Common use of JOB COMPETITION Clause in Contracts

JOB COMPETITION. (a) When an employee applies for and is the successful candidate for a position at a lower pay grade, her/his salary will be reduced by 5% per grade reduction but in any case, shall not exceed the maximum salary of the new pay grade. An employee who has received notice of redeployment and who is the successful candidate for a position shall retain her/his current salary for the duration of her/his notice period, notwithstanding that she/he may commence the new position prior to the end of her/his notice period.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

JOB COMPETITION. (a) When an employee applies for and is the successful candidate for a position at a lower pay grade, her/his their salary will be reduced by 5% per grade reduction but in any case, shall not exceed the maximum salary of the new pay grade. An employee who has received notice of redeployment and who is the successful candidate for a position shall retain her/his their current salary for the duration of her/his their notice period, notwithstanding that she/he they may commence the new position prior to the end of her/his their notice period.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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