Common use of Acting Premium Clause in Contracts

Acting Premium. An employee at the ANS-TEC-1 classification level or above who is required by the Company to perform on an acting basis the duties of a higher position to which a higher rate of pay would apply, if appointed for a period of at least three (3) consecutive scheduled working days, shall be paid an acting premium, from the date on which he/she commenced to act, equal to the difference between the employee's current rate of pay and the rate of pay to which he/she would be entitled if he/she were appointed to the position. The acting premium will be recalculated as the result of any pay increment or any change to the range of rates in the employee's substantive position or any change to the range of rates in the higher position. While performing these duties, the employee remains in his/her substantive position for all purposes. An employee at the ANS-TEC-0 classification level may be permitted to act in an ANS-TEC-2 position subject to the following conditions:

Acting Premium. An employee at the ANS-TEC-1 classification level or above who is required by the Company to perform on an acting basis the duties of a higher position to which a higher rate of pay would apply, if appointed for a period of at least three (3) consecutive scheduled working days, shall be paid an acting premium, from the date on which he/she they commenced to act, equal to the difference between the employee's current rate of pay and the rate of pay to which he/she they would be entitled if he/she they were appointed to the position. The acting premium will be recalculated as the result of any pay increment or any change to the range of rates in the employee's substantive position or any change to the range of rates in the higher position. While performing these duties, the employee remains in his/her their substantive position for all purposes. An employee at the ANS-TEC-0 classification level may be permitted to act in an ANS-TEC-2 position subject to the following conditions: