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Productivity Increases Sample Clauses

Productivity Increases. How do employees contribute to increase productivity of the Company? a) Employees may be directed to carry out such duties, and use such tools as may be required, which are within the limits of the employee’s skill, competence and training, including but not limited by duties which may be incidental and peripheral to the employee’s main task or function; b) Employees may be directed to transfer to another job, or location, and c) Any instruction issued by the Company pursuant to subclause (a) and (b) of this clause shall be consistent with the Company’s responsibility to provide a safe working environment.
Sample 1
Productivity Increases. A further 1% (one per cent) increase from the first full pay period in October subject to the company as a whole achieving: • A net profit of 10%; and, • External surveillance audit findings confirming that individual offices comply with the national quality management system with no significant action required at the office level. A further 2.5% (two and one half per cent) increase from the first full pay period in October subject to the company as a whole achieving: • A net profit of 15%; and, • External surveillance audit findings confirming that individual offices comply with the national quality management system with no significant action required at the office level.
Sample 1
Productivity Increases. From 1st 1 April 2014 employees may receive a further 0.5% (Year 1 & Year 2 of the agreement) and 0.75% (Year 3 of the agreement), payable in arrears, subject to the achievement of operational Cost Savings (excluding depreciation) and Efficiency Targets detailed below for the respective years ending 31/3/2017The Municipal Officers Enterprise Committee (MOEAC), the Local Government Employees Enterprise Agreement Committee (LGEEAC) and Executive Management Group will meet on at least a quarterly basis to review and determine actual achievements against the cost savings and efficiency targets for the organisation. Any of the above additional payments due will then be paid within one month of the determination by the joint MOEAC, LGEEAC and Executive Management Group. Year 1 (1/4/2014- 31/3/2015) Target Year 2 (1/4/2015- 31/3/2016) Target Year 3 (1/4/2016 – 31/3/2017) Target Cost Savings Recurrent saving from annual adopted budget Excluding following budget items: New Initiatives Depreciation CEO, Managers & Elected Member employment costs $300,000 $300,000 $300,000 Efficiency Targets efficiency dividend from annual adopted budget. (i.) • Time • Quality • Quantity • Cost (non-recurrent)
Sample 1
Productivity Increases. A further 1% (one per cent) increase from the first full pay period in October subject to the company as a whole achieving: • A net profit of 10%; and, • External surveillance audit findings confirming that individual offices comply with the national quality management system with no significant action required at the office level. A further 2.5% (two and one half per cent) increase from the first full pay period in October subject to the company as a whole achieving: • A net profit of 15%; and, • External surveillance audit findings confirming that individual offices comply with the national quality management system with no significant action required at the office level. This clause does not apply to Sessional Medical Advisers whose rates are stated in their contract of employment.
Sample 1
Productivity Increases. The productivity increases and quality improvements will be achieved under this Agreement through staff participation in and commitment to the objectives and actions in the Corporate Plan. These include: • Continued gains to be achieved from the establishment of the alliance arrangement for key operations and maintenance functions • New and improved systems, including a new field service management system designed to streamline a range of activities, improve timeframes thereby creating opportunities to undertake new/additional contracts. • A Cultural Change Program designed, implemented and continuing within SEWL that drives organisational change that continually strives for excellence, innovation, improvement and efficiencies. • A company wide reduction in paper and water usage across the life of the Agreement. During the term of the Agreement, the parties have agreed to review the current outdated classification structure in order to create a structure which is more contemporary, relevant, streamlined and competitive. Consistent with the SEWL’s strategic direction, as outlined in the Corporate Plan savings from continuous improvement and commitment to organisational change will be achieved over the life of this Agreement. The salary increases tabled below are provided as a result of staff commitment to increased productivity initiatives outlined above. OFF114 (entrylevel) A1 38,100 39,245 39,435 39,625 1% of the 4% maximum is subject to the achievement of the following KPIs: • Office paper usage (xxxxx/FTE) 13.7 • Office water usage (KL/FTE) 5.9 Pay increases available under this clause will not be withheld if the achievement of the KPIs is outside the control of the employees. Furthermore if there is a part failure, employees will still be entitled to 0.5%.
Sample 1
Productivity Increases. Objectives of the Agreement The objectives of the Agreement are to: Develop an organisation that will demonstrate its ability to be competitive under the 2.2.1 principles of fair value including:
Sample 1

