Mark time basis definition
Mark time basis means the protectable earnings are payable during the appropriate period, with no increase to that rate during that time unless the rates these are paid in the new post catch up with the “mark time” pay. If they do, and are more than the “mark time” pay, you will move over to the new pay rates applicable for the new job earlier than the end of the protection period. In any event, at the end of the appropriate period short term protection will cease and all overtime, shift work or other additional duties will be calculated and paid at the rate applicable to the new post.