Common use of Rate Indexation Clause in Contracts

Rate Indexation. The rates of pay will be reviewed on at least an annual basis. The Employer will consider the movement in the CPI and increases to pay rates handed down by the Australian Fair Pay Commission when reviewing the Agreement rates of pay.

Rate Indexation. The rates of pay will be reviewed on at least an annual basis. The Employer Rates will consider be adjusted in accordance with the movement percentage changes in the CPI and increases to rate of pay rates for a ▇▇▇▇▇▇▇▇▇ tradesperson as handed down by the Australian Fair Pay Commission when reviewing Commission. The rate change will occur on the Agreement rates first full pay period on or after the Decision of paythe Australian Fair Pay Commission.