Ratification Bonus. Effective the first full pay period of July 2018, or in the first full pay period following adoption of this Agreement, whichever is later, Regular Hire full-time employees whose combined annual compensation, inclusive of base wages and any form of cash back and exclusive of overtime, is less than $90,000, shall receive a one-time, non-pensionable payment of $1,000. This amount will be prorated for Regular Hire part-time employees based on the part-time employee’s FTE. Effective the first full pay period of July 2018, or in the first full pay period following adoption of this Agreement, whichever is later, Regular Hire full-time employees whose combined annual compensation, inclusive of base wages and any form of cash back and exclusive of overtime, is equal to or greater than $90,000, shall receive a one-time, non-pensionable payment of $500. This amount will be prorated for Regular Hire part-time employees based on the part-time employee’s FTE. Effective the first full pay period of July 2018, or in the first full pay period following adoption of this Agreement, whichever is later, Contingent Hire employees who do not have a Regular Hire appointment will receive the following one-time payment based on hours worked in the July 1, 2017-June 30, 2018 fiscal year: 1,000 hours or more but less than 1,800 hours: $250 1,800 hours or more: $500
Ratification Bonus. A lump sum cash payment in the amount of $1,000, pro-rated for other than full-time employees, shall be payable as soon as practicable upon ratification of the Agreement to those employees who are on payroll as of the date of ratification. The lump sum cash payment shall be pensionable, consistent with applicable law.
Ratification Bonus. Each regular full-time employee on the payroll as of the date of ratification will receive a single $1,000 lump sum contract ratification bonus. Each part-time employee on the payroll as of the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013.
Ratification Bonus. Upon ratification of this agreement by the bargaining unit and the Employer, each bargaining unit employee will receive a one-time ratification bonus of $500.00.
Ratification Bonus. Upon ratification of this contract on first vote, each employee in the 4 bargaining unit will receive a payment of $2000 and shares of Spirit stock at a value of $1500 at the 5 time of award within forty-five (45) days from the effective date of this contract. 6
Ratification Bonus. For all employees on the active payroll as of May 15, 2016, and who are also on the active payroll as of the date of payment, there will be a ratification bonus of $700 based on full-time FTE. For example, a 1.0 FTE shall receive a bonus of $700, a 0.5 FTE shall receive a bonus of $350, and so on. Reserve nurses shall receive a bonus based on 0.2 FTE ($140). The bonus will be paid within two pay periods of ratification. For nurses on the active payroll as of the date of ratification, there will be a ratification bonus paid to each nurse equivalent to two percent (2%) of the regular rate of pay for all hours compensated at the regular rate of pay or higher from and including May 16, 2013 through and including the date of ratification. The bonus will be paid according to Article 8.2.
Ratification Bonus. Upon ratification of this Agreement by RPEA and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first full pay period for the fiscal year 2014/15. The ratification bonus is taxable and all regular payroll taxes will be withheld unless deferred into a 457 account.
Ratification Bonus. (a) Each regular full-time employee on the Company payroll as of the date of ratification of this 2022 Extension Agreement will receive a single $500 lump sum contract ratification bonus. Each regular part-time employee on the payroll as of the date of ratification of this 2022 Extension Agreement will receive a prorated ratification bonus based on what their part-time classification (or “part- time equivalent work week”) was on the ratification date. These ratification bonuses are contingent on the 2022 Extension Agreement being ratified by January 20, 2022. The Company will pay this bonus as soon as practicable following ratification, subject to normal wage withholdings and deductions.
Ratification Bonus. Effective upon ratification of the contract, each bargaining unit registered nurse shall receive a $3,000 retention bonus.
Ratification Bonus. Upon successful ratification of this agreement the following one time bonuses to employees eligible for benefits shall be made based on the hire dates as outlined below: Hire Date Payment Per Person 1995-2008 $460 2009-2012 $340 2013-2017 $300 2018-2021 $100
