PROMOTIONAL DIFFERENTIAL. Notwithstanding the rate provided for in LAAC Section 4.91, effective upon the date of adoption of this MOU, employees who are promoted shall be moved to the salary step that provides a minimum 5.5% increase over the rate received in the former position. As provided in LAAC Section 4.91, any regularly assigned bonus or premium compensation amounts shall be included in calculating the step rate for the former position and added to the new salary, if applicable, after determining the appropriate salary step rate for the new position.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
PROMOTIONAL DIFFERENTIAL. Notwithstanding the rate provided for in LAAC Section 4.91, effective upon the date of adoption of this MOU, employees who are promoted shall be moved to the salary step (Step 2 or above) that provides a minimum 5.5% increase over the rate received in the former position. As provided in LAAC Section 4.91, any regularly assigned bonus or premium compensation amounts shall be included in calculating the step rate for the former position and added to the new salary, if applicable, after determining the appropriate salary step rate for the new position.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding