Salary Reduction. Salary Reduction is the reduction of an employee’s base compensation to a lower salary step within the employee’s current salary range for a specified period of time.
Appears in 10 contracts
Samples: Memorandum Agreement, Memorandum Agreement, Memorandum Agreement
Salary Reduction. Salary Reduction A salary reduction is the reduction lowering of an employee’s base compensation rate of pay within the pay range to a lower salary step within which the employee’s current salary range for a specified period of timeposition is assigned.
Appears in 1 contract
Samples: Agreement
