Lateral Move definition

Lateral Move means change from one position in the bargaining unit to another position in the unit which carries the same hourly pay rate.
Lateral Move. A change of assignment in the same position. Location: A staff member’s assigned building where the staff member’s office and mailbox are located.
Lateral Move is where an employee moves to another job paying the same rate within a line of progression.

Examples of Lateral Move in a sentence

  • A Lateral Move occurs where an ASF Member is assigned to a different position at the same university in the same range as the result of an external search process.

  • A Lateral Move also occurs where an ASF Member is permanently assigned to a different position at the same university in the same range without a search process.


More Definitions of Lateral Move

Lateral Move. A move to a classification at an equal rate of pay. Demotion: A move to a classification at a lower rate of pay.
Lateral Move as used herein shall mean a change of job within the same classification.

Related to Lateral Move

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Collateral costs as used in this clause, means agency cost of operation, maintenance, logistic support, or Government-furnished property.