Permanent Promotions. If an employee is permanently promoted to a position in a higher pay level, their pay rate will be increased to the appropriate step in the new pay range that, if annualized, will ensure a raise of at least $2,000 per year provided the employee meets all the required qualifications of the position. The promotional date shall become the new anniversary date for the purposes of step increases under Article 23:05.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Permanent Promotions. If an employee is permanently promoted to a position in a higher pay level, their pay rate will be increased to the appropriate step in the new pay range that, if annualized, will ensure a raise of at least $2,000 per year provided the employee meets all the required qualifications of the position. The promotional date shall become the new anniversary date for the purposes of step increases under Article 23:05. For employees who are not at top step of their current salary level, to determine the appropriate salary level the employee is to be placed at, a calculation shall be made to give credit to the employee based on a prorated amount of the increase an employee would have received had they remained in the same position until their next step increase date.
Appears in 1 contract
Samples: Collective Agreement
Permanent Promotions. If an employee is permanently promoted to a position in a higher pay level, their his pay rate will be increased to the appropriate step in the new pay range that, if annualized, that will ensure a raise of at least $2,000 1,000 per year provided the employee meets all the required qualifications of the position. The promotional date shall become the new anniversary date for the purposes of step increases under Article 23:05.
Appears in 1 contract
Samples: Collective Agreement
Permanent Promotions. If an employee is permanently promoted to a position in a higher pay level, their his pay rate will be increased to the appropriate step in the new pay range that, if annualized, will ensure a raise of at least $2,000 1,500 per year provided the employee meets all the required qualifications of the position. The promotional date shall become the new anniversary date for the purposes of step increases under Article 23:05.
Appears in 1 contract
Samples: Collective Agreement