Transfer to a Lower Paid Position Sample Clauses

Transfer to a Lower Paid Position. When an employee transfers to a lower paid job, she shall receive the wage rate in the salary range for the newjob which is immediately below the rate which she was receiving prior to her transfer and she shall progress within the new salary range in accordance with her length of servicein the provided that if she was receiving, prior to her transfer, the maximum rate in the she shall receive the maximum rate of the salary range in the new job. Temporary Pay Where an employee is assigned temporarily to perform the duties and assume the responsibilities of a higher paying position in the bargaining unit for a period in excess of one-half of a she shall be paid the rate immediately above her current rate in the higher classificationto which she was assigned from the commencement of the shift on which she was assigned the job. Where the Employer temporarily assigns an employee to carry out the assigned responsibilities of a classification outside the bargaining unit for a period in excess of one-half of one shift, the employee shall receive an allowance of three dollars ($3.00) for each shift from the time of the assignment. Credit for Experience An employee hired for an Office and Clerical bargain- ing unit position by the Hospital with recent and related clerical experience may claim, at the time of hiring on an application form or otherwise, consideration of such experience. Any such claim shall be accompanied by verification of previously related experience.The Hospital shall then evaluate such experience and where in the Hospital’s opinion, such experienceis relevant, the em- ployee shall be slotted in the step of wage progression consistent with such previous experience, effective from date of hire. This procedure will be explained to each new employee during the interview process. Article PROMOTION OUTSIDE THE
Sample 1
AutoNDA by SimpleDocs
Transfer to a Lower Paid Position. Where an Employee elects to be transferred to a lower paid position instead of being made redundant the Employee shall receive 4 weeks’ notice of effect of such redeployment and after the expiration of those 4 weeks shall receive the salary appropriate to the new position. If an Employee redeployed to a lower paid position is made redundant within one year of such redeployment the redundancy payment shall be calculated on the basis of the rate of pay for the previous position held.
Sample 1

Related to Transfer to a Lower Paid Position

  • Transfer to Lower Paid Duties Where an employee is transferred to lower paid duties by reason of redundancy the same period of notice must be given as the employee would have been entitled to if the employment had been terminated and the employer may at the employer’s option, make payment in lieu thereof of an amount equal to the difference between the former ordinary time rate of pay and the new ordinary time rate for the number of weeks of notice still owing.

  • Transfer to a safe job (a) Where an employee is pregnant and, in the opinion of a registered medical practitioner, illness or risks arising out of the pregnancy or hazards connected with the work assigned to the employee make it inadvisable for the employee to continue at her present work, the employee will, if the employer deems it practicable, be transferred to a safe job at the rate and on the conditions attaching to that job until the commencement of maternity leave.

  • RELIEVING IN HIGHER AND LOWER-RATED POSITIONS 23.01 In the event of an employee relieving in a higher-rated job, the employee shall receive the hourly rate of the position they are relieving for any and all hours relieving.

  • STRS PICK-UP A. The Board shall pick-up contributions to the State Teachers’ Retirement System paid on behalf of the employees in the bargaining unit utilizing the salary reduction method under the following terms and conditions:

  • The Lower Tier REMIC The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Mae in its capacity as Trustee of the Trust Fund. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • TRANSFER TO A THIRD PARTY You may transfer the software directly to a third party only with the licensed computer. The transfer must include the software and the Certificate of Authenticity label. You may not keep any copies of the software or any earlier version. Before any permitted transfer, the other party must agree that this agreement applies to the transfer and use of the software.

  • Proposed Annual Caps The proposed annual caps for the transactions contemplated under the Packaging Material Supply Master Agreement for the three years ending 31 December 2020 and the five months ending 31 May 2021 are set out below: Year ending 31 December 2018 Year ending 31 December 2019 Year ending 31 December 2020 Five months ending 31 May 2021 Transactions RMB (million) RMB (million) RMB (million) RMB (million)

  • Permit Transfer/Sale 5 16. Release and Waiver of All Claims against Sector Manager; Indemnification and Hold Harmless.

  • Estimated Number of Participating Households Approximately 6,460. This figure is based on loans with unpaid principal balances ranging from $200,000 to $400,000 with an average funding of $5,000.00.

Time is Money Join Law Insider Premium to draft better contracts faster.