Gainsharing. 32.1 If during the duration of the Contract, the Provider proposes to deviate from or modify any aspect of the Scope of the Supply in a manner that Provider believes will have an overall benefit for the Company, whether in terms of performance, risk mitigation, cost reduction or otherwise, then Provider shall deliver such proposal in writing to Company with all such detail as may be requested by Company. In the event that Company elects to accept Provider’s proposal, then the Parties shall thereafter in good faith negotiate an appropriate amendment hereto implementing such proposal and providing for a mechanism through which both the Provider and the Company may share in the resulting benefit.
Gainsharing. In respect of each Service Provider Financial Year, the Service Provider shall pay to TfL the Gainshare, if any, calculated in accordance with Schedule 23 (Gainsharing).
Gainsharing. At the time of the signing of this agreement, Management and the Union agreed that a gainsharing program was not feasible based on the current technology being used for travel related activities, as well as based on the additional manpower required to operate this type of program. In anticipation of the implementation of new travel-related technology, Management and the Union agree to revisit this specific topic in October 2012.
Gainsharing. If during the term of this Contract, Provider proposes to deviate from or modify any aspect of the Scope of Contract or Provider’s performance thereof in a manner that Provider believes will have an overall benefit for the Company or to the Project, whether in terms of performance, risk mitigation, cost reduction or otherwise, then Provider shall deliver such proposal in writing to Company with all such detail as may be requested by Company. In the event that Company elects to accept Provider’s proposal, then the Parties shall thereafter in good faith negotiate an appropriate Change Order or amendment hereto implementing such proposal and providing for a mechanism through which both Provider and Company may share in the resulting benefit.
Gainsharing. The following principles will be reflected in the gain sharing proposal: Baseline • A baseline will be set to determine if a gain sharing payment will be made for that academic year • The baseline will be set at the greater of the enrollment at the end of the prior year or the prior year baseline • For the 2012/2013 academic year, the baseline will be set at 386 students which is the ending 2011/2012 student enrollment Average Tuition • Average value of an additional student is projected tuition and boarding fee revenue (based on specific fees for each type of student) divided by the total number of projected students Payment • Gain sharing payments will be made as one time payments in June or July • Gain sharing payments will be made if the total number of students as at June 15th is equal to or exceeds the baseline by 5 or more students • Gain sharing would be based on bands of 5 students (payments will be made when actual tuition reaches the baseline plus 5, 10, 15, 20 etc., additional students) Qualification Criteria • Staff who have worked any part of a school year are eligible for a gain sharing payout related to that school year • Payments will be prorated based on FTE • Auxiliary staff are eligible • Temporary appointments are excluded if the employee works for less than 3 months and does not retain ongoing employee status (e.g. Auxiliary) at SMS • While there would be no annual cap as in the current year, the four year cap would be $180,000 which in theory could all be paid out in the first year but realistically would be paid out over the four year term because of the fluctuations in student enrollment • The percentage share of the gain sharing total available to PEA members in each year will be 25% • Employees on leave, aside from general leave, will be eligible for gain sharing SCHEDULE A - WAGES Wage rates will be adjusted as follows: Effective Dates Wage Increases July 1, 2016 0.5 % July 1, 2017 1.0 % July 1, 2018 1.0 % July 1, 2019 2.0 % July 1, 2020 2.5 % Teacher on Call (TOC) Rate July 1, 2016 July 1, 2017 July 1, 2018 July 1, 2019 July 1, 2020 $ 45.63 $ 46.08 $ 46.54 $ 47.47 $ 48.66 Tutorial Staff Teachers Salary Grid movement shall be based on accumulated years of approved experience with each advancement resulting upon achievement of 0.90 FTE teaching experience. FTE experience is measured in the same manner as is done to determine seniority FTE. Each faculty member’s teaching experience shall be adjusted on the September 1st or Janu...
Gainsharing. RMH shall use good faith efforts to work with MCI to ----------- increase the cost efficiency of the Services. Any savings achieved through implementation of a Gainsharing concept developed by MCI and/or RMH shall be shared evenly between MCI and RMH. To qualify as a Gainsharing under this Agreement, RMH shall forward a Gainsharing proposal to MCI outlining the specific Service and Gainsharing methods RMH is proposing to implement to achieve savings for RMH and MCI. MCI shall review such Gainsharing proposal and, if acceptable to MCI, MCI shall approve the Gainsharing proposal in writing. Prior to implementation of a Gainsharing concept, MCI and RMH shall agree on how to account for the savings achieved by the Gainsharing in RMH's monthly billing. MCI and RMH shall work together to implement and evaluate the Gainsharing method to achieve the desired results of the Parties.
Gainsharing. RMH shall use good faith efforts to work with MCI to increase the cost efficiency of the Services. [*].
Gainsharing. The City and the Guild acknowledge that health care cost containment is an important goal in insuring that members of the bargaining unit continue to enjoy the current level of City paid health care benefits by taking the following actions:
Gainsharing. The Parties acknowledge that suggestions for gainsharing improvements may arise or be negotiated at any time during the life of this agreement to provide additional (one-time or ongoing) payments. Where such initiatives are identified, the Bargaining Principals will meet to review the proposal and consider whether it should be included within the scope of this Memorandum.
Gainsharing. 8.01 The parties agree to establish a four (4) person Gainsharing Advisory Committee consisting of two (2) representatives chosen by the Union and two (2) representatives of Management. The purpose of the Committee at the onset of this Agreement shall be to monitor the gainsharing program. The Committee has the authority to: • audit; • make recommendations; • ensure best and worst jobs in the prior month are presented as part of the gainsharing report at the employee meeting in a financially accountable manner with breakdown in cost by department; • review and make recommendations for new KPI’s. The Committee will be provided with four (4) weeks notice prior to any changes to the program being implemented.
