Protected Salary. An employee subject to layoff who accepts a position with a lower maximum rate of pay than the maximum rate of pay for the employee's current position shall retain the current rate of pay until such time as the rate for the lower paid position equals or exceeds the current rate.
Appears in 6 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Protected Salary. An employee subject to layoff who accepts a position with a lower maximum rate of pay than the maximum rate of pay for the employee's ’s current position shall retain the current rate of pay until such time as the rate for the lower paid position equals or exceeds the current rate.
Appears in 1 contract
Samples: Collective Agreement