Administration of Pay for Performance. 45.3.1 Effective March 31, 2005, and on March 31st each following year, a fixed envelope for pay for performance will be established. The envelope will vary from year to year and will be calculated by: (a) taking twenty percent (20%) of the salaries of the percentage of employees in AMAPCEO classifications (regular and fixed term), calculated as of March 31st of that year, who were earning salaries at the maximum of their salary ranges on March 31st of that year, and multiplying by six percent (6%) [example: if 32% of employees are earning maximum salaries, take 20% of
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
