Retentions. A retention is the retaining, in a job classification in which the surplus has been declared by the Company of an individual whose seniority position would have caused the employee to have been surplused while another employee or employees with greater seniority are surplused. In each instance the retained employee will be designated, at the time the retention is used, to be retained in the job classification rather than be affected by the surplus action. (a) In determining the number of allowable retentions, calendar six-month periods shall be used, the first period in each year shall be from January 1 to June 30, inclusive, and the second period shall be from July 1 to December 31 inclusive. (b) For each period the allowable number of retentions applicable shall be the number resulting from applying 4% of the total number of employees in the bargaining unit on the first regular working day of each six month period. The number of allowable retentions shall be computed to the nearest whole number and a fraction of 1/2 or more shall be treated as one.
Appears in 4 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement