Common use of Rate Retention Clause in Contracts

Rate Retention. If an employee is transferred to a higher classification job for a period in excess of twenty working days, upon return to his regular job he will retain the rate for the higher classified job for thirty calendar days. An employee bumped down from their regular job to a lower job class shall retain the rate of their regular job for a period of seven calendar days. Temporary Rates for New Hires All employees hired at Job Class or below shall be paid for the first year of their employment at a rate of twenty percent less than the job rate applicable to the job being performed. For the second year of their employment such employees shall be paid at a rate of ten percent less than the job rate applicable to the job being performed. During the term of this Agreement, it is agreed to by the parties that employees who double back from days or work through Afternoon Shift will be paid a minimum of eight hours at time and one half their regular rate of pay. The above will only apply to the Friday Midnight shift, and only to those employees who work the full shift.

Appears in 1 contract

Samples: Collective Agreement

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Rate Retention. If an employee is transferred to a higher classification job for a period in excess of twenty working (20)working days, upon return to his regular job he will retain the rate for the higher classified job for thirty calendar (30)calendar days. An employee bumped down from their regular job to a lower job class shall retain the rate of their regular job for a period of seven calendar twenty (20) working days. Temporary Rates for New Hires All employees hired at Job Class or below shall be paid for the first year of their employment at a rate of twenty percent (20%) less than the job rate applicable to the job being performed. For the second year of their employment such employees shall be paid at a rate of ten percent less (10%)less than the job rate applicable to the job being performed. During the term of this Agreement, it is agreed to by the parties that employees who double back from days or work through Afternoon Shift will be paid a minimum of eight hours (8)hours at time and one half (1 their regular rate of pay. The above will only apply to the Friday Midnight shift, and only to those employees who work the full shift.

Appears in 1 contract

Samples: Collective Agreement

Rate Retention. If an employee is transferred to a higher classification job for a period in excess of twenty working (20)working days, upon return to his regular job he will retain the rate for the higher classified job classifiedjob for thirty calendar (30)calendar days. An employee bumped down from their regular job to a lower job class shall retain the rate of their regular job for a period of seven calendar twenty (20) working days. Temporary Rates for New Hires All employees hired at Job Class or below shall be paid for the first year of their employment at a rate of twenty percent less (20%)less than the job rate applicable to the job being performed. For the second year of their employment such employees shall be paid at a rate of ten percent less (10%)less than the job rate applicable to the job being performed. During the term of this Agreement, it is agreed to by the parties that employees who double back from days or work through Afternoon Shift will be paid a minimum of eight hours (8)hours at time and one half (1 their regular rate of pay. The above will only apply to the Friday Midnight shift, and only to those employees who work the full shift.

Appears in 1 contract

Samples: Collective Agreement

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Rate Retention. If an employee is transferred to a higher classification job for a period in excess of twenty working (20)working days, upon return to his regular job he will retain the rate for the higher classified job for thirty calendar (30)calendar days. An employee bumped down from their regular job to a lower job class shall retain the rate of their regular job for a period of seven calendar twenty (20) working days. Temporary Rates for New Hires All employees hired at Job Class or below shall be paid for the first year of their employment at a rate of twenty percent (20%) less than the job rate applicable to the job being performed. For the second year of their employment such employees shall be paid at a rate of ten percent less (10%)less than the job rate applicable to the job being performed. During the term of this Agreement, it is agreed to by the parties that employees who double back from days or work through Afternoon Shift will be paid a minimum of eight (8) hours at time and one half (1 their regular rate of pay. The above will only apply to the Friday Midnight shift, and only to those employees who work the full shift.

Appears in 1 contract

Samples: Collective Agreement

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