Rate of Pay on Reclassification Sample Clauses

Rate of Pay on Reclassification. When an employee is promoted or reclassified to a higher paying position in the salary schedule, the employee will receive the rate for the position if a single salary, or in the case of a position on a salary range, will receive the rate in the salary range which is the closest step to eight percent (8%) above his/her previous rate, or the minimum of the new range, whichever is greater, but not more than the top of the new salary range.
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Rate of Pay on Reclassification. (a) Where an employee's position is reclassified to a higher pay group, the employee shall then be paid at the new pay rate which is immediately higher than he or she had previously been receiving.
Rate of Pay on Reclassification. Upon reclassification of an employee's own position to a higher job classification, the employee's salary rate will be the step in the higher job classification which is nearest to eight percent increase in salary from her own job. Progression from step to step in the changed job classification will continue on the original schedule. Where the increase falls equally between steps the rate shall be the highest step.
Rate of Pay on Reclassification. Employees promoted or reclassified to a higher paying position, will receive the rate of pay for that position.
Rate of Pay on Reclassification a) Position Classified Upward An incumbent Employee appointed to a new classification with a higher rate of pay, shall be paid as if the Employee were promoted to the positions per Article 12.08 - Rate of Pay on Promotion. If, in accordance with Article 10.02 - Filling a Revised Classification When Encumbered, an Employee with more seniority successfully challenges a reclassified position, and the incumbent Employee is returned to a position in the former classification, such Employee shall be placed at the step in the scale being paid before the reclassification, subject to any increments the Employee would have received had the Employee remained in that position.

Related to Rate of Pay on Reclassification

  • Reclassification, etc If the Borrower at any time shall, by reclassification or otherwise, change the Common Stock into the same or a different number of securities of any class or classes, this Note, as to the unpaid principal portion thereof and accrued interest thereon, shall thereafter be deemed to evidence the right to purchase an adjusted number of such securities and kind of securities as would have been issuable as the result of such change with respect to the Common Stock immediately prior to such reclassification or other change.

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