Employee Incentive Programs. Members shall be eligible for employee incentive programs (e.g. Personal Computer Purchase Program, Wellness Program incentives/awards, etc.) offered to other non-bargaining unit employees of the City. Eligibility to participate in these incentive programs and receipt of any awards through these programs shall be governed by the written program rules, regulations, and requirements as approved by the City Manager.
Employee Incentive Programs. Members of the bargaining unit shall be eligible for employee incentive programs offered to other non-bargaining unit employees of the City. This article is not intended and does not apply to programs that are part of a compensation, benefits, or economic package. Eligibility to participate in these incentive programs and receipt of any awards through these programs shall be governed by the written program rules, regulations, and requirements as approved by the City Manager.
Employee Incentive Programs. Sec. 3401 NEW HIRE INCENTIVE: Effective January 22, 2023, upon agency head recommendation and with the approval of the CEO or his/her designee, an employee who is newly hired may receive a one-time New Hire Incentive of up to ten percent (10%) of the newly hired employee's current annual base wage. For purposes of this provision, "newly hired" means the employee was appointed from an open competitive recruitment and may not be a current employee or may not have been previously employed by the County of Ventura within the preceding 12 months. Further, the employee shall not be qualified for the benefits of this section if said employee received any other new hire incentive. Subsequent to the aforementioned recommendation and approval, to be eligible to receive the New Hire Incentive, the employee must sign a written agreement, acknowledging and agreeing to the repayment stipulations including paycheck deductions for repayment the New Hire Incentive. The incentive will be paid in one lump sum within two (2) pay periods of the recommendation and approval and submission of the required documentation and is subject to state and federal taxes, as well as any applicable payroll deductions. An employee who received the New Hire Incentive must maintain employment within the County of Ventura agency that originally hired said employee and remain in a IUOE represented classification for a minimum of 4,160 compensable hours from the date of hire. If the employee is unable to satisfy the 4,160-hour requirement due to voluntary or involuntary separation, the employee is responsible for re- payment of the New Hire Incentive that was paid as follows: Compensable Hours Completed Pro-rata Repayment Within the probationary period 100% After probation period but before 4,159 50% Sec. 3402 EMPLOYEE REFERRAL INCENTIVE: Effective January 22, 2023, with the approval of the Director-Human Resources, employees shall be eligible to receive the Employee Referral Incentive. Employees who meet the below specified requirements will be eligible to receive a gross amount of five hundred dollars ($500) per employee referral for classifications designated as eligible for the Employee Referral Incentive. There is no limit to the number of Employee Referral Incentive payments any one employee may receive. The Director- Human Resources or his/her designee shall determine which positions are eligible to receive the Employee Referral Incentive. The Employee Referral Incentive will be paid in o...
Employee Incentive Programs. Sec. 2901
Employee Incentive Programs. Upon consummation of the Merger, AUGI's Board of Directors shall promptly take all necessary steps in order to make other key employees of the Surviving Corporation (excluding the Principal Stockholders) eligible to participate in AUGI's stock option and related employee compensation plans available to employees of AUGI at similar management levels, as the same may exist from time to time, upon such terms and conditions as AUGI's Board of Directors may determine. Options for at least 200,000 shares of AUGI Common Stock shall be available for future grant and issuance pursuant to such plans at the outset of eligibility for participation by such key employees of the Surviving Corporation. Such stock options shall provide, inter alia, (a) terms of between three and five years, (b) exercise prices equal to the closing price of AUGI Common Stock, as traded on NASDAQ National Market or other national securities exchange on the date of grant, (C) annual vesting in percentages ranging from 20% to 33-1/3% per annum, and (d) a requirement that any vested options not exercised will terminate unless exercised within 90 days following termination of employment of such employee for any reason.
Employee Incentive Programs. The Company, through the Task Force, agrees to implement incentive programs which reward employees for suggestions or job performance which increase the efficiency and productivity of the Company.
Employee Incentive Programs. Subject to the restrictions of Section 16, PrivilegeONE may provide an incentive program for employees of Dealer who are in a position to administer the Program. Employee incentive rewards will be based on actual account openings and are subject to change in form and content, without notice, at the sole discretion of PrivilegeONE and Issuer. PrivilegeONE and Issuer may, from time to time, provide additional incentives to support the overall success of the Program. Such incentives programs may be taxable under the Applicable Law, and PrivilegeONE reserves the right to withhold such amounts as may be required for this purpose.
Employee Incentive Programs
