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July 1, 2017 Industry Wide Agreement (“IWA”) wage and wage related increases
This memo shall serve as a reminder of the adjustments called for under the IWA to take effect on July 1, 2017. On that date, each employee on the Employer’s payroll shall receive a wage increase of 3.5% of the employee’s actual rate of pay in effect on that date.
You can find the specific adjustments to the hourly rate for Bellpersons and Doorpersons, extra rooms, cots, night shift differential, porterage, and all Funds (with the exception of Pension and Health) in our November 10, 2016 memo, by Clicking Here.
The contribution rates for Pension and Health are set forth in our January 27, 2016 memo, also attached.
If you have any questions, do not hesitate to contact David R. Rothfeld, Lois M. Traub, Alexander Soric, Robert L. Sacks, Jennifer Schmalz, Jaclyn K. Ruocco, or Michael C. Lydakis. |
