Common use of Position Elimination Clause in Contracts

Position Elimination. Employees whose positions have been eliminated, and whose subsequent pay grade will result in a base pay reduction, shall have their base pay rate frozen unless or until the difference between their wage and the subsequent pay grade is $25 per month or less. At that time, they shall be placed in the appropriate pay grade.

Appears in 2 contracts

Samples: Agreement, Agreement

AutoNDA by SimpleDocs

Position Elimination. Employees whose positions have been eliminated, and whose subsequent pay grade will result in a base pay wage reduction, shall have their base pay wage rate frozen unless or until the difference between their wage and the subsequent pay grade is $25 per month or less. At that time, they shall be placed in the appropriate pay grade.

Appears in 1 contract

Samples: Agreement by And

AutoNDA by SimpleDocs

Position Elimination. β€Œ Employees whose positions have been eliminated, and whose subsequent pay grade will result in a base pay reduction, shall have their base pay rate frozen unless or until the difference between their wage and the subsequent pay grade is $25 per month or less. At that time, they shall be placed in the appropriate pay grade.

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.