Common use of Rate Retention Clause in Contracts

Rate Retention. If an employee is transferred from his permanent function to a lower rated function for more than one complete shift due to a reduction in work or the work force, he shall continue to receive his regular rate until he returns to a function which pays his regular rate or a higher rate. Under no circumstances will rate retention be paid to an employee for more than twelve (12) working days. SCHEDULE B

Appears in 2 contracts

Samples: Labour Agreement, Labour Agreement

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Rate Retention. If an employee is transferred from his or her permanent function to a lower rated function for more than one complete shift due to a reduction in work or the work force, he shall continue to receive his regular rate until he returns to a function which pays his regular rate or a higher rate. Under no circumstances will rate retention be paid to an employee for more than twelve (12) working days. SCHEDULE BB VACATIONS AND STATUTORY HOLIDAYS

Appears in 1 contract

Samples: Labour Agreement

Rate Retention. If an employee is transferred from his his/her permanent function to a lower rated function for more than one complete shift due to a reduction in work or the work forceworkforce, he he/she shall continue to receive his his/her regular rate until he he/she returns to a function which pays his his/her regular rate or a higher rate. Under no circumstances will rate retention be paid to an employee for more than twelve ten (1210) working days. SCHEDULE B.

Appears in 1 contract

Samples: Memorandum of Agreement

Rate Retention. If an employee is transferred from his his/her permanent function to a lower rated function for more than one complete shift due to a reduction in work or the work force, he he/she shall continue to receive his his/her regular rate until he he/she returns to a function which pays his his/her regular rate or a higher rate. Under no circumstances will rate retention be paid to an employee for more than twelve five (125) working days. SCHEDULE B.

Appears in 1 contract

Samples: Labour Agreement

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Rate Retention. If an employee is transferred from his or her permanent function to a lower rated function for more than one complete shift due to a reduction in work or the work force, he shall continue to receive his regular rate until he returns to a function which pays his regular rate or a higher rate. Under no circumstances will rate retention be paid to an employee for more than twelve (12) working days. SCHEDULE B

Appears in 1 contract

Samples: Labour Agreement

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