Common use of Rate Retention Clause in Contracts

Rate Retention. When a lower classified employee is temporarily transferred to a higher paying classification for any period of time, they will be paid the higher rate when working in the higher classification. When they are moved back to their posted classification, rate retention does not apply and they are paid the lower rate immediately. The Company puts the Union on notice that any employee paid rate retention under this condition was paid thus in error and the above procedure will be applied.

Rate Retention. When a lower classified employee is temporarily transferred to a higher paying classification for any period of time, they will be paid the higher rate when working in the higher classification. When they are moved back to their posted classification, rate retention does not apply ap- ply and they are paid the lower rate immediately. The Company puts the Union on notice that any employee paid rate retention under this condition was paid thus in error and the above procedure pro- cedure will be applied.