Longevity Bonuses Sample Clauses

Longevity Bonuses. 8.4.1 Longevity bonuses for classified personnel will be paid at the end of the seventh, tenth, thirteenth, sixteenth, nineteenth, twenty-second, and twenty-fifth years consistent with the attached salary schedules. Longevity bonuses will be increased by the same percentage as the salary schedule is increased.
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Longevity Bonuses. The intent behind longevity bonuses is to decrease employee turnover and incentive long-term employees to continue their employment with EmpRes Healthcare. Bargaining Unit Employees shall receive the following longevity bonuses, to be paid on the first payday after the employee’s anniversary date. Longevity Bonus After Passing Anniversary Date (i.e. Hiring Date) Bonus Value 1st Anniversary $100 3rd Anniversary $300 5th Anniversary $500 8th Anniversary $800 10th Anniversary $1000 15th Anniversary 1500 20th Anniversary $2000 In order to implement this new longevity benefit, by December 1st, 2021, the Employer shall pay out the longevity bonuses to each employee whose anniversary date falls in- between the 10th, 15th and 20th year steps. Examples: An 11 year employee will receive the $1,100 bonus on December 1st, 2021.
Longevity Bonuses. $200 each year after 10 consecutive years of service in the Clinton School Department $300 each year after 15 consecutive years of service in the Clinton School Department $400 each year after 20 consecutive years of service in the Clinton School Department $500 each year after 25 consecutive years of service in the Clinton School Department $600 each year after 30 consecutive years of service in the Clinton School Department $700 each year after 35 consecutive years of service in the Clinton School Department $1000 each year after 40 consecutive years of service in the Clinton School Department Longevity bonuses will be paid to those faculty members who have ten (10) years of service in the Clinton School System but their service was involuntarily interrupted by a reduction in force, provided that the employee returns to service within five (5) years of being involuntarily interrupted by a reduction in force.
Longevity Bonuses. Longevity bonuses for Physical Therapists, Occupational Therapists and Certified Occupational Therapy Assistants will be paid at the end of the thirteenth, sixteenth, nineteenth, twenty-second, twenty-fifth, and twenty- eight years consistent with the attached salary schedules. Longevity is based on original date of hire with the District.
Longevity Bonuses. Longevity bonuses for OT,PT,COTAs will be paid at the end of the thirteenth, sixteenth, nineteenth, twenty-second, twenty-fifth, and twenty-eight years consistent with the attached salary schedules. Longevity is based on original date of hire with the District.
Longevity Bonuses. Upon approval of the Board of Supervisors and implementation of this Memorandum of Understanding, members of this bargaining unit shall receive Longevity Pay in accordance with the following implementation schedule: 10/1/06 3% (12 levels) after completion of 19 years of service 04/1/07 4% (16 levels) after completion of 24 years of service 10/1/07 4% (16 levels) after completion of 29 years of service Longevity Pay is cumulative and shall constitute a base rate.

Related to Longevity Bonuses

  • Longevity Bonus Effective 2005, twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700.00) per year, payable in one lump sum by the second pay period following the employee's anniversary date.

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • 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.

  • Longevity Compensation Longevity payments will be made to all employees hired prior to January 1, 1999 with continuous full-time service according to the following schedule:

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • SHIFT BONUS 7:01 A day shift shall be a shift that commences after 4:30 a.m. and at or before 10:00 a.m. on the same day.

  • 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

  • Sick Leave Incentive Effective September 1, 1986, employees covered by this Agreement, hired on or after October 1, 1977, who are not entitled to disability leave under State Statute R.C.W. 41.26, shall be eligible for the following sick leave incentive program:

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

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