Related to Productivity Increases

  • Longevity Increments 11.6.1 Each regular classified employee shall receive a two-range increase (5%) upon completion of five (5) years of satisfactory and continuous service. This increase will become effective at the beginning of the sixth year. 11.6.2 Each regular classified employee shall receive an additional two-range increase (5%) upon completion of ten (10) years of satisfactory and continuous service. This increase will become effective at the beginning of the eleventh year. 11.6.3 Each regular classified employee shall receive an additional two-range increase (5%) upon completion of fifteen (15) years of satisfactory and continuous service. This in-crease will become effective at the beginning of the sixteenth year.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will: (1) agree on the amount of the increase; (2) agree on any terms and conditions that will apply to the increase; and (3) execute an amendment to this Agreement that reflects the agreement reached.

  • Promotion Increases (a) Promotion salary increases shall be granted in an amount equal to 9.0% of the employee’s previous year’s base salary rate in recognition of promotion to one of the ranks described below: (1). To Associate in , and Assistant University Librarian; (2). To Associate Professor, Associate Scholar/Scientist/Engineer, and Associate University Librarian; and

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Salary Increments The Employer may grant an increment for meritorious service after an Employee has served for a period of twelve (12) months following the day established in Article 25.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 25.04, 25.05, or 25.06.

  • Merit Increases Merit increases shall be based on satisfactory service. Employees shall be eligible for in-range merit increases on their established anniversary date until such time they have reached the top step of the classification in which they are employed. The eligibility date, for the purpose of this section, shall be the date upon which the employees are granted their first in-range merit increase to the next step of their pay range. This eligibility date may be changed as a result of the timing of future in-range merit increases, promotions or reclassifications.

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage. 2. Each calendar year, in principle before 1 July, the CLA parties shall conduct talks on the adjust- ment of the (other) amounts shown in the salary table (column I, job grades 4 up to and including 6, column II and III) in article 28(2) of the CLA from 1 July of that year. 3. If an adjustment of the salary table (column I, job grades 4 up to and including 6, columns II and III) is agreed pursuant to paragraph 2 of this article, this will be applied as follows: a. The salary table (column I, job grades 4 up to and including 6, columns II and III) will be increased by the agreed percentage and b. the actual wage of the temporary agency worker will be increased by the agreed percentage from the agreed date.

  • Pay Increases The District shall make a lump sum payment of an agreed-upon retroactive wage increase resulting from this contract or any amendments thereto within ninety (90) days of the agreement between the District and the Association.

