Awards Budget. The Employer will establish a performance awards budget on a fiscal year basis and will communicate such total budget in writing to the designated Union officials within 30 calendar days of the date that such budget is considered final by the Employer. The Union will be similarly notified of any changes to the total amount budgeted for the fiscal year. However, the parties agree and understand that the amount of the performance awards budget is not subject to negotiation. Also, neither the ability to change, nor the amount of any change to the amount budgeted is subject to negotiation. The parties do agree that the Union may submit a proposal to the Employer on behalf of bargaining unit employees on the distribution of the budgeted amount(s) within 20 calendar days of such notification and bargaining will commence in accordance with established negotiation procedures to the full extent of the law. The Union may also submit proposals on the distribution of the awards budget prior to such notification and negotiations will commence consistent with the statuteand the terms ofthis agreement.
Awards Budget. Local 12 will be notified of the amount of money in the awards budget for a PDU thirty (30) days prior to the issuance of awards in that PDU. To the extent practical, Management will fully utilize the awards budget to reward deserving employee performance.
Awards Budget. All awards are to be made in context of budget considerations. At a minimum, the Board will be provided information regarding total funds available for awards before each quarterly meeting.
