Salary Reallocation. A. Reallocation is the movement of a single incumbent position or an entire class from one salary schedule or hourly rate to another salary schedule or hourly rate on the basis of either internal or external alignment. A salary reallocation is not based on additional duties or responsibilities.
Salary Reallocation. The Corporation shall provide an opportunity for enrollment in Section 125, Generation I and II, at no cost to the employee. All IRS eligible insurance costs to the employee shall be included in the Section 125 benefit under Generation I. Generation II shall include dependent or child care and/or non-tax reimbursement for medical expense.
Salary Reallocation. Movement of a job classification from one salary range or rate to another salary range or rate by virtue of labor market analysis or readjustment of internal pay alignments. Such action must be approved by the Board of Supervisors. An employee shall not be moved to a lower pay step if the salary reallocation is from one salary range to another salary range.
Salary Reallocation. PBC shall cause any Affiliate that shall, after the date hereof, pay the base salary of the Executive, or any portion thereof, to assume and agree to the obligations of PBC hereunder and to notify the Executive in writing of the assumption of such obligations. An Affiliate's obligation to pay the Severance Amount shall be in proportion to the portion of the Executive's base salary paid by such Affiliate.
