Common use of Rate Retention Clause in Contracts

Rate Retention. All employees with seniority who have received a classification rate for ten (10) shifts or more will, if reduced to a lower rated classification, continue to retain and receive the higher rate for thirty (30) calendar days. If the employee reverts to a higher rated job during the aforementioned thirty (30) day period of rate retention and is subsequently moved to a lower rated job, the employee will continue to re-qualify himself/herself for a thirty (30) day retention period each time the Employee reverts to the employee’s higher rated job.

Rate Retention. All employees Employees with seniority who have received a classification rate for ten (10) shifts or more will, if reduced to a lower rated classification, continue to retain and receive the higher rate for thirty (30) calendar days. If the employee Employee reverts to a higher rated job during the aforementioned thirty (30) day period of rate retention and is subsequently moved to a lower rated job, the employee Employee will continue to re-qualify himself/herself for a thirty (30) day retention period each time the Employee reverts to the employeeEmployee’s higher rated job.