Incentive Shifts Sample Clauses

The Incentive Shifts clause defines how and when the incentives or rewards provided under an agreement may be adjusted based on certain performance metrics or milestones. Typically, this clause outlines specific conditions—such as exceeding sales targets, meeting project deadlines, or achieving quality benchmarks—that trigger an increase or decrease in compensation, bonuses, or other benefits. Its core practical function is to align the interests of the parties by motivating desired behaviors and outcomes, while also providing a clear framework for modifying incentives as circumstances change.
Incentive Shifts. To avoid using agency, the employer may post incentive shifts paying an additional $10.00 per hour. Incentive shifts will be posted in advance when possible. Regularly scheduled nurses will have priority over reserve nurses. Staff working at regular pay rate will have priority over overtime shifts. Nurse must work scheduled shifts during that pay period. The nurse must work beyond 48 hours in a pay period before receiving premium pay for incentive shifts.
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Incentive Shifts. Employees working an eligible incentive shift as designated by the Employer will be eligible to receive incentive pay in addition to the employee’s overtime rate of pay as defined in Article 5.3.1, if applicable.
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Incentive Shifts. This Section is effective as of August 17, 2008. Prior to 19 that date, the provisions for incentive shifts contained in the 2005-2008 Agreement will 20 apply. TA 6/3/14
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Incentive Shifts. Effective the first pay period following ratification of the parties 2009 2012 collective bargaining agreement, In-House Registry (now known as "Incentive Shifts") will become applicable to the "direct patient care hours" of Laboratory employees, under the terms specified in Article 14 of the Agreement.
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Incentive Shifts. 1. There are currently two (2) levels of incentive pay for extra work.
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Related to Incentive Shifts

  • Incentive ‌ Incentives are defined under FAR Subpart 16.4, Incentive Contracts, and other applicable agency-unique regulatory supplements. The OCO will determine fair and reasonable pricing for all Incentive Task Orders and develop a plan to implement and monitor an Award-Fee, Incentive-Fee, or Award-Term result in accordance with FAR 15.4, Pricing.

  • 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.

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.