Rate Changes Red Circle Rates Sample Clauses

Rate Changes Red Circle Rates. An employee who on July was entitled to receive a "red circle" rate on any job shall receive his applicable "red circle" for time worked on such job plus the general wage increases provided for in this Agreement or the applicable standard hourly rate for such job, whichever is the higher. Out-of-line differentials are thereby reduced or eliminated 'by the job class increment adjustment provided for in this Agreement on the effective date of such adjustment. In the case of an employee receiving an out-of-line differential, pursuant to paragraph (a)above, who is promoted or assigned to a job of higher job class, a new out-of-line differential shall be established for this employee if the rate for such a job (as provided in paragraph (a) above) is less than the standard hourly rate for the job from which promoted plus the employee's out-of-line differential. The new out-of-line differential shall equal the standard hourly rate for the job from which promoted plus the terminated out-of-line differential minus the standard hourly rate for the job to which promoted. When an employee enters the training programme for any of the trade or craft or skilled jobs as defined and identified under the Manual and his rate at such time is above the applicable rate provided for the applicable period of training in the Manual, such employee's rate shall not be reduced but he will not be subject to periodic progression adjustments in his personal rate until such time as he is entitled to a higher rate in accordance with the applicable Wage Progression Schedule of the Manual except that he shall receive the general wage increases (excluding increases in job class increments for the applicable job classifications) which become effective during the period of this Agreement. The amount by which such employee's personal rate at the time of entering the training programme (as adjusted by the applicable general wage increases specified in the preceding paragraph) exceeds the rate established for that applicable training period under the Manual shall be identified as such employee'spersonal out-of-line differential. The progression from a training rate to higher rate in applicable Wage Progression Schedule on such job shall operate to reduce the out-of-line differential in the amount of progression or to eliminate the out-of-line differential if such is less than the amount of progression. Shift Differentials The following shift differentials are established, and will be paid each em...