Reassignment Rate of Pay Sample Clauses

Reassignment Rate of Pay. The hourly rate of pay for a GESSA employee who is reassigned to a position in a lesser level as a result of a RIF will not be reduced for a period of twelve (12) months following the effective date of the reassignment. Thereafter, without further action by the Board, the reassigned GESSA employee’s rate of pay shall be determined on the salary structure (Exhibit A.1 and A.2) for the lesser level based on the GESSA employee’s Level placement in his/her previous level, plus one (1) Level.
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Reassignment Rate of Pay. 1. A RIF'd employee accepting a position within the same level (by a reassignment or bump) will not suffer a loss in pay. 2. A RIF'd employee accepting a different position or less hours will be frozen at their current rate of pay and the current rate of seniority accumulation (e.g., a 1.0 FTE on a 239 calendar will continue to earn 1.0 of seniority for the following year) for a period of twelve (12) months following the effective date of the reassignment. The employee will still be entitled to their annual increase per the current contract. 3. The new Hourly Wage will be calculated as follows: a. If there is no similarly situated employee in the new category, the hourly wage decrease will be ten percent (10%) loss per clerical category and twenty percent (20%) loss per specialist category. At no time will the new hourly wage be less than one (1) annual percentage increase higher than the next least senior employee in the new Category. b. If there is a similarly situated employee in the new category, the new hourly wage will be equal to that employee's hourly wage. At no time will the new hourly wage be less than one (1) annual percentage increase higher than the next least senior employee in the new Category. c. A RIF'd employee accepting a higher-level position or an increase in hours will be granted the appropriate increase in compensation, seniority and benefits as defined by the position. d. If a full-time employee, currently defined by the Board of Education, is RIF'd, offered, and accepts a position (below their current number of days or hours per day), they can remain on the recall list for a period of one calendar year from the beginning of the following school term as defined by the contract.
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Reassignment Rate of Pay. Any Employee covered by this Agreement who is temporarily assigned to another position for which the rate of pay is lower than the rate of pay for such Employee’s regular position, shall not have the original regular rate of pay reduced while so temporarily employed.
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Related to Reassignment Rate of Pay

  • Rate of Payment Community service leave for voluntary community service is granted with pay for the first three days leave in a twelve month period to all employees except casual employees.

  • Rate of Pay a. An Employee who is employed as a TTOC shall be paid 1/189 of their category classification and experience, to a maximum of the rate at Category 5 Step 8, for each full day worked.

  • Regular Rate of Pay The regular rate of pay shall be defined to include the employee's hourly wage rate (including the wage premium in lieu of benefits, if applicable), plus shift differential if the evening or night shift is a permanent assignment, certification pay, and lead pay when the employee has a regular (designated) lead assignment.

  • Rate of Pay on Promotion 44.3.1 When an employee is appointed by the Council to a higher classification level in the same group, he shall be paid at the nearest rate in the new classification level which gives the employee a salary increase not less than the minimum increment of the higher classification level to which he is being appointed by the Council. If there is no such rate the employee shall be paid the maximum rate in his new scale. 44.3.2 Where an employee who is being paid Acting Pay is promoted to the position for which the employee is receiving Acting Pay, he shall be paid in that position at the rate at which the employee was being paid Acting Pay and the employee's first pay increment in that position shall become due on the date on which it would have become due as if the employee had been promoted to that position on the date on which he was most recently authorized to receive Acting Pay in that position.

  • Date of Payment Should the principal of or interest on the Notes become due and payable on other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and in the case of principal, interest shall be payable thereon at the rate per annum specified in the Notes during such extension.