Parity Pay definition

Parity Pay shall be the sum of all customer service/reservation, agent, ramp service and mechanic employees Pay re-calculated using the Parity Pay Scale in place of actual Pay rates.
View Source

Examples of Parity Pay in a sentence

  • If Pay Rates exceed Parity Pay Rates in any classification, the labor cost for that classification will be multiplied by the overage percentage and such product will be deducted from Total Operating Cost for purposes of calculating the Margin.

  • Pinnacle’s Pay Rates for the pilot and flight attendant workgroups plus hourly impact of any Bonus Rate are compared to Parity Pay Rates.

  • The parties agree that labor costs resulting from any significant work rule and/or Premium changes, in lieu of above Parity Pay Rates will be excluded from Total Operating Cost when calculating the Margin pursuant to Section 5.10(a) and 5.13(a).

  • Pinnacle's Pay Rates for the pilot and flight attendant workgroups plus hourly impact of any Bonus Rate are compared to Parity Pay Rates.

  • If Pay exceeds Parity Pay in any classification, the difference will be deducted from Total Operating Cost for purposes of calculating the Margin.

  • Pinnacle's actual Pay for customer service/reservations agent, ramp service, and mechanic workgroups is compared to projected Parity Pay.

  • Exhibit A Hub City Facility Charges Exhibit B Predicted Employee Bonuses and Incentives Exhibit C Parity Pay Agreement THIS AIRLINE SERVICES AGREEMENT (the “Agreement”) is dated as of the 1st day of March, 2002 by and between PINNACLE AIRLINES, INC., a Georgia corporation (“Pinnacle”), and NORTHWEST AIRLINES, INC., a Minnesota corporation (“Northwest”).

  • In order to assess compliance with the Parity Pay Agreement, Pinnacle agrees to provide Northwest with data including but not limited to the following: • Total labor costs by workgroup or classification (e.g. pilot) • Pay scales to the extent they exist for all Pinnacle’s workgroups.

  • In order to assess compliance with the Parity Pay Agreement, Pinnacle agrees to provide Delta with data including but not limited to the following: – Total labor costs by workgroup or classification (e.g., pilot).

  • The parties agree that labor costs resulting from any significant work rule and/or Premium changes, in lieu of above Parity Pay Rates will be excluded from Total Operating Cost when calculating the Margin pursuant to SECTION 5.10(A) and 5.13(A).