Productivity Payment Sample Clauses

Productivity Payment. 4.3.1 In addition to the Minimum Price, a Productivity Payment will be paid monthly by ACM to Supplier if the Supplier meets the conditions for payment set out below. 4.3.2 The Productivity Payment will be paid based on the volume of Milk which the parties, acting reasonably anticipate will be supplied under this Agreement throughout the Term as set out in the following table: Total Volume of Milk supplied per annum as compared with immediately preceding 12 months commencing 1 July in each year 0 to 1 million litres > 1 - 2 million litres > 2 – 3 million litres > 3 - 4 million litres > 4 - 5 million litres > 5 - 6 million litres > 6 million litres Productivity Payment per litre zero 0.5 cents 1 cent 1.5 cents 2 cents 2.5 cents 3 cents 4.3.3 The assessment of whether, and if so how much Productivity Payment should be paid to Supplier will be made with regard to the total amount of Milk supplied by Supplier to ACM during the year immediately prior to the Commencement Date of this Agreement. If the Supplier did not supply Milk to ACM during the year immediately prior to the Commencement Date of this Agreement, an assessment of whether and if so how much Productivity Payment should be paid to Supplier will be determined by ACM, acting reasonably and in consultation with Supplier, estimating what will be the total amount of Milk to be supplied under this Agreement during the Term.
AutoNDA by SimpleDocs
Productivity Payment. 4.3.1 In addition to the Minimum Price, a Productivity Payment will be paid monthly by ACM to Supplier if the Supplier meets the conditions for payment set out below. 4.3.2 The Productivity Payment will be paid based on the volume of Milk which the parties, acting reasonably anticipate will be supplied under this Agreement throughout the Term as set out in the following table: Productivity Payment per litre zero 0.5 cents 1 cent 1.5 cents 2 cents 2.5 cents 3 cents 4.3.3 The assessment of whether, and if so how much Productivity Payment should be paid to Supplier will be made with regard to the total amount of Milk supplied by Supplier to ACM during the year immediately prior to the Commencement Date of this Agreement. If the Supplier did not supply Milk to ACM during the year immediately prior to the Commencement Date of this Agreement, an assessment of whether and if so how much Productivity Payment should be paid to Supplier will be determined by ACM, acting reasonably and in consultation with Supplier, estimating what will be the total amount of Milk to be supplied under this Agreement during the Term.
Productivity Payment. 4.5.1 In addition to the Minimum Price or the ACM2 Price (as applicable), a Productivity Payment will be paid monthly by ACM to Supplier if the Supplier meets the conditions for payment set out below. 4.5.2 The Productivity Payment will be paid based on the volume of Milk which the parties anticipate will be supplied under this Agreement throughout the Term as set out in the following table: Total Volume of Milk supplied over 2023/24 0 to 1 million litres > 1 - 2 million litres > 2 – 3 million litres > 3 - 4 million litres > 4 - 5 million litres > 5 - 6 million litres > 6 million litres Productivity Payment per litre Zero 0.5 cents 1 cent 1.5 cents 2 cents 2.5 cents 3 cents 4.5.3 Calculation of any applicable Productivity Payment will be made on the basis of the total amount of Milk supplied by Supplier to ACM during the 2023/2024 financial year. If the Supplier did not supply Milk to ACM during the 2023/2024 year, calculation of any applicable Productivity Payment will be made on the basis of what ACM, acting reasonably and in consultation with Supplier, estimates will be the total amount of Milk to be supplied under this Agreement during the Term.
Productivity Payment. An Employee will receive a productivity payment as set out in Appendix C for each productive hour worked, to provide incentive and in recognition of improved productivity performance during the operation of this Agreement. For the avoidance of doubt, this allowance will be in lieu of any special rates or allowances included in the Building and Construction General On-Site Award 2020 or any other Modern Award or industrial instrument, other than those specifically included in this Agreement. This productivity payment is a flat payment and will not be subject to any premium or penalty . This productivity payment is not payable when Employee(s) leave site due to inclement weather, or are on any type of leave, whether paid or not paid (e.g. annual leave, personal leave, jury duty, leave without pay, community service leave, parental leave or compassionate leave), or have been suspended with pay, or are absent for any other reason, including RDOs, public holidays, absence due to a work-related injury, or are engaged in any form of industrial action.
