Common use of Twelve Month Bonus Clause in Contracts

Twelve Month Bonus. State School Teachers (12 month) and Pupil Services Specialists (12 month) who were employed as of July 1st and remained employed through October 1st shall receive a lump sum payment of five hundred ($500) dollars, Correction Department Vocational Instructors (12 month) shall also be eligible for the lump sum payment under the above conditions.

Appears in 4 contracts

Samples: Education Professions Contract, Education Professions Contract, Employment Agreement

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Twelve Month Bonus. State School Teachers (12 month) and Pupil Services Specialists (12 month) who were employed as of July 1st and remained employed through October 1st shall receive a lump sum payment of five hundred ($500) dollars, Correction Department Vocational Instructors (12 month) shall also be eligible for the lump sum payment under the above conditions. Effective July 1, 2022, this lump sum payment shall be increased to seven hundred fifty ($750) dollars. Effective July 1, 2023, this lump sum payment shall be increased to one thousand ($1,000) dollars.

Appears in 1 contract

Samples: Employment Agreement

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