Pay Range Changes definition

Pay Range Changes. Whenever a higher pay range is assigned to a classification, a Per Diem Employee holding such classification shall have his pay increased by the percentage increase in the classification's pay range, provided that no pay shall be lower than the minimum of the new pay range established for the classification.
Pay Range Changes. Whenever a higher pay range is assigned to a classification, an employee holding a position in such classification shall have his hourly rate of pay increased by the percentage increase in the classification's pay. The employee's probation hours needed and/or merit increase hours needed shall not change in such an adjustment. Whenever a lower pay range is assigned to a classification, an employee holding a position in that class shall receive the same hourly rate of pay he was receiving on the day preceding the effective date of the new range, if such salary placement is within the newly established range. In all other instances, whenever a lower pay range is assigned to a classification, an employee holding a position in the class whose rate immediately preceding the effective date of the new range was in excess of the maximum of the new range, then such employee shall receive the maximum of the new range. The anniversary date of an employee affected by the establishment of lower pay ranges for his classification shall not be affected by such an adjustment. Sec. 507 HOURLY RATE OF PAY ON "Y" RATING: When an employee is "Y" rated, the hourly rate of pay he received immediately prior to the date of downward reclassification is to be frozen and may not be increased until the maximum of the pay range assigned his new classification exceeds the hourly rate of pay he was earning immediately prior to establishment of the "Y" rate. The employee shall then be placed at the point in the range most closely representing an approximately five percent (5%) increase in his hourly rate of pay and shall retain his probation hours needed and/or merit increase hours needed that were in effect immediately prior to the establishment of the "Y" rate. Sec. 508 HOURLY RATE OF PAY ON TRANSFER: Whenever an employee is voluntarily or involuntarily transferred or assigned to a position in a different classification having the same pay range as his former position, he shall retain his hourly rate and his probation hours needed and/or merit increase hours needed.

Examples of Pay Range Changes in a sentence

  • Classifications and Pay Range Changes The Employer, through the Office of Collective Bargaining, may create classifications, change the pay range of classifications, authorize advance step hiring if needed for recruitment or other legitimate reasons, and issue or modify specifications for each classification as needed.

  • Article 36.05 Classification and Pay Range Changes Classification Changes Proposed by the State The State, through the Office of Collective Bargaining, may create, change the pay range of a classification, authorize advance step hiring if necessary for recruitment or other legitimate reasons, and issue or modify classification specifications as they believe necessary.

  • Article 36.05 Classification and Pay Range Changes Classification Changes Proposed by the State The State, through the Office of Collective Bargaining (OCB), may create, change the pay range of a classification, authorize advance step hiring if necessary for recruitment or other legitimate reasons, and issue or modify classification specifications as they believe necessary.

Related to Pay Range Changes

  • Service Change has the meaning set forth in Section 2(B) of the Agreement.

  • Multiple Exchange Index means an Index identified or specified as such in the definition of Indices.

  • Expansion Factor has the meaning ascribed thereto in Section 2.3(a);

  • Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common stock or common equity interests of the IPO Entity on the date of the declaration of the relevant dividend multiplied by (ii) the arithmetic mean of the closing prices per share of such common stock or common equity interests for the 30 consecutive trading days immediately preceding the date of declaration of such dividend.

  • Rule change means the changing of fund rules by varying or deleting existing rules and adding new rules.