Productivity Payment a) An Employee will receive a productivity payment as set out in Appendix C for each productive hour worked, to provide incentive and in recognition of improved productivity performance during the operation of this Agreement. b) For the avoidance of doubt, unless otherwise specified in this Agreement, this allowance will be in lieu of any special rates or allowances (however described) included in the BCGOA or any other Modern Award or any other industrial instrument. c) This productivity payment is a flat payment and will not be subject to any premium or penalty and will remain fixed and in place for the duration of this Agreement. d) This productivity payment is not payable when Employee(s) leave site due to inclement weather, or are on any type of leave, whether paid or not paid (e.g. annual leave, personal leave, jury duty, leave without pay, community service leave, parental leave or compassionate leave), or have been suspended with pay, or are absent for any other reason, including RDOs, public holidays, absence due to a work- related injury, or are engaged in any form of industrial action.
Productivity Payment. 14.3.1 During the life of the Agreement, the Company and Consultative Committee may agree measures for the operation of a Productivity bonus to be paid to employees. The nature of such measures and bonus will be subject to agreement of both parties and will be self funding in nature.
Productivity Payment. 18.1 Subject to clause 18.3 and 18.4, all employees will receive a $750 productivity payment (pro rata for part time employees) on the pay day following the first full pay period after commencement of the Agreement. 18.2 The pro rata calculation will be based on a part time employee’s ordinary hours of work on 7 July 2011. Where a part time employee commenced employment with the ABS after 7 July 2011, the pro rata calculation will be based on the employee’s ordinary hours of work as at their date of commencement. 18.3 Employees who have been on continuous leave without pay or temporary transfer to another APS agency from 7 July 2011 until commencement of the Agreement are ineligible to receive the productivity payment. Personal, Maternity and/or Adoption leave without pay will not be treated as leave without pay for the purpose of determining eligibility for the productivity payment. 18.4 Non-ongoing employees must have been employed continuously by the ABS from 7 July 2011 to be eligible to receive the productivity payment.
AutoNDA by SimpleDocs
Productivity Payment. 19.1. In addition to the guaranteed minimum hourly working rates contained in Schedule A of this Agreement, the Company may provide a productivity payment to an Employee who attends for work which recognises: (a) the experience and skills of the individual Employee; and (b) the productivity and performance that is demonstrated on the job. 19.2. The productivity payment will be established between the Company and an individual Employee, and may be varied from time to time as determined by the Company. It is agreed that the productivity rate does not form part of the guaranteed minimum hourly working rate or ordinary time rate of pay.
Productivity Payment. 22.1.1 All Employees except casual Employees who receive a salary on 4 May 2009, together with Employees absent during the first 52 weeks of parental leave, will receive a lump sum productivity payment of 0.8% of an Employee’s annual salary as at 4 May 2009. Employees who have been on higher duties for 12 continuous months or longer at 4 May 2009 will receive the productivity payment based on their higher rate.
Productivity Payment. 3.4.1 In any week where you are ready, willing and available to work in accordance with the company’s lawful requirements and in particular, strictly following the procedures for resolving disputes provided in Subclause 5.15 of this Agreement, an additional payment of $165.00 per completed week of service on site shall be accrued and paid out on completion of your employment on the project. 3.4.2 In any week in which you engage in any form of industrial action you shall forfeit the payment in full. 3.4.3 The allowance shall also be forfeited on a pro rata basis with respect to any other unauthorised absences. Further, where you commence or terminate employment during the week you shall only accrue a pro rata entitlement for those days you worked on site within that week. 3.4.4 For the purpose of pro rata entitlements under this clause, the allowance will be calculated at the rate of $ 23.60 per day.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!