Pay on Movement to a New Position Sample Clauses

Pay on Movement to a New Position a) Assuming a Higher Paid Position When an employee assumes a position with a higher rate of pay, the employee’s rate of pay shall be adjusted to the minimum of the new range except that the rate will not be less than eight percent (8%) above current salary and not more than the maximum of the new range. If the addition of eight percent (8%) produces a rate between two (2) steps in the range of the higher paid position, the salary shall be adjusted to the higher of these two (2) rates. When an employee assumes a position with a higher rate of pay the new increment date shall be the date upon which the employee assumes the new position. Whenever an employee’s increment date or an adjustment in salary occur on the same date as a promotion or reclassification, the employee shall receive the increment or adjustment before the promotional formula is applied.
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Pay on Movement to a New Position. Assuming a Higher Paid Position
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Pay on Movement to a New Position a) Assuming a Higher Paid Position When an employee assumes a position with a higher rate of pay, the employee’s rate of pay shall be adjusted to the minimum of the new range except that the rate will not be less than 5% above current salary and not more than the maximum of the new range. The adjusted salary will result in the rate will not be less than 5% above current salary and not more than the maximum of the new range. If the addition of 5% produces a rate between two steps in the range of the higher paid position, the salary shall be adjusted to the higher of these two rates. When an employee assumes a position with a higher rate of pay on other than the first working day of the month, the increment date shall be adjusted to the first of the month where the employee commenced work in the new position between the 1st and the 15th of the month and to the first day of the following month where the employee commenced work in the new position between the 16th and the last day of the month. Whenever an employee’s increment date or an adjustment in salary occur on the same date as a promotion or reclassification, the employee shall receive the increment or adjustment before the promotional formula is applied.
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Pay on Movement to a New Position. 23.4.1 When an employee assumes a position on a higher band, their pay rate shall be adjusted to the closest step above their previous wage rate.
Sample 1
Pay on Movement to a New Position. (a) Assuming a Higher Paid Position When an Employee assumes a position with a higher rate of pay, the Employee’s rate of pay shall be adjusted to the minimum of the new range except that the rate will not be less than eight percent (8%) above current salary and not more than the maximum of the new range. If the addition of eight percent (8%) produces a rate between two (2) steps in the range of the higher paid position, the salary shall be adjusted to the higher of these two (2) rates. When an Employee assumes a position with a higher rate of pay on other than the first (1st) working day of the month, the increment date shall be adjusted to the first (1st) of the month where the Employee commenced work in the new position between the first (1st) and fifteenth (15th) of the month, and to the first (1st) day of the following month where the Employee commenced work in the new position between the sixteenth (16th) and the last day of the month. Whenever an Employee’s increment date or an adjustment in salary occurs on the same date as a promotion or reclassification, the Employee shall receive the increment or adjustment before the promotional formula is applied.
Sample 1
Pay on Movement to a New Position. (a) Assuming a Higher Paid Position When an Employee assumes a position with a higher rate of pay, the Employee’s rate of pay shall be adjusted to the minimum of the new range except that the rate will not be less than 8% above current salary and not more than the maximum of the new range. If the addition of 8% produces a rate between two steps in the range of the higher paid position, the salary shall be adjusted to the higher of these two rates. When an Employee assumes a position with a higher rate of pay on other than the first working day of the month, the increment date shall be adjusted to the first of the month where the Employee commenced work in the new position between the 1st and 15th of the month, and to the first day of the following month where the Employee commenced work in the new position between the 16th and the last day of the month. Whenever an Employee’s increment date or an adjustment in salary occurs on the same date as a promotion or reclassification, the Employee shall receive the increment or adjustment before the promotional formula is applied.
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Related to Pay on Movement to a New Position

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  • Kilometrage Allowance An Employee who is authorized to use a privately owned automobile on the Employer’s business shall be paid a kilometrage allowance of $0.4415 cents per kilometre. The Employer will adopt the civil service kilometrage rate effective the date of a tentative agreement being reached between the parties, provided that such agreement is subsequently ratified. Thereafter adjustments will be made in accordance with, and on the same effective dates as adjustments to the civil service rate.

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

  • Automatic Recurring Payments You may use the xxxx payment function to arrange for the automatic payment of bills that have a fixed frequency and amount. Once your automatic xxxx payment arrangements are established, we will make the payments without further requests by you. If the payment due date for an automatic payment falls on a weekend or holiday, the payment may be made the following business day.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Pay for Unused Sick Leave Unused sick leave not to exceed 70 days will be paid at the rate of $50 per day when the teacher retires or leaves U.S.D. 506 employment, provided the teacher has a minimum of 10 years of service in U.S.D. 506. Article VI: Activity Ticket Each teacher of U.S.D. 506 shall be issued an activity ticket, which shall be honored at all regular school functions held within the district. Said ticket shall not be honored at basketball tournaments and special events. Said ticket shall be honored for employee, spouse, and children who have not yet graduated from high school. The Board of Education will have an expectation that those teachers in attendance at school functions will assume a reasonable amount of general supervision as needed.

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