Common use of Top of Band Bonus Clause in Contracts

Top of Band Bonus. (a) An employee who is already at the top increment of the designation in which they are employed; and who is assessed as successfully completing the requirements under clause 43.4 ‘Our Performance Plan’ shall be entitled to a top of band bonus as follows: (i) $1,750 for salary levels up to and including the Band 1 maximum; (ii) $2,250 for salary levels greater than the Band 1 maximum up to and including the Band 2 maximum; (iii) $2,750 for salary levels greater than the Band 2 maximum up to and including the Band 3 maximum; and (iv) $3,250 for salary levels greater than the Band 3 maximum.

Top of Band Bonus. (a) An employee who is already at the top increment of the designation in which they are employed; and who is assessed as successfully completing the requirements under sub-clause 43.4 ‘Our Performance Plan’ 46.3 (Part A) and sub-clause 46.4 (Part B) shall be entitled to a top of band bonus as follows: (i) $1,750 for salary levels up to and including the Band 1 maximum; (ii) $2,250 for salary levels greater than the Band 1 maximum up to and including the Band 2 maximum; (iii) $2,750 for salary levels greater than the Band 2 maximum up to and including the Band 3 maximum; and (iv) $3,250 for salary levels greater than the Band 3 maximum.

Top of Band Bonus. (a) An employee who is already at the top increment of the designation in which they are employed; and who is assessed as successfully completing the requirements under sub-clause 43.4 ‘Our Performance Plan’ 46.3 (Part A) and sub-clause 46.4 (Part B) shall be entitled to a top of band bonus as follows: (i) $1,750 for salary levels up to and including the Band 1 maximum; (ii) $2,250 for salary levels greater than the Band 1 maximum up to and including the Band 2 maximum; (iii) $2,750 for salary levels greater than the Band 2 maximum up to and including the Band 3 maximum; and (iv) $3,250 for salary levels greater than the Band 3 maximum.