Common use of Bonus Pay Clause in Contracts

Bonus Pay. Each employee shall accumulate bonus pay for each calendar month worked. Bonus pay will be earned on a graduated basis, using the schedule as stated below: If an employee has missed no regularly scheduled work shift during any given month, the employee will earn a bonus of $125 for that month. If an employee has missed only one regularly scheduled work shift during any given month, the employee will earn a bonus of $75 for that month. If an employee has missed two or more regularly scheduled work shifts during any given month, the employee will earn no bonus for that month. In addition to the above schedule, any employee who demonstrates perfect attendance for the contract year will earn an additional bonus of $500. The accumulated pay shall be paid on the payday following the first full week in December of each contract year for all active employees on the seniority roster at that time. Retirees would receive pro-rated bonus pay at the time of retirement. Newly hired employees shall not begin accumulating bonus pay until after their ninety (90) days probationary period. Where an individual is removed from the schedule with advance notice and approval prior to board activation, they shall not be disqualified from attendance bonus pay (i.e., vacation, floating holidays, funeral leave, Leave of Absence, jury duty and union business per Article I, Section 8(A)). Where an individual picks up a shift and later is absent for that shift, it shall count as an absence under this Section.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement