INCREASES TO WAGES – PRODUCTIVITY GAINS Clause Samples

The "Increases to Wages – Productivity Gains" clause establishes that employee wage increases are directly linked to measurable improvements in productivity. Typically, this clause outlines specific metrics or benchmarks that must be met for wage adjustments to occur, such as output per hour or efficiency targets, and may detail the process for evaluating and verifying these gains. Its core function is to incentivize higher performance by ensuring that wage growth is tied to tangible productivity improvements, thereby aligning employee compensation with organizational goals and addressing the need for fair and performance-based pay increases.
INCREASES TO WAGES – PRODUCTIVITY GAINS. In recognition of the productivity measures identified herein, the following increases shall be available to all employees covered by this agreement from the first full pay period on or after; 7.1 The existing Rates of Pay and Conditions at 30th September 2005 shall continue until Date of registration 7.2 From the Date of Registration – The rate of pay will be as per Appendix 1 – Table 1 7.3 From the 1st February 2007 – The rate of pay will be as per Appendix 1 – Table 2 7.4 From the 1st February 2008 – The rate of pay will be as per Appendix 1 – Table 3 The above are all inclusive rates including all provisions for CPI, GST, Safenet Wage Adjustments etc. during the life of the Agreement.
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INCREASES TO WAGES – PRODUCTIVITY GAINS. In recognition of the productivity measures identified herein, the following increases shall be available to all employees covered by this agreement from the first full pay period on or after; 7.1 From the date of lodgement with the OEA – The rate of pay will be as per Appendix 1 – Table 1 7.2 From the 1st July 2008 – The rate of pay will be as per Appendix 1 – Table 2 7.3 From the 1st July 2009 – The rate of pay will be as per Appendix 1 – Table 2 The above are all inclusive rates including all provisions for CPI, GST, Safenet, Wage Adjustments etc. during the life of the Agreement.
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INCREASES TO WAGES – PRODUCTIVITY GAINS. In recognition of the productivity measures identified herein, the following increases shall be available to all employees covered by this agreement from the first full pay period on or after; 7.1 The existing Rates of Pay and Conditions at 1st August 2008 shall continue until Date of registration 7.2 From the Date of Registration – The rate of pay will be as per Appendix 1 – Table 1 7.3 From the 1st February 2009 – The rate of pay will be as per Appendix 1 – Table 2 7.4 From the 1st February 2010 – The rate of pay will be as per Appendix 1 – Table 3 7.5 From the 1st February 2011 – The rate of pay will be as per Appendix 1 – Table 4 7.6 From the 1st February 2012 – The rate of pay will be as per Appendix 1 – Table 5 The above are all inclusive rates including all provisions for CPI, GST, Safenet Wage Adjustments etc. during the life of the Agreement.
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Related to INCREASES TO WAGES – PRODUCTIVITY GAINS

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Early and Safe Return to Work The Hospital and the Union are committed to a consistent, fair approach to meeting the needs of disabled workers, to restoring them to work which is meaningful for them and valuable to the Hospital, and to meeting the parties’ responsibilities under the law. To that end, the Hospital and the Union agree to cooperate in facilitating the return to work of disabled employees. The Employer and the Union agree that ongoing and timely communication by all participants in this process is essential to the success of the process. (a) At the regular HAC meeting or at least bi-monthly the Employer will provide an updated list of information to the bargaining unit president including the following: i) Nurses absent from work because of disability who are in receipt of Workplace Safety and Insurance Board benefits; ii) Nurses absent from work because of disability who are in receipt of Long Term Disability benefits including the last day worked; iii) Nurses who have been absent from work because of disability for more than twenty-four (24) months; iv) Nurses who are currently on a temporary modified work program; v) Nurses who are currently permanently accommodated in the workplace; vi) Nurses awaiting temporary modified work; vii) Nurses awaiting permanent accommodation in the workplace. (b) A disabled nurse returning to work from a disability including WSIB to a modified/light/alternative work program, will have a joint Return to Work Team (RTW) attend a return to work meeting. The RTW team will be comprised of the Bargaining Unit President or designate, the Occupational Health representative, the manager and Human Resources. If the Bargaining Unit President or designate attends RTW meetings on her day off, she / he will receive pay at straight time or time in lieu where possible for hours spent in RTW meetings. Such hours are invisible for the purposes of determining premium. L-2 The nurse will advise her manager and Occupational Health Services that she wishes to return to work. A disabled nurse who is ready to return to work will provide the Occupational Health Service with medical verification of her ability to return to work including information regarding any restrictions.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • When Can I Make Contributions You may make annual contributions to your ▇▇▇▇ ▇▇▇ any time up to and including the due date for filing your tax return for the year, not including extensions. You may continue to make regular contributions to your ▇▇▇▇ ▇▇▇ even after you attain RMD age. In addition, rollover contributions and transfers (to the extent permitted as discussed below) may be made at any time, regardless of your age.

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.