Reduction in Compensation. The compensation of any employee or officer of the City may be reduced within the salary range of that employee’s current classification. Such reduction in compensation may be put into effect upon finding that the employee’s performance is unsatisfactory for the employee’s classification and/or position.
Reduction in Compensation. Section 4 of the Agreement is hereby amended in its entirety to read as follows:
Reduction in Compensation. The Company reduces the Base Salary of Employee and/or target bonus opportunity under the Incentive Bonus Plan, other than an isolated reduction not occurring in bad faith and which is not remedied by the Company promptly after notice given by Employee or any redesign or alteration of the Incentive Bonus Plan made by the Board to reflect new corporate objectives, new measurement devices or current economic conditions;
Reduction in Compensation. If the Executive terminates his employment for Good Reason or upon a Change in Control based upon a reduction by the Company of the Executive's Base Salary, then for purposes of subsections 1.7(d) (Termination Without Cause or for Good Reason) and 1.7(e) (Termination Upon a Change in Control), the Executive's Base Salary as of the Date of Termination shall be deemed to be the Executive's Base Salary immediately prior to the reduction that the Executive claims as grounds for Good Reason.
Reduction in Compensation. The compensation of an employee may be reduced within the salary range of the employee’s current classification whenever the employee’s performance is below the standards established for the employee’s position. Such reduction in compensation can only be ordered by a division head or higher.
Reduction in Compensation. Effective as of August 1, 2003 and continuing thereafter, the compensation under the Original Agreement shall be reduced as follows:
Reduction in Compensation. 6. Demotion
Reduction in Compensation. A reduction by the Company in the Employee's salary or bonus compensation.
Reduction in Compensation. Reduction in compensation under this section shall consist only of a change within the salary range from the existing rate to a lower rate for a specified duration of one (1) or more full pay periods, but not to exceed thirteen (13) pay periods.
Reduction in Compensation. Article 46 - Salary Status of Part-Time Positions ........................................................ Article 47 - Holidays ................................................................................................... Article 48 - In House Committees ............................................................................... Article 49 - Exchange of Days Off Between Employees ............................................. Article 50 - Direct Deposit .......................................................................................... Article 51 - Supplemental Pension Savings Plans/401(k)............................................ Article 52 - Employee Counseling...............................................................................
