Long Service Incentive Sample Clauses

Long Service Incentive. 18.1. An employee shall be entitled to long service incentive payments or the equivalent time on paid leave as follows:
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Long Service Incentive. (As per 415)
Long Service Incentive. 3.7.1. Effective November 27, 2023, a teacher, upon achieving twenty-five (25) and thirty (30) years of service with the Employer, shall be granted one (1) day leave with pay, to be taken within the school year of achieving their twenty-fifth
Long Service Incentive. 3.6.1. Teachers shall receive one (1) lieu day in each of their 25 and 30 years of continuous service and two (2) lieu days in their 35 year of continuous service.
Long Service Incentive. 3.6.3.1. Effective the date of local ratification (June 23, 2023), teachers on contract shall be recognized for Long Service to the School Division at five- (5-) year increments starting at fifteen (15) years of service, with the provision of one (1) day in lieu with full pay and benefits. The day in lieu will be granted in the following school year.
Long Service Incentive. 3.6.5.1. Effective August 29, 2023, a teacher, upon achieving twenty-five (25) and thirty (30) years of service with the School Division, shall be granted one (1) day leave with pay, to be taken within the school year of achieving their twenty-fifth (25th) or thirtieth (30th) year of service. This day will have no payout nor carry over option available. If required substitute teacher coverage will be provided for this day. Effective the year of implementation, all continuous contract teachers above thirty (30) years of service shall be granted one (1) day leave with pay in recognition of their long service with the School Division. This is a one time item at implementation only and will not be reflected in the collective agreement. This day will have no payout nor carry over option available. If required, substitute teacher coverage will be provided for this day.
Long Service Incentive. Teachers who meet the criteria for retirement (at least 15 years of service with the Board and are 55 years of age or older) will also receive a Retirement honorarium of $1,000.00 upon retiring.
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Related to Long Service Incentive

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Long Service Leave All employees shall be entitled to long service leave in accordance with the relevant State Legislation. The employer will ensure that any registration necessary for the purposes of portable long service schemes will be undertaken.

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