Common use of Budgetary Savings Clause in Contracts

Budgetary Savings. 14 Employees are eligible for a maximum of one hundred dollars ($100), per calendar year as a 15 “bonus”/performance pay, when an employee demonstrates to the department Director or designee 16 that the employee has taken action or recommended action that has resulted in cost savings or 17 additional revenue for the department to which the employee is assigned. Such savings/additional 18 revenue must be a minimum of $1,000 to qualify for this, “bonus”/performance pay. Request for 19 such a “bonus”/performance pay must be made initially with the employee’s immediate supervisor 20 who will make a written recommendation that will proceed up the chain of command.

Budgetary Savings. 14 16 Employees are eligible for a maximum of one hundred dollars ($100), per calendar year as a 15 17 “bonus”/performance pay, when an employee demonstrates to the department Director or designee 16 18 that the employee has taken action or recommended action that has resulted in cost savings or 17 19 additional revenue for the department to which the employee is assigned. Such savings/additional 18 20 revenue must be a minimum of $1,000 to qualify for this, “bonus”/performance pay. Request for 19 21 such a “bonus”/performance pay must be made initially with the employee’s immediate supervisor 20 22 who will make a written recommendation that will proceed up the chain of command.