Paramedic Bonus Sample Clauses

Paramedic Bonus. A. Employees who are regularly assigned to a paramedic work assignment for which a bonus has been budgeted shall receive a bonus, on a bi-weekly basis, as follows: (1) 16% of the bi-weekly step 5 Firefighter salary. The bonus shall be paid: (a) at the beginning of the payroll period following initial licensure by the State of California EMS Authority and accreditation by the Los Angeles County EMS Agency; or (b) upon assignment to a paramedic work assignment for which a bonus has been budgeted when the employee has served on a paramedic unit on a non-bonus basis (as defined in the third paragraph of Section 5.05) for two consecutive years. (2) While on paramedic qualification school assignment, an employee shall be transferred to the 40-hour work week schedule but he/she shall continue to accrue benefits, including holidays, as if assigned to Fire Suppression. An employee so assigned is not entitled to the administrative assignment bonus provided in the first paragraph of Subsection A. of Section 2.07. B. Only those employees who are regularly assigned to Fire Suppression and are regularly assigned to work as paramedics are eligible to receive a paramedic bonus. Employees who are regularly assigned to an administrative (40-hour work week) position, including those assigned to the Fire Prevention Division, are not eligible to receive a paramedic bonus. If an employee who worked in Fire Suppression as a paramedic is assigned to an administrative (40-hour work week) position and wishes to maintain his/her paramedic certification, the Fire Department shall make available the necessary training, either on-site or off-site, and shall cover the costs associated with the maintenance of the employee’s paramedic certification. At the discretion of management, to meet the operational needs of the department, the paramedic bonus can be extended to an employee who is not regularly assigned to work as a paramedic. C. The City will establish the classification of Firefighter-Paramedic as soon as practicable following the approval of this agreement. The top step salary of that classification will include the paramedic bonus of 16% of top step Firefighter which will be incorporated into base salary. D. All Firefighters, as of the effective date of this agreement, who have a current paramedic license and are receiving the paramedic bonus will automatically be reclassified into the Firefighter-Paramedic classification. (1) Upon promotion, those Firefighter-Paramedics who hav...
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Paramedic Bonus. Effective July 1, 2005, the paramedic bonus was eliminated for all employees covered by this MOU. For Firefighter Paramedics the equivalent amount of $1,000 is included in the base salary after successful completion of the first two years as a California state licensed paramedic with San Diego County accreditation working for the City of Santee, and successful advancement to Step E in the City of Santee salary schedules (Attachments A, B, C or D). For Fire Engineers and Fire Captains, the base salary increased as noted in Article 2.1.3 in exchange for the elimination of the paramedic bonus.
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Related to Paramedic Bonus

  • Longevity Bonus After twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700) per year, payable in one lump sum by the second pay period following the employee's anniversary date.

  • 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.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365); and

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Annual Bonus Opportunity Your annual target bonus opportunity following the Effective Date will be 50% of your annual base salary (the “Target Bonus”). The Target Bonus shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. Your actual bonuses shall be based upon achievement of performance objectives to be determined by the Board in its sole and absolute discretion. Bonuses will be paid as soon as practicable after the Board determines that such bonuses have been earned, but in no event will a bonus be paid to you after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which such bonus is earned or (ii) March 15 following the calendar year in which such bonus is earned.

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