Common use of Y-Rate Clause in Contracts

Y-Rate. The freezing of an employee’s pay level when, as the result of a transfer or reclassification, an employee would otherwise be placed in a lower classification with a lower pay scale, which freeze shall continue until, through step increase, promotion, or cost-of- living increase, the pay scale for the classification in which the employee is

Y-Rate. The freezing of an employee’s pay level when, as the result of a transfer or reclassification, an employee would otherwise be placed in a lower classification with a lower pay scale, which freeze shall continue until, through step increase, promotion, or cost-of- of-living increase, the pay scale for the classification in which the employee isis working exceeds the level at which the pay was frozen.