Changes in Pay Range Sample Clauses

Changes in Pay Range. When a higher pay range is assigned to a position, the employee shall move to the same step in the new range as held in the previous range.
Changes in Pay Range. If a new and higher pay range is assigned to a position within a class, the employee shall move to that step in the pay range for the new class corresponding to the step in the previous pay range at which the employee was being paid. If a new and lower pay range is assigned to a position within a class, the employee shall remain at their present salary until the anniversary date of their appointment, at which time their salary shall be adjusted to the next higher rate in the new range, unless their present salary is above the maximum of the new range, in which case their salary shall remain unchanged until the new range exceeds their current range. Temporary employees will be assigned a home pay range, including any increments they receive, based on their initial position with the employer. This pay range will continue to be their home pay range until such time as they are appointed to a permanent position and complete, if required, a probationary period or they complete a probation period in another temporary/term position. When a temporary employee changes positions which results in a change in pay range the following principles will apply:
Changes in Pay Range. 5.5.1 When a job is assigned to a higher pay class the employee shall move to the same step in the new pay class as held in the previous class.
Changes in Pay Range. 18.6.1 When a higher pay range is assigned to a classification, the employee shall move to the same time served step in the new range.
Changes in Pay Range. 6.6.1 If a new and higher pay range is assigned to a position within a class, the employee shall move to that step in the pay range for the new class corresponding to the step in the previous pay range at which the employee was being paid. 6.6.2 If a new and lower pay range is assigned to a position within a class, the employee shall remain at his present salary until the anniversary date of his appointment, at which time his salary shall be adjusted to the next higher rate in the new range, unless his present salary is above the maximum of the new range, in which case his salary shall remain unchanged until the new range exceeds his current range.

Related to Changes in Pay Range

  • Changes in Capitalization Subject to any required action by the stockholders of Connetics, the number of shares of Common Stock covered by the Option as well as the Exercise Price shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other increase or decrease in the number of issued shares of Common Stock effected without receipt of consideration by Connetics; provided, however, that conversion of any convertible securities of Connetics shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Board, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided in this Option Agreement, no issuance by Connetics of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an Option.