Bonus Pay Sample Clauses

Bonus Pay. The District may implement a bonus pay program for a group of employees (such as employees assigned to a particular school) to receive additional compensation above their normal wage or salary rates based on the group’s successful completion of goals specified in advance by the District. Nothing in this agreement precludes bargaining unit members from participating in that program or receiving the bonus pay.
AutoNDA by SimpleDocs
Bonus Pay. A university may establish a bonus pay schedule to pay Division I Head Coaches for winning a championship, qualifying for the final four of a national championship, qualifying for a national championship final game, and/or winning a national championship. If a bonus pay schedule is established, it will provide the same bonus amounts for the same accomplishments for the head coaches of the Men’s and Women’s teams of the same sports. Aggregate bonus pay for any head coach in a Fiscal Year must not exceed fifteen percent of step forty-five (45) of the salary schedule.
Bonus Pay. The U.S.D. 323 Board of Education may compensate teachers for outstanding service to the District with monetary bonuses at the end of each school year, as outlined in the bonus pay criteria located in the Employee Handbook of Policies and Procedures. Through June 2006 the Board will not give unilateral bonuses.
Bonus Pay. 1. Eight (8) hours pay will be granted annually, during the pay period that includes July 1, to all full-time bargaining unit members. 2. Staff who have completed one year or more at the top of the pay range will receive eight 8 hours pay (pro-rated for part-time staff). This pay is in addition to the pay that all full-time staff receive under paragraph E-1 above.
Bonus Pay. Each employee shall accumulate bonus pay for each calendar month worked. Bonus pay will be earned on a graduated basis, using the schedule as stated below: If an employee has missed no regularly scheduled work shift during any given month, the employee will earn a bonus of $125 for that month. If an employee has missed only one regularly scheduled work shift during any given month, the employee will earn a bonus of $75 for that month. If an employee has missed only two regularly scheduled work shifts during any given month, the employee will earn a bonus of $50 for that month. If an employee has missed three or more regularly scheduled work shifts during any given month, the employee will earn no bonus for that month. In addition to the above schedule, any employee who demonstrates perfect attendance for the contract year will earn an additional bonus of $500. The accumulated pay shall be paid on the payday following the first full week in December of each contract year for all active employees on the seniority roster at that time. Retirees would receive pro-rated bonus pay at the time of retirement. Newly hired employees shall not begin accumulating bonus pay until after their ninety (90) days probationary period. An employee who is on approved vacation, paid funeral leave, union business, paid military leave, paid national or floating holidays, jury duty, FMLA leave (if not covered by disability benefits), or personal leave of absence shall have the days counted as days worked. If an employee is excused by Management for additional funeral leave (per Section 1-B of this Article), the extra days will also count as days worked. If an employee arranges to be absent or is otherwise absent for any portion of his regularly scheduled work shift and subsequently works eight (8) or more hours on that day, that employee will not be penalized for the bonus pay eligibility.
Bonus Pay. Each employee shall accumulate bonus pay for each calendar month worked. Bonus pay will be earned on a graduated basis, using the schedule as stated below: If an employee has missed no regularly scheduled work shift during any given month, the employee will earn a bonus of $125 for that month. If an employee has missed only one regularly scheduled work shift during any given month, the employee will earn a bonus of $75 for that month. If an employee has missed two or more regularly scheduled work shifts during any given month, the employee will earn no bonus for that month. In addition to the above schedule, any employee who demonstrates perfect attendance for the contract year will earn an additional bonus of $500. The accumulated pay shall be paid on the payday following the first full week in December of each contract year for all active employees on the seniority roster at that time. Retirees would receive pro-rated bonus pay at the time of retirement. Newly hired employees shall not begin accumulating bonus pay until after their ninety (90) days probationary period. Where an individual is removed from the schedule with advance notice and approval prior to board activation, they shall not be disqualified from attendance bonus pay (i.e., vacation, floating holidays, funeral leave, Leave of Absence, jury duty and union business per Article I, Section 8(A)). Where an individual picks up a shift and later is absent for that shift, it shall count as an absence under this Section.
AutoNDA by SimpleDocs
Bonus Pay. Each employee shall accumulate bonus pay for each calendar month worked. Bonus pay will be earned on a graduated basis, using the schedule as stated below: If an employee has missed no regularly scheduled work shift during any given month, the employee will earn a bonus of $75 for that month. If an employee has missed only one regularly scheduled work shift during any given month, the employee will earn a bonus of $50 for that month. If an employee has missed only two regularly scheduled work shifts during any given month, the employee will earn a bonus of $25 for that month. If any employee has missed three or more regularly scheduled work shifts during any given month, the employee will earn no bonus for that month.
Bonus Pay. Each employee shall accumulate bonus pay for each calendar month worked. Bonus pay will be earned on a graduated basis, using the schedule as stated below: If an employee has missed no regularly scheduled work shift during any given month, the employee will earn a bonus of $75 for that month. If an employee has missed only one regularly scheduled work shift during any given month, the employee will earn a bonus of $50 for that month. If any employee has missed two or more regularly scheduled work shifts during any given month, the employee will earn no bonus for that month. In addition to the above schedule, any employee who demonstrates perfect attendance for the contract year will earn an additional bonus of $300. The accumulated pay shall be paid on the payday following the first full week in December of each contract year for all active employees on the seniority roster at that time. Newly hired employees shall not begin accumulating bonus pay until after their ninety (90) days probationary period. Where an individual is removed from the schedule with advance notice and approval prior to board activation, they shall not be disqualified from attendance bonus pay (i.e., vacation, floating holidays, funeral leave, Leave of Absence, jury duty and union business per Article I, Section 8(A)). Where an individual picks up a shift and later is absent for that shift, it shall count as an absence under this Section.
Bonus Pay. The Employee also may earn bonus pay at the Company’s discretion. If the Employee’s employment is terminated by either party before the bonus becomes earned, due, and payable, the Employee shall not be entitled to the bonus.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!