Downward Transfer Sample Clauses

Downward Transfer. When an employee is transferred to a new job in a lower pay level, which is not for disciplinary reasons, the employee's pay rate shall remain unchanged. However, when an employee initiates a downward transfer, the pay rate shall be set at the appropriate starting rate and a new pay progression date shall be established in accordance with the effective date of incumbency in the position.
AutoNDA by SimpleDocs
Downward Transfer is the voluntary movement of an employee from one position level to another position level for which the minimum rate of pay is lower.
Downward Transfer. The salary of an employee who voluntarily transfers to a position at a lower level remains unchanged, at the time of the downward transfer, if the salary of the employee is within the salary scale for the new position. If the salary exceeds the maximum of the salary scale for the level of the new position, the salary will be reduced to the maximum of this salary scale. On the following salary increase (June 1st), their salary shall be paid at the step which is closest to, but not less than the employee’s rate of pay.
Downward Transfer. Downward transfers may be imposed by the Employer in disciplinary and/or hardship cases. In all such cases, the rate of pay shall be established by the County Director of Human Resources after reviewing the reasons for downward transfer, but in no case shall the rate of pay fall below the Minimum, nor above the Maximum of the grade of the newly assigned position.
Downward Transfer. (a) A downward transfer shall be defined as a transfer to a position, such that the salary scale minimum of the class for the new position is lower than the salary scale minimum of the class of the Employee’s previous position.

Related to Downward Transfer

  • Onward transfers The data importer shall only disclose the personal data to a third party on documented instructions from the data exporter. In addition, the data may only be disclosed to a third party located outside the European Union (in the same country as the data importer or in another third country, hereinafter ‘onward transfer’) if the third party is or agrees to be bound by these Clauses, under the appropriate Module, or if:

  • Grant Amount The maximum amount payable by the State under this Agreement shall not exceed $2,000,000

  • Market Adjustment The parties to this Agreement recognize the appropriateness of market pay adjustments in rare instances for compelling reasons. To effectuate judgments in such cases, the President and AAUP Chapter President, in consultation, shall each name three (3) individuals to a university Market Evaluation Committee. Deans may submit recommendations for market pay adjustments with supporting written reasons to the committee. Said Committee shall consult with the President concerning proposed market pay adjustments reporting its advice not later than May 15 in each year. Upon the favorable recommendation of the President and the Chancellor, market pay adjustments may be approved effective at the beginning of that pay period including September 1 of the following year. Not more than one (1) market pay adjustment per one hundred (100) full-time members, or fraction thereof, may be recommended in any contract year. A member’s salary may not be increased beyond the maximum for the rank. Funding for this program shall be governed by Article 12.10.2.

  • Non pre-priced Adjustment Factor To be applied to Work deemed not to be included in the CTC but within the general scope of the work:

  • Market Adjustments 22. Neither this Article nor any other in this Collective Agreement prevents the Employer from using other funds to increase a Member’s salary in response to offers received from other employers or to accommodate other market forces.

  • Resettlement Carrying out resettlement and rehabilitation of Displaced Persons in connection with the implementation of Parts 1, 2 and 3 of the Project. SCHEDULE 2

  • Fractional Shares No fractional shares or scrip representing fractional shares shall be issued upon the conversion of this Note. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Company shall at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Conversion Price or round up to the next whole share.

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 14 days after the Effective Date.

  • Adjustment of Number of Common Shares and Exercise Price The subscription rights in effect under the Warrants for Common Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:

  • Adjustments to Exercise Price; Number of Rights The Exercise Price, the number and kind of securities subject to purchase upon exercise of each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 2.3.

Time is Money Join Law Insider Premium to draft better contracts faster.