Mark time definition
Mark time means that staff on pay protection will not receive any pay rises or incremental progression during their pay protection period, until or unless the maximum pay point of the pay band of the NPS post they are mapped/matched to catches up with their protected salary
Mark time basis” means that the equivalent of the basic wage or salary paid in the post which is being relinquished will continue to paid in the new post, but will not attract any general pay awards/increases which become payable during the protection period.
Mark time. - means that the employee’s protected basic wage/salary will, following exhaustion of the pay protection period be frozen until such time as the new, lower salary catches up through annually awarded pay rises or other increases.
More Definitions of Mark time
Mark time basis. “Mark time” means that during the period of protection, an employee’s basic pay is frozen and that any CRP payments and annual pay awards applicable to their previous job are not paid to the employee.