Transfer in Lieu of Layoff or Involuntary Reduction of FTE Sample Clauses

Transfer in Lieu of Layoff or Involuntary Reduction of FTE. Within five (5) days of receipt of the notice of layoff or involuntary reduction of FTE, the employee will submit a statement of interest and qualifications, including a resume, to the hiring manager and Human Resources. If the employee fails to request the transfer in lieu of layoff or involuntary reduction in FTE within those five (5) days, the employee loses the right for that position. Within two (2) days of receipt, the manager shall respond to the employee and, if the employee if qualified, schedule a time for an interview to occur within five (5) days of the notice by the employee of interest and qualifications. The vacant position will not be filled by the Employer until after the interview is completed. An employee who meets the skills, abilities, knowledge and experience as specified in the position description shall be offered the position. If the employee receiving an involuntary reduction in FTE declines the offered position, they lose the right to additional offers of transfer in lieu of involuntary reduction in FTE for the current FTE reduction If an employee receiving a layoff declines the offered position, they shall forfeit recall rights. For employees receiving an involuntary reduction in FTE, and if at the time of notification no vacant positions are available for a transfer in lieu of involuntary reduction in FTE, then the next time a position which is of the same level or one level lower is posted, per Article 21, Section 1, the affected employee will be notified in writing by Human Resources, as a transfer in lieu of involuntary reduction in FTE. The Employer will make reasonable efforts to restore FTE to employees whose FTE has been involuntarily reduced by offering available work for which the employee is qualified. These obligations shall continue for twelve (12) months following involuntary reduction unless the employee is terminated or laid off.
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Related to Transfer in Lieu of Layoff or Involuntary Reduction of FTE

  • Voluntary Demotion or Voluntary Reduction in Hours An employee has a right to his regularly assigned time, and shall not have it involuntarily reduced. Employees who take voluntary demotions or voluntary reductions in assigned time in lieu of layoff shall be, at the employee’s option, returned to a position in their former class or to present former positions with increased assigned time as vacancies become available, for a period of five (5) years and three (3) months, except that they shall be ranked in accordance with their seniority on any valid reemployment list.

  • Demotion in Lieu of Layoff The appointing authority shall determine by class, subject to review by the Director, whether demotion shall be afforded employees as an option in lieu of layoff. At the request of the appointing authority, a permanent employee shall, in lieu of layoff, be afforded the option of demotion within the same department to a position in a lower class, provided that no such demotion shall in turn require the layoff or demotion from such lower class of any employee whose layoff rating is at least as high as that of the demoting employee. A probationary employee may be afforded the opportunity to accept a demotion within the same department to a position in a lower class provided no such demotion shall in turn require the layoff of any employee in the lower class. Such probationer shall not become permanent in the lower class by this action except by completing a new full probation period in such lower class.

  • What if I Make a Contribution for Which I Am Ineligible or Change My Mind About the Type of IRA to Which I Wish to Contribute? Prior to the due date (including extensions) for filing your tax return, you may elect to “recharacterize” amounts that you contributed to an IRA during the year by making a recharacterization of the contributed amount and earnings. Thus, for example, if you contribute amounts to a Xxxx XXX and later determine that you are ineligible to make a Xxxx XXX contribution for the year, you may at any time prior to the tax return due date for the year (including extensions) make a recharacterization of the contributions and earnings to a Traditional IRA.

  • Voluntary Reduction The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days prior written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time, in an aggregate principal amount not less than $3,000,000 or any whole multiple of $1,000,000 in excess thereof. Any reduction of the Revolving Credit Commitment shall be applied to the Revolving Credit Commitment of each Revolving Credit Lender according to its Revolving Credit Commitment Percentage. All Commitment Fees accrued until the effective date of any termination of the Revolving Credit Commitment shall be paid on the effective date of such termination.

  • Voluntary Reduction in Hours Appointing Authorities may allow employee(s) to take unpaid leaves of absence to reduce layoffs otherwise necessary. If it is necessary to limit the number of employees in a work unit on unpaid leave at the same time, the Appointing Authority shall determine whether conflicts shall be resolved among classes or within a particular class based upon staffing needs. In either event, leave shall be granted on the basis of State Seniority within the employee's work unit. Such employees taking leaves of absence under this Section shall continue to accrue vacation and sick leave and be eligible for paid holidays and insurance benefits as if the employees had been actually employed during the time of leave. If a leave of absence is for one (1) full pay period or longer, any holiday pay shall be included in the first payroll period warrant after return from the leave of absence. Upon return from leave, the employee shall return to his/her former position.

  • Involuntary Demotion An employee assigned to a lower rated position shall continue to be paid at the employee's current rate of pay until the rate of pay in the new position equals or exceeds it.

  • Involuntary Reassignment In the absence of volunteers to fill a vacancy internally, the college may administratively reassign from any overstaffed area that qualified faculty member with the lowest seniority.

  • Involuntary Withdrawal Involuntary withdrawal of a Partner shall include, but not be limited to, the following:

  • Voluntary Resignation (2) Discharge for just cause.

  • Removal from office 6. The decision of a competent tribunal declaring his or her election void;

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