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5.8 Salary Step After Promotion or Demotion <br /> <br /> When an employee is promoted from a position in one <br /> class to a position in a higher class, he/she shall <br /> receive the minimum rate for the higher class; provided, <br /> however, that such step is at least five percent (5%) <br /> above his/her current wage rate. When an employee is <br /> demoted, whether such demotion is voluntary or <br /> otherwise, that employee's compensation shall be <br /> adjusted to the salary prescribed for the class to which <br /> he/she is de~oted. The specific rate of pay within the <br /> range shall be determined by the City Manager, whose <br /> decision shall be final; provided, however, that the <br /> employee's rate of pay shall not be set at a lower rate <br /> than he/she would have received had he/she remained in <br /> the lower class. <br /> <br />Section 6. Overtime <br /> <br /> Employees who are required to work in excess of their <br /> regular work day shall be entitled to overtime <br /> compensation for all hours so worked; provided, however, <br /> that the overtime rate shall be computed at one and one <br /> half (1-1/2) times the employee's regular rate of pay as <br /> calculated to the nearest one-tenth (1/10) of an hour. <br /> <br /> If an employee who has completed his/her regular work <br /> day is called back to work (from home), he/she shall <br /> upon reporting within a reasonable time after <br /> notification, be compensated for all work performed <br /> outside of his/her regular duty shift at the overtime <br /> rate, commencing with the time of notification, but in <br /> no event shall he/she receive less than two (2) hours of <br /> overtime compensation for each such call back. <br /> <br /> Employees may be compensated for overtime worked either <br /> by monetary payment or by compensatory time off at the <br /> option of the employee. Compensatory time shall accrue <br /> at the rate of one and one half times the overtime hours <br /> worked. Compensatory time off which accrues in excess <br /> of eighty (80) hours must be liquidated by monetary <br /> payment. All monetary payments must be paid not later <br /> than the next bi-weekly payroll following the pay period <br /> in which the overtime was worked. Compensatory time <br /> must be taken in minimum of one (1) hour increments, <br /> except that after the first hour compensatory time may <br /> be taken in minimum increments of one half (1/2) hour. <br /> Utilization of compensatory time off shall be by mutual <br /> agreement between the police chief and the employee. <br /> Once per year, employees may be paid for all accrued <br /> compensatory time. Said payments shall be made on the <br /> first pay day in December. Written requests for payment <br /> must be made by the employee fifteen days in advance of <br /> the first pay day in December. <br /> <br />Memorandum of Understanding <br />Page 7 <br /> <br /> <br />