Training incentive definition

Training incentive means an annual lump sum award, the amount of which is adjusted in accordance with the Consumer Price Index pursuant to KRS 132.590(3)(c).
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Examples of Training incentive in a sentence

  • Training incentive programme (subsection (1) – “cost of training” definition; subsections (4) and (5)) a.

  • Section 43.1 Training incentive payment shall be paid to eligible employees on a per hour basis as established below.

  • The monthly salary ranges of each classification in the unit, including any applicable Peace Officers Standards and Training incentive pay, shall be as provided below: Police Sergeants must possess the Intermediate Peace Officers Standards and Training Certificate as a requirement for the position.

  • Thematic analysis was used to analyze the data obtained through the interview which lead to the emergence of three dominant issues that could be adopted to curb the vulnerability of Almajir through vocational skill training in construction crafts- Societal reorientation, Stakeholders collaboration, Training, incentive and empowerment.

  • Training incentive programme (subsection (1)(“cost of training” definition; subsections (4) and (5)) a.

  • Training incentive pay in the amount of FORTY-ONE AND 55/100 DOLLARS ($41.55) per biweekly pay period shall be paid for the successful completion of education, training and experience requirements resulting in the attainment of an intermediate certification issued by the Texas Commission on Fire Protection for members of the Fire Department.

  • Training incentive pay in the amount of SEVENTY-THREE AND 86/100 DOLLARS ($73.86) per biweekly pay period shall be paid for successful completion of education, training and experience requirements resulting in the attainment of an advanced certification issued by the Texas Commission on Fire Protection for members of the Fire Department.

  • DCF changed the Vocational Training incentive payment limit from one claim per lifetime to one claim per rolling 12-month period.

  • Training, incentive, and work instruction have the same weight and could bring more productivity for the team.

  • If payments exceed actual training expenses, treat the difference as unearned income.[Refer to WIA Payments section 25.4.17] for treatment of WIA payments to a child.] • Training incentive payments and work allowances under ongoing manpower programs other than WIA.

Related to Training incentive

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Bonus means the bonus described in the Section 2.3.

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Target Bonus means the target Bonus established for Executive, whether expressed as a percentage of Base Salary or a dollar amount.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Performance Indicators means the indicators for Project monitoring and evaluation set forth in the Operational Manual.

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • AIP means the Nucor Corporation Senior Officers Annual Incentive Plan and any successor plan.

  • Tax Incentive has the meaning set forth in Section 3.13(g).

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Number of Employees enter the total number of Employees in the employment category employed to provide services under the Contract during the report period, including part time Employees and Employees of subcontractors.