Common use of MONETARY PACKAGE Clause in Contracts

MONETARY PACKAGE. 2014 (a) Effective January 1, 2014 GWI - 1.75% applied to wages in effect as of January 1, 2014 (inclusive of an adjustment in lieu of language changes regarding paid union time) - increase doesn’t apply to market adjusted staff nor anyone with an agreed-upon arrangement that states otherwise

MONETARY PACKAGE. 20142016 (a) Effective January 1, 2014 2016 GWI - 1.751.6% applied to wages in effect as of January 1, 2014 (inclusive of an adjustment in lieu of language changes regarding paid union time) 2016 - increase doesn’t apply to market adjusted staff nor anyone with an agreed-upon arrangement that states otherwise.