Rate Protection. In the case of ‘red-circled’ employees, such employees shall receive eighty percent (80%) of the wage increase applicable to the standard for the job in which they are the incumbents until such time as the red circle differential disappears. ‘Red-circled’ employees who are fifty-five (55) years of age or over on the date that any increase becomes effective shall receive the full amount of the standard increase.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Rate Protection. 19.01 In the case of ‘red-“red circled’ ” employees, such employees shall receive eighty percent per cent (80%) of the wage increase applicable to the standard for the job in which they are the incumbents until such time as the red circle differential disappears. ‘Red-“Red circled’ ” employees who are fifty-five (55) years of age or over on the date that any increase becomes effective shall receive the full amount of the standard increase.five
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
