OBJECTIVES/MEASURES Sample Clauses
The OBJECTIVES/MEASURES clause defines the specific goals and performance metrics that a party is expected to achieve under the agreement. It typically outlines quantifiable targets, such as sales numbers, project milestones, or quality standards, and may describe how progress will be tracked and reported. By clearly establishing what constitutes satisfactory performance, this clause ensures both parties have a mutual understanding of expectations and provides a basis for evaluating compliance or success.
OBJECTIVES/MEASURES. All hourly employees normally will be assigned to teams based on their functional area of responsibility. Teams may consist of a few employees or many. Each team will be given a set of objectives linked to, but not limited to, one or more of these performances areas: Quality/Value of services delivered Productivity Expense Budget Revenue Teams that satisfy a minimum level of performance will receive an incentive payment. If that minimum level of performance is exceeded, the incentive payment will be larger. Each member of a team will receive the same percentage of target award that the team achieved. An example would be as follows.
OBJECTIVES/MEASURES. All hourly employees normally will be assigned to teams based on their functional area of responsibility. Teams may consist of a few employees or many. Each team will be given a set of objectives linked to, but not limited to, one or more of these performances areas: Quality/Value of services delivered Productivity Expense Budget Revenue Teams that satisfy a minimum level of performance will receive an incentive payment. If that minimum level of performance is exceeded, the incentive payment will be larger. Each member of a team will receive the same percentage of target award that the team achieved. An example would be as follows. Below Minimum 0% Minimum to Target 10 - 99% Target 100% Over Target to Maximum 101 - 120%
OBJECTIVES/MEASURES. All hourly employees will normally be assigned to teams based on their functional area of responsibility. Teams may consist of a few employees or many. Each team will be given a set of objectives linked to, but not limited to, one or more performance areas to be determined by the company. Teams that achieve minimum level results will receive an incentive payout. If the minimum level is exceeded, the payout will be larger. An example would be as follows. Results Percent Target Award Below Minimum 0% Minimum to Target 80-99% of weighted amount Target 100% of weighted amount Over Target to Maximum 101-120% of weighted amount