  • Commitment Increase (a) Subject to the terms and conditions set forth herein, the Borrower shall have the right, without the consent of the Lenders, to cause an increase in the Commitments of the Lenders (a “Commitment Increase”) by adding to this Agreement one or more additional lenders that are not already Lenders hereunder and that are reasonably satisfactory to the Administrative Agent, the Swingline Lender and each Issuing Bank (not to be unreasonably withheld, delayed or conditioned) (each, a “CI Lender”) or by allowing one or more existing Lenders to increase their respective Commitments; provided that (i) no Event of Default shall have occurred and be continuing as of the relevant Commitment Increase Effective Date, (ii) no such Commitment Increase shall be less than $25,000,000, unless the Administrative Agent otherwise consents to a smaller amount (iii) the aggregate amount of all such Commitment Increases shall not exceed $750,000,000, (iv) no Lender’s Commitment shall be increased without such Lender’s prior written consent (which consent may be given or withheld in such Lender’s sole and absolute discretion), (v) upon any increase in the Commitments pursuant to this Section 2.02, the Multicurrency Commitments of the Lenders shall be adjusted to reflect all Lenders’ (including any CI Lender’s) Applicable Percentage of the Multicurrency Commitments at such time and (vi) if, on the effective date of such increase, any Loans have been funded, then the Borrower shall be obligated to pay any breakage fees or costs that are payable pursuant to Section 2.16 in connection with the reallocation of such outstanding Loans; provided further that no Commitment Increase shall increase the Alternative Currency LC Sublimit or the total Multicurrency Commitments without the consent of each Lender. (b) The Borrower shall provide the Administrative Agent with written notice (a “Notice of Commitment Increase”) in the form of Exhibit B attached hereto of its intention to increase the Commitments pursuant to this Section 2.02. Each such Notice of Commitment Increase shall specify (i) the proposed effective date of such Commitment Increase (each such date, a “Commitment Increase Effective Date”), which date shall be no earlier than five (5) Business Days after receipt by the Administrative Agent of such Notice of Commitment Increase, (ii) the amount of the requested Commitment Increase (provided that after giving effect to such requested Commitment Increase, the aggregate amount of all Commitment Increases does not exceed the amount set forth in subsection (a)(iii) above), (iii) the identity of each CI Lender or Lender that has agreed in writing to increase its Commitment hereunder, and (iv) the amount of the respective Commitments of the then existing Lenders and the CI Lenders from and after the Commitment Increase Effective Date. (c) On each Commitment Increase Effective Date, to the extent that there are Loans outstanding as of such date, (i) each CI Lender shall, by wire transfer of immediately available funds, deliver to the Administrative Agent such CI Lender’s New Funds Amount, which amount (A) shall be denominated in the same currency as such outstanding Loans and (B) for each such CI Lender, shall constitute Loans made by such CI Lender to the Borrower pursuant to this Agreement on such Commitment Increase Effective Date, (ii) each existing Lender that has agreed to increase its Commitment shall, by wire transfer of immediately available funds, deliver to the Administrative Agent such Lender’s New Funds Amount, which amount (A) shall be denominated in the same currency as such outstanding Loans and (B) for each such Lender, shall constitute Loans made by such Lender to the Borrower pursuant to this Agreement on such Commitment Increase Effective Date, (iii) the Administrative Agent shall, by wire transfer of immediately available funds, pay to each then Reducing Percentage Lender its Reduction Amount, which amount, for each such Reducing Percentage Lender, shall constitute a prepayment by the Borrower pursuant to Section 2.11, ratably in accordance with the respective principal amounts thereof, of the principal amounts of all then outstanding Loans of such Reducing Percentage Lender, and (iv) the Borrower shall be responsible to pay to each Lender any breakage fees or costs that are payable pursuant to Section 2.16 in connection with the reallocation of any outstanding Loans. (d) For purposes of this Section 2.02 and Exhibit B, the following defined terms shall have the following meanings: (i) “New Funds Amount” means the amount equal to the product of a Lender’s increased Commitment or a CI Lender’s Commitment (as applicable) represented as a percentage of the aggregate Commitments after giving effect to any Commitment Increase, times the aggregate principal amount of the outstanding Loans immediately prior to giving effect to such Commitment Increase, if any, as of any Commitment Increase Effective Date (without regard to any increase in the aggregate principal amount of Loans as a result of borrowings made after giving effect to such Commitment Increase on such Commitment Increase Effective Date); (ii) “Reducing Percentage Lender” means each then existing Lender immediately prior to giving effect to any Commitment Increase that does not increase its respective Commitment as a result of such Commitment Increase and whose relative percentage of the Commitments shall be reduced after giving effect to such Commitment Increase; and (iii) “Reduction Amount” means the amount by which a Reducing Percentage Lender’s outstanding Loans decrease as of any Commitment Increase Effective Date (without regard to the effect of any borrowings made on such Commitment Increase Effective Date after giving effect to the Commitment Increase occurring on such Commitment Increase Effective Date).

Most Referenced Clauses

Most Referenced Definitions