Salary on Demotion. An employee who is transferred to a position at a lower classification as a result of a reduction in the work force shall be paid the appropriate salary for her new classification level. If it results in a salary reduction, the reduction in salary shall be fifty percent (50%) of the difference between the employee's present rate of pay and the maximum rate of pay for the lower classification. The resulting salary shall be red-circled and frozen for a period up to one (1) year. Thereafter, the employee shall be paid the appropriate rate of pay for the classification to which the employee is assigned. If within a period of eighteen (18) months from the date of transfer, the employee is returned to a position at her former classification level, she shall receive the rate on the appropriate salary schedule effective the date of assignment, as if she had not been displaced initially from the classification level.
Appears in 7 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
