Scale Increases Sample Clauses

The Scale Increases clause defines how and when adjustments to pricing, quantities, or other contractual metrics can be made based on changes in scale, such as increased volume or expanded scope of work. Typically, this clause outlines the thresholds or triggers for such increases and specifies the method for calculating the new rates or quantities, often referencing a predetermined formula or schedule. Its core practical function is to provide a clear and fair mechanism for adapting contract terms to accommodate growth, thereby reducing disputes and ensuring both parties are prepared for changes in scale during the contract term.
Scale Increases. Scale increases during the life of this Agreement shall be as follows: Effective May 1, 2017: 2.00% Each cell in the 35-hour/week Salary Ranges (Appendix A) will be increased by the scale increase identified above. Each cell in the 37.5 and 40-hour/week Salary Ranges (Appendix A) will be increased to ensure that the hourly rate for these salary ranges is the same as the 35-hour/week salary range.
View SourceView Similar (4)
Scale Increases. Scale increases during the life of this Agreement shall be as follows: Effective May 1, 2021: – 1.0% Effective May 1, 2022: – 1.0% Effective May 1, 2023: – 1.0% Each step in the 35-hour/week Salary Ranges (Appendix A) will be increased by the scale increase identified above. Each step in the 37.5 and 40-hour/week Salary Ranges (Appendix A) will be increased to ensure that the hourly rate for these salary ranges is the same as the 35-hour/week salary range.
View SourceView Similar (3)
Scale Increases. Increase scales by ½ of the compensatory increase percentage each year (except for IT scales and Reporter scales, which are being specifically adjusted and which will have no additional increases for FY20, but which will be subject to the general scale increase effective 7/1/20). Effective and retroactive to 7/1/19 = 1% (except as noted above). Effective 7/1/20 = 1.125%. Effective 7/1/21 = 1.25%.
View Source

Related to Scale Increases

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Merit Increases Merit increases shall be based on satisfactory service. Employees shall be eligible for in-range merit increases on their established anniversary date until such time they have reached the top step of the classification in which they are employed. The eligibility date, for the purpose of this section, shall be the date upon which the employees are granted their first in-range merit increase to the next step of their pay range. This eligibility date may be changed as a result of the timing of future in-range merit increases, promotions or reclassifications.