Common use of PROMOTIONAL DIFFERENTIAL Clause in Contracts

PROMOTIONAL DIFFERENTIAL. Notwithstanding provisions of the LAAC, if the rate of the top step of the salary range for an employee who promotes from (1) one pay grade or classification represented in this MOU to another pay grade or classification represented in this MOU or (2) a classification not represented in this MOU to a pay grade or classification represented in this MOU, and the top step rate of the salary for the new position into which the employee is promoting is higher than the top step rate of the salary range for the former position, then the employee shall be placed on the lowest step within the salary range for the new position which provides at least a 5.5% increase over the rate received in the former position. Any regularly assigned bonus or premium compensation amounts shall be included in calculating the appropriate step rate for the new position.

Appears in 5 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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PROMOTIONAL DIFFERENTIAL. Notwithstanding provisions of the LAAC, if the rate of the top step of the salary range for an employee who promotes from (1) one pay grade or classification represented in this MOU to another pay grade or classification represented in this MOU or (2) a classification not represented in this MOU to a pay grade or classification represented in this MOU, and the top step rate of the salary for the new position into which the employee is promoting is higher than the top step rate of the salary range for the former position, then the employee shall be placed on the lowest step within the salary range for the new position which provides at least a 5.52.75% increase over the rate received in the former position. Any regularly assigned bonus or premium compensation amounts shall be included in calculating the appropriate step rate for the new position. Effective June 28, 2015, the minimum promotional differential will increase from 2.75% to 5.5%.

Appears in 1 contract

Samples: Memorandum of Understanding

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