Common use of Retention Incentive Clause in Contracts

Retention Incentive. ● The City of Golden Valley will pay a $3,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on October 1, 2022; • have worked at least 30 shifts between June 22, 2022 and October 1, 2022; and • have not been subject to discipline that results in termination or suspension between June 22, 2022 and October 1, 2022. ● The City of Golden Valley will pay a second $2,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on July 1, 2023; • have worked at least 117 shifts as a sworn officer between October 1, 2022 and July 1, 2023; and • have not been subject to discipline that results in termination or suspension between October 1, 2022 and July 1, 2023. ● The City of Golden Valley will pay a third $5,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on December 31, 2023; • have worked at least 48 shifts as a sworn officer between July 1, 2023 and December 31, 2023; and • have not been subject to discipline that results in termination or suspension between July 1, 2023 and December 31, 2023. If the employee resigns or is released from employment prior to any of the dates for the payments, the employee shall not receive any Retention Incentive payments due after the employee's resignation or termination date. Employees that are the subject of an internal affairs investigation are eligible for Retention Incentive pay at the conclusion of the investigation provided they meet all of the requirements described above. Employees on a leave of absence, whether paid or unpaid, are eligible for Retention Incentive pay upon return to work provided they meet the all of the requirements described above.

Appears in 2 contracts

Samples: Labor Agreement, Labor Agreement

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Retention Incentive. ● The City of Golden Valley will pay a $3,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on October 1, 2022; • have worked at least 30 shifts between June 22, 2022 and October 1, 2022; and • have not been subject to discipline that results in termination or suspension between June 22, 2022 and October 1, 2022. ● The City of Golden Valley will pay a second $2,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on July 1, 2023; • have worked at least 117 shifts as a sworn officer between October 1, 2022 and July 1, 2023; and • have not been subject to discipline that results in termination or suspension between October 1, 2022 and July 1, 2023. ● The City of Golden Valley will pay a third $5,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on December 31, 2023; • have worked at least 48 shifts as a sworn officer between July 1, 2023 and December 31, 2023; and • have not been subject to discipline that results in termination or suspension between July 1, 2023 and December 31, 2023. If the employee resigns or is released from employment prior to any of the dates for the payments, the employee shall not receive any Retention Incentive payments due after the employee's resignation or termination date. Employees that are the subject of an internal affairs investigation are eligible for Retention Incentive pay at the conclusion of the investigation provided they meet all of the requirements described above. Employees on a leave of absence, whether paid or unpaid, are eligible for Retention Incentive pay upon return to work provided they meet the all of the requirements described above.. For the City For Law Enforcement Labor Service, Local #27 3/9/2023 Xxx Xxxxxx, Business Agent Xxxxxxx X. Xxxxxxxxxx, City Manager 3/9/2023 For Law Enforcement Labor Service, Local #304 For Law Enforcement Labor Service, Local #485 Xxxx Xxxxxxxx, Business Agent Xxxxx Xxxx, Business Agent 3/9/2023 3/10/2023 Additional MOU’S Additional MOU’S 9th

Appears in 1 contract

Samples: Labor Agreement

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Retention Incentive. ● The City of Golden Valley will pay a $3,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on October 1, 2022; • have worked at least 30 shifts between June 22, 2022 and October 1, 2022; and • have not been subject to discipline that results in termination or suspension between June 22, 2022 and October 1, 2022. ● The City of Golden Valley will pay a second $2,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on July 1, 2023; • have worked at least 117 shifts as a sworn officer between October 1, 2022 and July 1, 2023; and • have not been subject to discipline that results in termination or suspension between October 1, 2022 and July 1, 2023. ● The City of Golden Valley will pay a third $5,000 Retention Incentive lump sum to all licensed peace officers who • are in active payroll status (not unpaid leave status) on December 31, 2023; • have worked at least 48 shifts as a sworn officer between July 1, 2023 and December 31, 2023; and • have not been subject to discipline that results in termination or suspension between July 1, 2023 and December 31, 2023. If the employee resigns or is released from employment prior to any of the dates for the payments, the employee shall not receive any Retention Incentive payments due after the employee's resignation or termination date. Employees that are the subject of an internal affairs investigation are eligible for Retention Incentive pay at the conclusion of the investigation provided they meet all of the requirements described above. Employees on a leave of absence, whether paid or unpaid, are eligible for Retention Incentive pay upon return to work provided they meet the all of the requirements described above.. For the City For Law Enforcement Labor Service, Local #27 3/9/2023 Xxx Xxxxxx, Business Agent Xxxxxxx X. Xxxxxxxxxx, City Manager 3/9/2023 For Law Enforcement Labor Service, Local #304 For Law Enforcement Labor Service, Local #485 Xxxx Xxxxxxxx, Business Agent Xxxxx Xxxx, Business Agent

Appears in 1 contract

Samples: Labor Agreement

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