Extra Shift Incentive Pay Sample Clauses

Extra Shift Incentive Pay. The Hospital retains the discretion to establish Extra Shift Incentive Pay programs as necessary and appropriate. Caregivers will be told in advance if Extra Shift Incentive Pay applies to a particular shift and that shift will be paid in accordance with the agreement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Extra Shift Incentive Pay. Employees shall receive Extra Shift Incentive Pay in accordance with Hospital policy, as amended from time to time.
Sample 1
Extra Shift Incentive Pay. 31 At management’s discretion they may offer this incentive to both part-time and full-time 32 nurses to fill an open shift. Extra shift incentive will be the nurse’s base wage at 1 ½ + 33 $12.00 per hour worked. The nurse must have worked all scheduled hours during the 34 pay period that includes the extra shift and has not reduced their scheduled hours at 1 any time during the 90 day period immediately preceding the date of the extra shift in 2 order to be eligible for the extra shift incentive pay. For purposes of this article, 4 administrative time during regular work time, and project time hours will be considered 5 “work” time but any jury duty, bereavement leave, workers compensation leave, ETO 6 not scheduled for the current pay period, and leave without pay will not be considered 7 “work” time.
Sample 1
Extra Shift Incentive Pay. (Critical Need Shift) At management’s discretion, extra shift incentive pay may be offered to a regular full-time or part- time nurse who is requested by the Hospital to fill a critical need shift on short notice. The shift must be scheduled for at least two or more hours in direct hands-on patient care no more than 48 hours before the beginning of the start of the identified shift (this will be extended to two full working days for units that are not open 24/7). The nurse will be compensated at the rate of time and one-half the nurse's regular hourly rate of pay plus $12 per hour for each hour worked on the shift, provided that the criteria in both A and B below have been met. The extra shift incentive pay will be clarified at the time the nurse agrees to work the extra shift. A. The nurse worked all scheduled hours during the pay period that includes the extra shift. For purposes of this 8.5.3.A, scheduled ETO, low-census call-off, holiday, education, meeting, orientation, light-duty, administrative time during regular work time, and project time hours will be B. The nurse has not reduced the nurse's scheduled hours at any time during the 180 day period immediately preceding the date of the extra shift.
Sample 1
Extra Shift Incentive Pay. 1 At management’s discretion they may offer this incentive to both part-time and full-time
Sample 1
Extra Shift Incentive Pay. 11 At management’s discretion they may offer this incentive to both part-time and full- 12 time nurses to fill an open shift. Extra shift incentive will be the nurse’s base wage at 13 one and a half (1 ½) + twelve dollars ($12.00) per hour worked. The nurse must 14 have worked all scheduled hours during the pay period that includes the extra shift 15 and has not reduced their scheduled hours at any time during the ninety (90) day 16 period immediately preceding the date of the extra shift in order to be eligible for the 18 call-off, holiday, education, meeting, orientation, light-duty, administrative time 19 during regular work time, and project time hours will be considered “work” time but 20 any jury duty, bereavement leave, workers compensation leave, ETO not scheduled 21 for the current pay period, and leave without pay will not be considered “work” time. 22 Eligibility will be determined at the end of the pay period. 1 LETTER OF AGREEMENT SHARED NURSING POOL (SNP)
Sample 1

Related to Extra Shift Incentive Pay

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

  • Bonus Compensation During the term hereof, the Executive shall participate in the Company’s Senior Executive Annual Incentive Plan, as it may be amended from time to time pursuant to the terms thereof (the “Plan,” a current copy of which is attached hereto as Exhibit A) and shall be eligible for a bonus award thereunder (the “Bonus”). For purposes of the Plan, the Executive shall be eligible for a Bonus, and the Executive’s specified percentage (the “Specified Percentage”) for such Bonus shall initially be fifty percent (50%) of Base Salary and shall thereafter be established annually by the Board of Directors (the “Board”) or, if the Board delegates the Specified Percentage determination process to a Committee of the Board, by such Committee. In the event the Board or Committee does not approve the Executive’s Specified Percentage within 90 days of the beginning of a fiscal year, such Specified Percentage shall be the same as the immediately preceding year. Whenever any Bonus payable to the Executive is stated in this Agreement to be prorated for any period of service less than a full year, such Bonus shall be prorated by multiplying (x) the amount of the Bonus otherwise earned and payable for the applicable fiscal year in accordance with this Sub-Section 4.2 by (y) a fraction, the denominator of which shall be 365 and the numerator of which shall be the number of days during the applicable fiscal year for which the Executive was employed by the Company. Executive agrees and understands that any prorated Bonus payments will be made only after determination of the achievement of the applicable Performance Measures (as defined in the Plan) in accordance with the terms of the Plan. Any compensation paid to the Executive as Bonus shall be in addition to the Base Salary.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!