWI” means the overall general wage increase expressed as a percent- age.

Related to General Wage Increase