Gain Sharing Program. The Company and Union will continue the current productivity-based incentive plan. This Gain Sharing Program is designed to motivate employees to meet or exceed production goals, established by management, with a payment not to exceed twice their normal weekly pay. Changes in the gain sharing formula, criteria, or structure shall be made at Company discretion after consultation with the Gain Sharing Committee and Business Representative.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Gain Sharing Program. 17 The Company and Union will continue the current productivity-based incentive plan. This Gain Sharing 18 Program is designed to motivate employees to meet or exceed production goals, established by 19 management, with a payment not to exceed twice their normal weekly pay. Changes in the gain sharing 20 formula, criteria, or structure shall be made at Company discretion after consultation with the Gain 21 Sharing Committee and Business Representative.. 22
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Gain Sharing Program. 2 The Company and Union will continue the current productivity-based incentive plan. This Gain Sharing 3 Program is designed to motivate employees to meet or exceed production goals, established by 4 management, with a payment not to exceed twice their normal weekly pay. Changes in the gain sharing 5 formula, criteria, or structure shall be made at Company discretion after consultation with the Gain 6 Sharing Committee and Business Representative.. 7
Appears in 1 contract
Samples: Collective Bargaining Agreement