Employee Incentive Pay. Subject to any Scorecard gateway, all employees will be eligible to participate in the Employee Incentive Plan provided that written objectives for the year are approved by the Manager. Awards under this plan will be based on corporate, departmental, team and individual performance during the year. The plan is designed to align the interests of the Company and employees and to reward superior performance. The Company will provide employees with information each year on the relevant performance targets and objectives that will be in place for that year. Target Incentive Payments will be three- and one-half percent (3.5%) of regular earnings with actual payments ranging from zero percent (0%) to five percent (5%) depending on the actual performance achieved. Regular earnings are defined as the base rate earnings for the employees normal job classification (i.e. normal classification is the job the employee owns). Employees must be employed by the Company on December 31st to be considered under this program. For new employees, the payout in the first (1st) year will be prorated based on the number of months worked except that employees starting after September 30th will not be eligible until the next year.
Employee Incentive Pay. In order to provide an incentive for those employees who maintain continuous service within the Memphis Police Communications Bureau, all eligible employees will receive a monthly incentive pay. Pay will be awarded according to Bureau seniority and will be distributed as follows: Years of Service: Five or more: $25.00 Ten or more: $35.00 Fifteen or more $50.00 Twenty or more: $60.00 Twenty-five or more: $75.00
Employee Incentive Pay a. All employees shall be eligible for Employee Incentive Pay for cost saving suggestions. Employees wishing to apply for incentive pay will submit their suggestion to the Employee Task Force for review. The Task Force will coordinate with the appropriate City departments/divisions to determine the acceptability of the cost-saving suggestion and establish remuneration.
