Upon Promotion. Subject to 17.06 below, when an employee is appointed to a position, the maximum rate of pay of which exceeds that of the maximum rate of his/her former position the employee shall receive either:
Upon Promotion. 8.2.9.3 Whenever a position is reclassified to a class which is allocated to a lower salary range, the salary of the incumbent shall be as provided by Article 8.2.6.3
Upon Promotion. Employees may be advanced from the classification of Dispatcher Assistant to the classification of Dispatcher I, and from the classification of Dispatcher I to the classification of Dispatcher II after demonstrating proven competency in established areas as defined in the Performance Evaluation Manual. Employees will advance through the base wage steps of the applicable base wage range based on length of service as historically calculated. However, the Agency accelerate the employee’s movement through one or more base wage steps based on demonstrated skills and abilities as defined in the Performance Evaluation Manual. The Agency agrees to complete all forms and paperwork necessary and in a timely manner to fully implement advancements through the base wage step system which is based on the agreed upon bench mark core competency skills.
Upon Promotion. An employee, upon promotion, shall be placed on the grid of the new position with an increase of at least four (4) percent unless it would result in a rate above Step III of the new position.
Upon Promotion. If, in the sole discretion of the Company, the Executive is promoted to Chairman and/or Chief Executive Officer, as compensation for the Executive's services in such position under this Agreement, the Executive shall receive, and the Company shall pay, a weekly base salary set forth on Exhibit B. Such base salary may be increased, but not decreased, during the Term, in the Company's discretion, based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled, during the portion of the Term in which the Executive is employed as Chairman and/or Chief Executive Officer, to a performance bonus as set forth on Exhibit B and to participate in and receive payments from all other bonus and other incentive compensation plans as may be adopted by the Company on the same basis as other executive officers of the Company.
