WebApr 13, 2024 · Bargaining highlights: BCGEU members working in support services at the Justice Institute of British Columbia (JIBC) have ratified their agreement. Members at Douglas College have a tentative agreement and are conducting their ratification vote. Bargaining is underway for the remaining five units; and all will receive retroactive wage … WebThe following is an example of how to compute overtime pay based on the employee’s regular rate: $10.00 per hour x 43 hours = $430.00 (total compensation for straight time) $430.00 + $50.00 (excludes $25.00 discretionary bonus) = $480.00 (total compensation) $480.00 ÷ 43 hours = $11.16 (regular rate)
Caterpillar, union contract details emerge - Herald …
WebKey highlights: 2 percent general wage increases in December 2024 and 2024. If market-based wage adjustments are greater than 2 percent in 2024 and 2024, the greater amount applies. Webusually takes at least six pay periods, or 12 weeks, from the date of ratification. If ratified on March 31, members can expect to see the ratification bonus payment in checks by the … fnf phillip
Agreement Reached for Wage Increases + Bonus for Members …
WebAug 3, 2024 · It also includes an average of a 14% general wage increase over three years, in addition to cost-of-living adjustments. ... Boeing had also offered a $3,000 ratification bonus. Reporting by David ... WebThe 2004-2008 Memorandum of Agreement between CUNY and IATSE Local One provides for the following increases: Ratification Bonus Payment An $800 bonus payment is to be paid to all eligible annual employees who are Active or on a Paid Leave (SKL, WDL or MLS) on the ratification date of 2/5/06. WebThe parties did not dispute for the last several years that the General Fund Carryover has fluctuated. In 2007, it was $1,760,716 and in 2024 it was $230,042. In 2024, it rose to $3,069,464, ... That agreement provided an approximately 9% wage increase during the first year ... membership for ratification. The membership rejected the tentative ... greenville area community foundation