Y-RATE definition

Y-RATE means a pay rate outside of the assigned salary range of a class.

Y-RATE means an individual employee's salary rate is more than the maximum rate of the established salary range for the employee's classification.

Y-RATE. An employee occupying a position which is reallocated to a class, the maximum salary for which is less than the incumbent's present salary or occupying a position in a class the salary rate or range for which is reduced, shall continue to receive his/her present salary. Such salary shall be designated as a Y rate and when that employee vacates this position, it shall be filled in accordance with new salary range established. Y-rating shall not apply to employees who are demoted for just cause, including unacceptable level of performance, or as a result of demotion under the provisions of the Layoff policy.

Examples of Y-RATE in a sentence

• ITEMDESCRIPTIONUNITQUANTIT YRATE (KSHS)AMOUNT (KSHS)11.1.Provide and supply one 110KVA standby generator as per specification No. SCHEDULE 1 SUMMARY BROUGHT FORWARD ItemDescriptionCode11 Bidders shall enter a code representing the country of origin of all imported plant and equipment.2 Specify currency.

• If that step is other than the maximum step of the salary range, the anniversary date for subsequent in-grade adjustments shall be twelve (12) months from the date of reemployment and each year thereafter until the maximum step of the salary range is reached.8.6 RATES HIGHER THAN STEP TOP STEP (Y-RATE) Whenever the salary of an employee exceeds top step of the salary range established for a classification, such salary shall be designated as a "Y-rate".

• According to the normality formula the test can be called as normal the sig table > 0.05.

More Definitions of Y-RATE

Y-RATE means that a position is reclassified to a classification with a lower hourly range. The 24 hourly rate of the incumbent shall be “y-rated” effective July 1 of the fiscal year in which the 25 initial request was submitted. The anniversary date of the incumbent shall not change. Such “y- 26 rated” hourly rates shall remain in effect until the hourly step of the lower range to which the 27 incumbent is entitled equals or exceeds the amount of the “y-rated” hourly rate. Longevity 28 increases are not incorporated in the “y-rate”. Employees “y-rated” will retain their transfer 29 right for one (1) year from the effective date the “y-rate” is approved by the BOT.

Y-RATE means a pay outside of the assigned salary range of a class. If the position is reassigned or reclassified to a class with a lower salary range and the employee’s current base salary falls within the lower salary range, the base salary of the employee shall remain the same. If the employee is not at the top of their range, the date they are eligible for their next merit increase will not change.

Y-RATE. When a reclassification results in a lower maximum rate of pay for the incumbent, the incumbent shall be "Y-Rated" at the salary level he/she has earned up to that time. This protects the employee from an actual decrease in salary, although he/she may not receive an increase until such time as the maximum salary rate for the new class exceeds his/hers previously attained rate. The job classification shall be subject to applicable cost of living adjustments (COLAs).

Y-RATE means, for purposes of this Part 3, a special salary rate which entitles

Y-RATE means a salary rate and/or benefit rate outside of the salary rate and/or benefit rate of a classification. (§ 1, Ord. 513, as amended by § 1, Ord. 650.31, eff. February 5,

Y-RATE means a monthly salary rate, for an individual employee, which is greater than the established range for his/her class.

Y-RATE means a salary paid above the maximum salary of a range. A Y-rate may be used when an incumbent employee is reassigned or reclassified to a lower class or salary range but retains the higher salary rate of the former class. This Y-rate salary may be retained until the newly assigned class has a maximum rate equal to or higher than the Y-rate.