End of Year Bonus. (1) The Employer shall pay the employee either an End of Year Bonus equivalent to 1/12 of his yearly earnings or a gratuity in accordance with the End of Year Gratuity Xxx 0000, whichever is the higher, where the Employee has been in continuous employment for the whole or part of the year and he is still in employment as at 31 December of that year.
(2) The Employee shall be paid a gratuity in accordance with the End of Year Xxxxxxxx Xxx 0000 on a pro rata basis when the contract is terminated in the course of the year on grounds of redundancy.
(3) The employee whose contract of determinate duration ends before the 31 December of any year and who has performed a number of normal days’ work equivalent to not less than 80 per cent of the number of working days during his employment in that year, shall be entitled to a gratuity equivalent to one twelfth of his earnings for that year.
End of Year Bonus. The Employer will pay employees an end of year bonus consisting of a base $100 plus $20 for each year of service. This bonus will be paid unless the Village Day Care Society is in deficit on October 31st of current year. The Employer will provide financial records to the Union to verify deficit.
End of Year Bonus. For the term of this contract, upon completion of each school year, the teacher will receive a one-time bonus of $2,000 per FTE. This bonus is not eligible for TRS or service credit. This bonus will expire upon the completion of this contract.
End of Year Bonus. (1) An employer shall pay an end of year bonus to a worker not later than 2 days after the end of the Employer’s last fishing trip during that year.
(2) The end of year bonus shall be equivalent to ½ of the worker’s earnings for the period of his employment during the year.
(3) The employee whose contract of determinate duration ends before the 31 December of any year and who has performed a number of normal days’ work equivalent to not less than 80 per cent of the number of working days during his employment in that year, shall be entitled to a gratuity equivalent to one twelfth of his earnings for that year.
End of Year Bonus. (1) The Employer shall, in case he has remained in continuous employment with the Employer for one year, be entitled at the end of that year to a bonus equivalent to 1/12 of his earnings for that year or one month salary, whichever is the higher.
(2) The Employee shall be entitled at the end of that year to a bonus equivalent to 1/12 of his earnings for that year in case he -
(a) takes up employment during the course of the year;
(b) is still in employment as at 31 December; and
(c) has performed not less than 80% of the working days during his employment in that year.
(3) The Employee shall be paid an End of Year Gratuity on a pro rata basis in case the contract of employment is terminated in the course of the year for reason of redundancy.
(4) The employee whose contract of determinate duration ends before the 31 December of any year and who has performed a number of normal days’ work equivalent to not less than 80 per cent of the number of working days during his employment in that year, shall be entitled to a gratuity equivalent to one twelfth of his earnings for that year.
End of Year Bonus. 1 Employees who are employed on 1 December 2008 and/or 2009 are entitled to an end-of-year bonus. Employees who leave employment before 1 December in 2010 or subsequent years are also entitled to an end-of-year bonus.
End of Year Bonus. 1. Besides the regular salary, the employee is entitled to a bonus of € 400 gross per year, in the case of a full-time contract. In the case of part-time contracts and contract periods shorter than 12 months, a proportionate amount is applicable.
2. The bonus is paid in one instalment, along with the salary for the month of December over the previous twelve months or, if the contract of employment between employer and employee ends earlier in the year in question, along with the last salary payment.
3. Employees can opt to exchange their end-of-year bonus for three extra days of holiday (see also the chapter Days off, holidays and leave), to be taken in agreement with the employer.
End of Year Bonus. 1. Employees are entitled to an end-of-year bonus of 8.3% of the basis of calculation applicable to the employee. The bonus shall be paid with the salary for December. Employees who leave employment before 1 December are also entitled to an end-of-year bonus. The bonus shall be paid in the month following the month in which the employment ended.
2. The end-of-year bonus shall be calculated over the sum of the salaries that the employee has received in the relevant calendar year.
3. The end-of-year bonus shall be calculated over at least the salary denoted behind salary number 10 in scale 7 in Annex A.
End of Year Bonus. 1. Employees employed at the institution at any point in a calendar year will receive an end-of-year bonus of 8.33%.
2. Employees employed for part of the year will receive a pro rata bonus. In the event of resignation or dismissal, the bonus will be paid directly.
3. The end-of-year bonus will be calculated and its effects identified in accordance with the provisions of annexe 8.
4. The provisions of paragraph 1 notwithstanding, employees falling within the early retirement (VPL) transitional regime will receive an end-of-year bonus of 6.6%.
5. The end-of-year bonus is regarded as salary and part of the income referred to in the pension regulations.
End of Year Bonus. 1. Employees employed at the institution at any point in a calendar year will receive an end-of-year bonus of 8.33%.
2. Employees employed for part of the year will receive a pro rata bonus. In the event of resignation or dismissal, the bonus will be paid directly.
3. The end-of-year bonus will be calculated and its effects identified in accordance with the provisions of annexe 8.
4. The provisions of paragraph 1 notwithstanding, employees falling within the early retirement (VPL) transitional regime will receive an end-of-year bonus of 6.6%. 4 The consequence of this provision is that a distinction is made between teachers receiving a loyalty allowance for the first time and those who have received a loyalty allowance before. The regulations on accumulation of entitlements apply to the latter only. No loyalty allowance will be awarded to teachers who are dismissed or resign before the August of the year in which they are first entitled to an allowance. Teachers who are dismissed or resign before the August of the year in which they are entitled to a loyalty allowance and who have received a loyalty allowance in previous years, are entitled to a pro rata allowance over the months from the August of the previous year.
5. The end-of-year bonus is regarded as salary and part of the income referred to in the pension regulations.
