PAY DECREASE ON DEMOTION. When an employee moves to a lower-rated position because of bidding or a reduction in force, he/she will receive a maximum seven percent (7%) decrease for a one (1) grade downward movement plus a maximum four percent (4%) decrease for each additional one (1) grade downward movement. These decreases will not be compounded and are not to exceed the Scale Maximum or fall below the Hiring Minimum.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
PAY DECREASE ON DEMOTION. When an employee moves to a lower-rated position because of bidding or a reduction in force, he/she will receive a maximum seven percent (7%) decrease for a one (1) grade downward movement plus a maximum four percent (4%) decrease for each additional one (1) grade downward movement. These decreases will not be compounded and are not to exceed the Scale Maximum or fall below the Hiring Minimum.
Appears in 1 contract
Samples: Collective Bargaining Agreement
