Common use of Perfect Attendance Bonus Clause in Contracts

Perfect Attendance Bonus. Any employee who does not use any leave days under this Article in any school year shall receive a one-time bonus of $250, which shall be paid in a separate check at the same time as the employee’s last paycheck for that school year. Provided, however, the bonus shall not cause the employee’s creditable earnings to exceed an increase of more than six percent (6%) over the previous year’s earnings in any of the employee’s last four (4) years of service.

Appears in 2 contracts

Samples: Contract, Contract

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Perfect Attendance Bonus. Any employee who does not use any leave days under this the Article in any school year shall receive a one-time bonus of $250, which shall be paid in a separate check at the same time as the employee’s last paycheck for that school year. Provided, however, the bonus shall not cause the employee’s creditable earnings to exceed an increase of more than six percent (6%) over the previous year’s earnings in any of the employee’s last four (4) years of service.

Appears in 2 contracts

Samples: www.bement.k12.il.us, www.bement.k12.il.us

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Perfect Attendance Bonus. Any employee who does not use any leave days under this the Article in any school year shall receive a one-time bonus of $250, which shall be paid in a separate check at the same time as the employee’s last paycheck for that school year. Provided, however, the bonus shall not cause the employee’s creditable earnings to exceed an increase of more than six percent (6%) or the maximum amount allowable without the Board incurring a TRS employer contribution, whichever is less, over the previous year’s earnings in any of the employee’s last four (4) years of service.

Appears in 1 contract

Samples: Agreement

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