Common use of Market Studies Clause in Contracts

Market Studies. The parties agree that, in recognition of the commitment to maintain a rational and equitable compensation structure, external market surveys are necessary for comparisons. The parties agree that no less than every two (2) years after the most recent market survey, the employer will select and inform the Union/Management Committee of no more than seven (7) Classification Groups to benchmark wages and benefits against the external labor market. The Employer will complete the study within one (1) year.

Market Studies. The parties agree that, in recognition of the commitment to maintain a rational and equitable compensation structure, external market surveys are necessary for comparisons. The parties agree that no less than every ever two (2) years after the most recent market survey, the employer will select and inform the Union/Management Committee of will meet to mutually select no more than seven (7) Classification Groups to benchmark wages and benefits against the external labor market. The Employer will has one year from the date of the written request to complete the study within one (1) year.study. •

Market Studies. The parties agree that, in recognition of the commitment to maintain a rational and equitable compensation structure, external market surveys are necessary for comparisons. The parties agree that no less than every two (2) years after the most recent market survey, the employer will select and inform the Union/Management Committee of no more than seven (7) Classification Groups to benchmark wages and benefits against the external labor market. The Employer will complete the study within one (1) year.

Market Studies. The parties agree that, in recognition of the commitment to maintain a rational and equitable compensation structure, external market surveys are necessary for comparisons. The parties agree that no less than every ever two (2) years after the most recent market survey, the employer will select and inform the Union/Management Committee of will meet to mutually select no more than seven (7) Classification Groups to benchmark wages and benefits against the external labor market. The Employer will has one year from the date of the written request to complete the study within one (1) yearstudy.