Common use of Salary on Demotion Clause in Contracts

Salary on Demotion. When an employee is demoted to a lower classification, the employee will be placed on the lower salary range at the employee’s current salary step. In the event that an employee voluntarily accepts a demotion, except in lieu of layoff, the employee’s salary schedule placement shall be y-rated until such time as the annual y-rated salary of the employee is equal to or lower than the employee’s placement at the appropriate range and step assigned to the employee’s actual classification.

Salary on Demotion. When an employee is demoted to a lower classification, the employee will be placed on the lower salary range at the employee’s current salary step. In the event that an sa employee voluntarily accepts a demotion, except in lieu of layoff, the employee’s salary schedule placement shall be y-rated until such time as the annual y-rated salary of the employee is equal to or lower than the employee’s placement at the appropriate range and step assigned to the employee’s actual classification.

Salary on Demotion. When an employee is demoted to a lower classification, the employee will be placed on the lower salary range at the employee’s current salary step. In the event that an employee voluntarily accepts a demotion, except in lieu of layoff, the employee’s salary schedule placement shall be y-rated y‐rated until such time as the annual y-rated y‐rated salary of the employee is equal to or lower than the employee’s placement at the appropriate range and step assigned to the employee’s actual classification.