Promotion--Effect upon Rate of Compensation. An employee promoted to a higher classification shall advance to the nearest step in the new salary range providing such advance is at least five (5) percent higher than his/her previous salary. However, no employee can advance higher than the maximum step in the new salary range.
Appears in 3 contracts
Samples: Contractual Agreement, Contractual Agreement, Contractual Agreement
Promotion--Effect upon Rate of Compensation. An employee promoted to a higher classification shall advance to the nearest step in the new salary range providing such advance is at least five (5) percent higher than his/her previous salary. However, no employee can advance higher than the maximum step in the new salary range. No employee shall suffer a reduction in pay due to promotion.
Appears in 3 contracts
Samples: Contractual Agreement, Contractual Agreement, Contractual Agreement