Workforce Retention Incentive Sample Clauses

Workforce Retention Incentive. The BEDC agrees to pay Company a Workforce Retention Incentive not to exceed Ten Thousand Dollars and No/100ths ($10,000.00) to incentivize Company to pay wages to workers who are unable to work because the Company’s restaurant or a portion of its restaurant business was closed to the public for the purpose of completing work on the Project. To qualify for the Workforce Retention Incentive, Company shall make a request in writing to the BEDC, after the Project is completed, and provide a report with appropriate documentation detailing Company’s efforts to continue to pay employee wages while the restaurant was closed to complete work on the Project. The BEDC shall pay the Workforce Retention Incentive in an amount not to exceed Ten Thousand Dollars and No/100ths ($10,000.00) within 30 days of Company submitting a written request and appropriate documentation.
Sample 1
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Workforce Retention Incentive 
Sample 1

Related to Workforce Retention Incentive

  • Education Incentive A. The following monthly education incentive pay will be paid to each employee upon completing the listed degree and providing proof of completion to the Agency. Associate Degree Two percent (2%) Bachelor Degree Four percent (4%)

  • WORKFORCE REDUCTION In the event that funding reductions or shortfalls in funding occur in a department or are expected, which may result in layoffs, the department will notify the union and take the following actions:

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Longevity Compensation SECTION 19.1 Longevity payments will be made to all employees with continuous full-time service according to the following schedule:

  • REDUCTION IN FORCE (RIF If the Board determines it necessary to reduce the number of teaching positions, the following procedures shall apply: A RIF may occur for the reasons set forth in Ohio Revised Code 3319.17, as well as for curriculum changes and/or financial reasons.

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