Sick Day Incentive Sample Clauses

Sick Day Incentive. Any employee who does not use sick time in a semester shall be awarded an additional half (1/2) day of personal leave. This time can be used at the employee’s discretion within the guidelines of Article 15, Section G-2.
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Sick Day Incentive. Employees with perfect attendance during a fiscal year, July 1 through June 30, shall receive an incentive by having two (2) vacation days added to their vacation allowance the following year pursuant to the following provisions: 1) Perfect attendance shall be defined as no deduction to the sick leave allotment for the school year July 1 through June 30. 2) The vacation days must be taken for the year awarded at a time when school is not in session. 3) Notification must be provided no less than two (2) weeks in advance of using the days. 4) Failure to use the additional days within the year awarded will result in the loss of the days.
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Sick Day Incentive. Transportation Department members may earn and accumulate compensation days each semester in accordance with the following schedule: 0 sick days used = 1.0 compensation day 1 sick day used = .5 compensation day Compensation days will be reimbursed at the member’s regular daily rate. A list will be managed by the Transportation Supervisor to verify sick/compensation/personal days. Drivers may earn and accumulate compensation days each semester in accordance with the following schedule: 0 sick days used 1.0 day earned 1 sick day used 0.5 day earned
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Sick Day Incentive. Employees who work 65 consecutive days without a deduction from the sick bank or an unpaid day are eligible for one additional day of vacation time or a stipend of $175. In addition an employee with perfect attendance (no deductions from sick bank and no unpaid absence from July 1 through June 30) will earn an additional vacation day at the end of the school year.
Sample 1
Sick Day Incentive. Annual incentive payments will be paid by the first pay period of the following August in accordance with the schedule defined below: If one (1) sick day is used $500.00 If two to four (2-4) sick days used $300.00 If five to six (5-6) sick days used $100.00
Sample 1
Sick Day Incentive. As an attempt to assist in acknowledging the value of the classroom teacher and regular attendance and the importance of their attendance in assisting students with daily responsibilities, and that under no circumstance does a substitute teacher replace the value of the classroom teacher, the Bellaire Board of Education agrees to the following plan: The Board agrees to pay the employee meeting the following criteria, the amounts of money identified. 1. Employees with 0 days of sick leave = $200.00 2. Employees with 1 day sick leave = $120.00 3. Employees with 2 days sick leave = $ 80.00 4. Employees with 3 days sick leave = $ 40.00 Partial days are counted as full days for this article only. Employees who have used no personal leave or sick leave days in their assigned school calendar and supplemental contract days will receive $500.00 for perfect attendance. Use of one (1) personal leave day will negate the entire personal leave provision. NO EXCEPTIONS EXCEPT JURY DUTY It is to be identified that this plan includes requests that require the Board of Education to make replacement pay for employees for any part of the day in which student class time coverage is required. An example would be a teacher requesting first period because of a dental appointment and the replacing teacher is paid for that period coverage, the absence will count as part of sick leave or personal leave use and would in fact eliminate perfect attendance. ABSENCE FROM SCHEDULED STUDENT CLASS TIME, EVEN WHEN NO REPLACEMENT COST IS NECESSARY STILL COUNTS AS AN ABSENCE AND THE APPROPRIATE LEAVE FORM MUST BE COMPLETED. Extended day responsibilities will be met at the approval of the building principal and superintendent. Absence requested by the administration will not be counted against the employee. EXAMPLE: Curriculum Committee, Competency Committee, Administration Meetings, etc. APPROVED PROFESSIONAL LEAVE IS NOT CONSIDERED AN ABSENCE.
Sample 1

Related to Sick Day Incentive

  • Sick Leave Incentive The City will institute a sick leave incentive based on the usage of the bargaining unit; further, the City will pay each person who qualifies during January of each year. The incentive will be calculated and monitored by the Personnel Department and will be based on the pay periods during a calendar year. The incentive shall be awarded only when the bargaining unit's average sick leave usage is less than the City average and the following conditions are met: When the bargaining unit's sick leave usage is greater than forty (40) hours but less than the City average, the City will pay each member using between zero (0) and sixteen (16) hours of sick leave, eight (8) hours pay and any member using more than sixteen (16) but equal to or less than twenty-four (24) hours, four (4) hours pay. When the bargaining unit's average sick leave usage is equal to or less than forty (40) hours, the City will pay each member who used between zero (0) and sixteen (16) hours, sixteen (16) hours of pay at their current hourly rate. Those members who used more than sixteen (16) but equal to or less than twenty-four (24) hours, will receive eight (8) hours of pay.

  • Sick Leave Bonus ‌ For every six (6) months of perfect sick leave attendance after July 1, 1987, the employee will receive eight (8) hours of bonus time. This bonus time will be prorated for part-time employees. Such bonus time can be used for any leave purpose covered by this Agreement. Such bonus time shall be counted as vacation leave credits for purposes of determining eligibility for carry- over and cash payments.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Equity Incentive Compensation Upon the Closing, each incentive award in respect of the common stock of Seller Parent (a “Seller Parent Equity Award”) held by a Transferred Employee shall become vested or eligible to vest (subject to the satisfaction of any applicable performance goals) in a prorated amount, determined based on the number of days in the applicable vesting period elapsed as of the Closing Date. Effective as of the Closing, Purchaser or its Affiliates shall grant to each Transferred Employee an equity- or cash-based incentive award (a “Make-Whole Award”) with a grant date fair value that is no less favorable than the value of the portion of the Seller Parent Equity Awards forfeited by the Transferred Employee in connection with the Closing (which forfeited amount shall be disclosed to Purchaser Parent no later than five (5) Business Days prior to the Closing), which Make-Whole Award shall have terms and conditions that are no less favorable than the terms and conditions (including vesting schedule and accelerated vesting terms) that were applicable to the corresponding Seller Parent Equity Award. In the event that the post-Closing transfer of a Delayed Transfer Employee results in a larger portion of the Seller Parent Equity Awards held by such Delayed Transfer Employee becoming vested upon such Delayed Transfer Employee’s transfer of employment than if the employment of such Delayed Transfer Employee had transferred upon the Closing, then the incremental cost of such additional vesting (which cost shall be measured based on the taxable income the Delayed Transfer Employee either realized or would have realized had such awards been settled or exercised upon such Delayed Transfer Employee’s transfer of employment to Purchaser or its Subsidiaries) shall be considered Purchaser Assumed Employee Liabilities.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

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