Valuation of Classes. The LRD will assign a value to each new class of positions in a sound and equitable manner employing valuation criteria that exist within: a) directly related internal classes of positions; b) directly related external classes of positions within the pay plans maintained by the LRD. In the event that anomalies or inconsistencies are apparent on the face of the criteria set out above, then the agreed to GVRD Regional Standard Benchmarks and amendments thereto as attached shall constitute the terminative criteria for valuation purposes and such criteria shall form part of the Letter of Understanding.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
