Pay Adjustments. 10.1 Where the rate of pay of a job or position is adjusted upward, the employee shall be placed on the lowest step of the new pay range which will give him/her an increase as follows:
Pay Adjustments. (1) Where the rate of pay of a position or job is adjusted upwards, the employee shall be placed on the lowest step of the new pay range which will give him/her a monthly increase and the increment anniversary shall be that date.
Pay Adjustments. When a class of positions is reallocated upward an Employee shall be placed at the first step in the newly established salary range for the class which provides an increase in salary when compared to that which was received in the former salary range for the class. If all steps in the newly established salary range for the class exceed the Employee’s previous compensation, then the Employee shall start at the minimum rate for the newly established salary range. When a position is reallocated downward, an Employee in the class shall be permitted to continue at his/her present rate of pay during the period of incumbency. However, if his/her present rate does not equal or exceed the maximum for the new class, he/she shall be entitled to salary increases until he/she reaches the established maximum for the new class.
Pay Adjustments. 8.1 Where the rate of pay of a job is adjusted upward, the employee will be placed in the appropriate pay grid.
Pay Adjustments. (7) Except in the case of employees being paid in that part of a scale of rates identified by $10 intermediate steps, an employee shall, on the relevant effective date of adjustment to rates of pay, be paid in the “A”, “B”, “C” or “D”, scales of rates at the rate shown immediately below his former rate. **
Pay Adjustments. 5 1. If an employee’s rate of pay is below the minimum for a new salary range, 6 his or her pay will be raised to the minimum rate.
Pay Adjustments. 10 c. In the event the employee’s rate of pay exceeds the 11 new recommended maximum pay rate as a result of market adjustment, he or she shall be 12 paid in accordance with Article 15.V.3.
Pay Adjustments. When a class of positions is reallocated upward, an employee shall be placed in the same relative position in the newly established salary range for the class as was held in the former salary range for the class. When a position is reallocated downward, an employee in the class shall be permitted to continue at his/her present rate of pay during the period of incumbency (except in the event of general service-wide reductions). However, if his/her present rate does not equal or exceed the maximum for the new class, he/she shall be entitled to salary increases until he/she reaches the established maximum for the new class.
Pay Adjustments. 25 c. In the event the employee’s rate of pay exceeds the new 26 recommended maximum pay rate as a result of market adjustment, he or she shall be paid in 27 accordance with Article 15.V.3.
Pay Adjustments. In addition to the lump sum payment, the employer implements, in accordance with the company’s pay policy, a salary adjustment having a cost impact of 3.5% no later than from 1 April 2023 or from the beginning of the next pay period starting thereafter. The cost impact (3.5%) is calculated from the March payroll for sen- ior salaried employees, including fringe benefits. When allocating salary increases, the employer must ensure that each senior sal- aried employee’s salary, including fringe benefits, is increased by at least 3.0%. The purpose of salary adjustments is to support motivating salary formulation, equitable salary structures and salary grading, help improve productivity at workplaces, support the implementation of the employer’s pay policy and correct any distortions that may exist. The professional skills and work performance of senior sala- ried employees shall be the guiding factors affecting the distribu- tion of personal salary increases. The shop xxxxxxx shall have the right to be provided, within a rea- sonable time from the salary increases, with a report on the allo- cation of the salary settlement implemented by the employer. The report must include the number of senior salaried employees, the number of persons who received an increase, the average increase and the total amount of salary increases for senior salaried em- ployees (payroll for the senior salaried employees before and after the increase). Option B The employer will implement the salary settlement in accordance with the company’s pay policy no later than from 1 April 2023 or from the beginning of the next pay period starting thereafter. The purpose of salary adjustments is to support motivating salary formulation, equitable salary structures and salary grading, help improve productivity at workplaces, support the implementation of the employer’s pay policy and correct any distortions that may exist. Senior salaried employees will be provided with information on the employee’s personal salary adjustment amount and the grounds for it within two months of the implementation of the salary ad- justment, but no later than on 31 August 2023. Such information will be provided to each senior salaried employee regardless of whether the senior salaried employee has received an increase. The shop xxxxxxx shall have the right to be provided, within a rea- sonable time from the salary adjustments, with a report on the allocation of the salary settlement implemented by the employer. The...