DEMOTION FORMULA. 16.1 When an employee is involuntarily demoted and/or, their position is eliminated and they bid on and accept a demotion, the following shall apply:
DEMOTION FORMULA. When due to staff reductions, an employee who has completed three (3) or more years’ service, accepts a demotion to a lesser-paid position and his/her current salary is above the maximum for the newly assigned position; his/her salary shall be reduced to the maximum of his/her new range according to the following formula:
DEMOTION FORMULA. Amend (a) and (b) to read as follows:
DEMOTION FORMULA