Lump Sum Ratification Bonus Clause Samples
Lump Sum Ratification Bonus. The Employer agrees to provide all unique employees in the 2024-2025 Academic year, currently registered as a graduate student, with a one-time lump sum payment of two hundred dollars ($200) no later than the pay period following the date of ratification. LOA #1- Agrees to renew and update applicable dates LOA #2- Agrees to renew LOA #5- Agrees to remove expiration date LOA #7- Agrees to PSAC counterproposal from 5:00 pm Queen’s University (“the University”) And (Collectively referred to as “the Parties”) “Caste” The Parties jointly acknowledge the importance of ensuring the workplace is free of discrimination and harassment. Accordingly, the University recognizes that caste-based discrimination can be addressed through the University’s discrimination and harassment policies and procedures.
Lump Sum Ratification Bonus. After the first full pay period following ratification of the contract by both parties, the Employer will give all employees in the bargaining unit a lump sum ratification bonus of $1,000.00, less required taxes and other withholdings authorized by employees. The bonus shall be made in a separate check and shall not be added to base salaries but shall be included in final average compensation for retirement purposes.
