Common use of Annual Increase Clause in Contracts

Annual Increase. The percentage increase in all wage rates in each year of this Collective Agreement shall be as follows: YEAR 1 – October 1, 2019 to September 30, 2020 --- 2.98% YEAR 2 – October 1, 2020 to September 30, 2021 --- 2.1% YEAR 3 – October 1, 2021 to September 30, 2022 --- 2.1% YEAR 4 – October 1, 2022 to September 30, 2023 --- 2.1%

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Annual Increase. The percentage increase in all wage rates in each year of this Collective Agreement shall be as follows: YEAR 1 – October 1, 2019 2011 to September 30, 2020 2012 --- 2.983.89% YEAR 2 – October 1, 2020 2012 to September 30, 2021 2013 --- 2.12.57% YEAR 3 – October 1, 2021 2013 to September 30, 2022 2014 --- 2.12.55% YEAR 4 – October 1, 2022 2014 to September 30, 2023 2015 --- 2.12.98% YEAR 5 – October 1, 2015 to March 31, 2016 --- 2.00% – April 1, 2016 to September 30, 2016 --- 2.56%

Appears in 1 contract

Samples: Collective Agreement

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Annual Increase. The percentage increase in all wage rates in each year of this Collective Agreement shall be as follows: YEAR 1 – October 1, 2016 to September 30, 2017 --- 3.90% YEAR 2 – October 1, 2017 to September 30, 2018 --- 2.98% YEAR 3 – October 1, 2018 to September 30, 2019 --- 2.98% YEAR 4 – October 1, 2019 to September 30, 2020 --- 2.98% YEAR 2 5 – October 1, 2020 to September 30March 1, 2021 --- 2.12.98% YEAR 3 6 – October 1, 2021 to September 30, 2022 --- 2.12.98% YEAR 4 7 – October 1, 2022 to September 30, 2023 --- 2.13.25%

Appears in 1 contract

Samples: Collective Agreement

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