Common use of Achievement Awards Clause in Contracts

Achievement Awards. In addition to the foregoing, nurses who have demonstrated outstanding performance may receive achievement awards in the amount of one (1) salary step, provided the nurse is not at or above the maximum salary rate for his/her class. If the nurse is at or above the maximum of the range, such achievement award shall be paid in a lump sum equal to 4% of the nurse's current annual salary not to exceed $1,500. The receipt of an Achievement Award shall not affect the timing of future progression increases. The number of achievement awards granted shall be limited each fiscal year to a maximum of thirty-five (35%) percent of the number of nurse positions in the seniority unit authorized at the beginning of that fiscal year, except that in seniority units of three (3) or fewer nurses, the Appointing Authority may grant one achievement award in each seniority unit.

Appears in 5 contracts

Samples: www.lrl.mn.gov, www.leg.mn.gov, www.leg.mn.gov

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Achievement Awards. In addition to the foregoing, nurses who have demonstrated outstanding performance may receive an achievement awards award in the amount of one (1) salary step, provided the nurse is not at step or above the maximum salary rate for his/her class. If the nurse is at or above the maximum of the range, such achievement award shall be paid in a lump sum equal to 4% of the nurse's current annual salary payment not to exceed one thousand five hundred dollars ($1,500) at the discretion of the Appointing Authority. The receipt of an Achievement Award shall not affect the timing of future progression increases. The number of achievement awards granted shall be limited each fiscal year to a maximum of thirty-five (35%) percent of the number of nurse positions in the seniority unit authorized at the beginning of that fiscal year, except that in seniority units of three (3) or fewer nurses, the Appointing Authority may grant one achievement award in each seniority unit.

Appears in 2 contracts

Samples: Agreement, Agreement

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Achievement Awards. In addition to the foregoing, nurses who have demonstrated outstanding performance may receive an achievement awards award in the amount of one (1) salary step, provided the nurse is not at step or above the maximum salary rate for his/her class. If the nurse is at or above the maximum of the range, such achievement award shall be paid in a lump sum equal to 4% of the nurse's current annual salary payment not to exceed one thousand five hundred dollars ($1,500) at the discretion of the Appointing Authority. The receipt of an Achievement Award shall not affect the timing of future progression increases. The number of achievement awards granted shall be limited each fiscal year to a maximum of thirty-five (35%) percent of the number of nurse positions in the seniority unit authorized at the beginning of that fiscal year, except that in seniority units of three (3) or fewer nurses, the Appointing Authority may grant one achievement award in each seniority unit.

Appears in 1 contract

Samples: www.leg.mn.gov

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