When an employee. is promoted to a higher level her/his salary will be increased to the greater of: (i) step one of the higher classification; (ii) an amount equal to her/his existing salary plus 5%; or (iii) where a 5% salary increase results in a salary between range steps, the next higher step in the salary range.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
When an employee. is promoted to a higher level her/his salary will be increased to the greater of:
(i) step one of the higher classification;
(ii) an amount equal to her/his existing salary plus 5%, provided such increase does not exceed the maximum of the salary range of the higher classification; or
(iii) where a 5% salary increase results in a salary between range steps, the next higher step in the salary range.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement