Promotion Procedure. The rate of pay of an employee promoted shall be established in the new pay range at the nearest step which exceeds the existing rate by at least five (5) percent, but shall not exceed the maximum of that pay range except that whenever the rate of pay prior to promotion is above the maximum of the pay range established for the position to which the employee is being promoted, the present rate shall be retained.
Appears in 6 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Promotion Procedure. The rate of pay of When an employee promoted is promoted, his/her salary shall be established at a step in the new pay range at which gives the nearest step which exceeds the existing rate by employee at least five (5) percent, but shall not exceed percent on his/her existing salary or the maximum top of that the new pay range except that whenever the rate of pay prior to promotion whichever is above the maximum of the pay range established for the position to which the employee is being promoted, the present rate shall be retainedlower.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Promotion Procedure. The rate of pay of When an employee promoted is promoted, his salary shall be established at a step in the new pay range at which gives the nearest step which exceeds the existing rate by employee at least five (5) percent, but shall not exceed percent on his existing salary or the maximum top of that the new pay range except that whenever the rate of pay prior to promotion whichever is above the maximum of the pay range established for the position to which the employee is being promoted, the present rate shall be retainedlower.
Appears in 1 contract
Samples: Collective Agreement
Promotion Procedure. The rate of pay of When an employee promoted is promoted, his/her salary shall be established at a step in the new pay range at which gives the nearest step which exceeds the existing rate by employee at least five (5) percent, but shall not exceed percent on his/her existing salary or the maximum top of that the new pay range except that whenever the rate of pay prior to promotion whichever is above the maximum of the pay range established for the position to which the employee is being promoted, the present rate shall be retainedlower.
Appears in 1 contract
Samples: Collective Agreement