Common use of Distribution Option Clause in Contracts

Distribution Option. Instead of the increase pursuant to item 2, a works agreement to be concluded by 31.7.2024 may stipulate that the actual salaries or wages be increased by 6.6% and, in addition, that the salaries or wages of individual employees be increased. If the actual salaries or wages increased in this way do not reach the new minimum salaries or wages, they shall be increased accordingly, whereby this increase cannot be offset against the distribution amount. Flat-rate overtime payments shall be increased by the percentage by which the respective actual salary or wage is increased. Time-off option

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

Distribution Option. Instead of the increase pursuant to item 2, a works agreement to be concluded by 31.7.2024 31.7.2022 may stipulate that the actual salaries or wages be increased by 6.64.6% and, in addition, that the salaries or wages of individual employees be increased. If the actual salaries or wages increased in this way do not reach the new minimum salaries or wages, they shall be increased accordingly, whereby this increase cannot be offset against the distribution amount. Flat-rate overtime payments shall be increased by the percentage by which the respective actual salary or wage is increased. Time-off option.

Appears in 1 contract

Sources: Collective Agreement