Red Circle Sample Clauses

Red Circle. Whenever there is a reduction in the wage rate as a result of the re-evaluation of a job, the District agrees that an employee with seniority incumbent in such job shall not suffer any reduction in pay as long as the employee remains on the job. Such an employee shall be considered to have a "red-circle" rate and shall not receive a wage increase until the basic wage rate for the job exceeds the employee’s "red-circle" rate.

Red Circle. No employee will following ratification receive an hourly rate that would be less than his wage immediately prior to ratification due to his placement on the classification guideline.

Red Circle. Over-ride; No employee will following ratification receive an hourly rate that would be less than 1.4% higher than his wage immediately prior to ratification. The Employer shall have the right to provide a higher rate to any such employee so long as that would not expand the current gap between the Collective Agreement’s rate and the employee’s current rate.

Red Circle. When an employee’s pay rate is above the established maximum of the range for the classification. An employee whose pay is red-circled is not eligible for pay increases, including step increases and cost of living adjustments (COLA), until their pay rate falls within the established range again.

Red Circle. When the employee’s pay rate is above the established maximum of that position

Red Circle. No employee will receive a reduction in wages as a result of the implementation of the collective agreement. Employees whose wages are in excess of the wages in Appendix A will be red circled until such time as their wage rate equals the wage rate for their classification. Chief Executive Officer (CEO) Manager, Operations Manager, Human Resources Manger, Member Solutions Supervisor, Teller Services Supervisor, Member Services Supervisor, Business Solutions Manager, Marketing & Communications Controller Executive Assistant The following is a brief description of our Health and Welfare Benefit Plans. For a more detailed interpretation refer to your Employee Benefits Handbook. Where there is a conflict between the following and the benefit plan documents, the Benefit Plan documents shall take precedence.

Red Circle. (i) When an employee begins to perform a lower- rated job due to the introduction of new

Red Circle. Where, at the time of ratification of this Agreement, an employee is paid above the rates contained in this Agreement, that employee shall receive the scheduled percentage increase to his existing rate at each scheduled increase.

Red Circle. The parties agree that all members included in the bargaining unit as of date of first ratification of this CBA are to be compensated at the rates and premiums members do not have their rates or premiums reduced as a result of entering or ratifying this CBA.

Red Circle. In a continuing effort to bring all Colt Employees under a single pay system, red circle employee’s pay will be frozen for the first year of this contract. Red Circle employees that would meet the base rate of pay due to scheduled raises will assume the base rate and removed from red circle. Those employees will receive a lump sum payment at the end of each quarter for the first year of the contract equal to [*]. After the first year of the contract employees still above scale will be continued at that higher rate and receive scheduled wage increases agreed upon, providing they maintain their current skill set.