Promotion to Staff Designer Sample Clauses

Promotion to Staff Designer. Employees in positions classified as Senior Designer may, at the sole discretion of the Company, be promoted to positions at the Staff Designer level either as a result of their having applied on a job posting and been accepted or as a result of management's assessment of the level of the work being performed by the employee during the performance appraisals conducted for twelve (12) month periods of service in the bargaining unit provided that the employee meets or exceeds the qualifications set out in Article 42.10 hereof.

Promotion to Staff Designer. Employees in positions classified as Senior Designer may, at the sole discretion of the Company, be promoted to positions at the Staff Designer level as a result of their having applied to a job posting and been accepted or as a result of the Company's assessment of the level of the work being performed by the Employee during the performance appraisals conducted for twelve (12) month periods of service in the bargaining unit provided that the Employee meets or exceeds the qualifications set out in Article below. In order to be advanced to a position at the Staff Designer level, the Employee must have: a three (3) year diploma in engineering technology or a Bachelor of Technology degree in engineering technology or design; or, in the case of Employees lacking formal qualifications in engineering technology or design, the Company may, in its sole discretion, determine that the Employee has a combination of education, experience and demonstrated skills equivalent to the formal qualification; and, ten or more year's acceptable experience working in engineering design subsequent to graduation; and, three (3) or more year's experience with the Company in a Senior Designer position. VARIABLE PAYMENT PLAN Overview Variable payments are part of the total compensation package. The objective of providing variable payments is to directly link individual performance rewards to the Company’s and the individual’s performance. performance is based upon the planned versus actual targets. The individual’s performance is based on demonstrated performance during the same year for which the Company’s performance is being measured. Within one month of approval of the annual business plan by executive management, or as soon thereafter as is reasonably practicable, the Company shall communicate the performance targets to the Employees. All Employees whose performance Meets Expectations or better are eligible to receive variable payments, regardless of salary or placement in the relative salary scale. Such payments are paid as one-time awards and are not added to the Employee’s base salary. Employees whose performance is summarized as Needs Some Improvement are eligible to receive a payment under this plan, solely at the Company’s discretion. The total variable payment amount awarded to these Employees will also be solely at the Company’s discretion. The individual’s assessed performance for the Company’s performance year shall be used for purposes of determining the individual pe...