End-of-year bonus. (1)The Employer shall pay the employee either an End of Year Bonus equivalent to 1/12 of his yearly earnings or a gratuity in accordance with the End of Year Gratuity Xxx 0000, whichever is the higher, where the Employee has been in continuous employment for the whole or part of the year and he is still in employment as at 31 December of that year.
End-of-year bonus. 1. Employees employed at the institution at any point in a calendar year will receive an end-of-year bonus of 8.33%.
End-of-year bonus. The Employer will pay employees an end of year bonus consisting of a base $100 plus $20 for each year of service. This bonus will be paid unless the Village Day Care Society is in deficit on October 31st of current year. The Employer will provide financial records to the Union to verify deficit. moveup
End-of-year bonus. 1. Employees are entitled to an end-of-year bonus of 8.3% of the basis of calculation applicable to the employee. The bonus shall be paid with the salary for December. Employees who leave employment before 1 December are also entitled to an end-of-year bonus. The bonus shall be paid in the month following the month in which the employment ended.
End-of-year bonus. 1. Besides the regular salary, the employee is entitled to a bonus of € 400 gross per year, in the case of a full-time contract. In the case of part-time contracts and contract periods shorter than 12 months, a proportionate amount is applicable.
End-of-year bonus. 21.1 Bonus in lieu of annual leave loading: In lieu of an entitlement to annual leave loading, all employees, other than casuals, shall be entitled to receive an end of year bonus, in addition to other pay, on the last pay-day prior to Christmas each year.
End-of-year bonus. 1. The employee is entitled to a structural end-of-year bonus expressed as a percentage of his annual salary (with respect to which a guaranteed minimum applies) in accordance with the provisions of Appendix A. In the case of part time employment or employment for part of the year, the minimum is adjusted pro rata.
End-of-year bonus. The conditions of granting and paying an end-of-year bonus are governed by the provisions of the applicable CLAs. In the event that the Employee no longer works for the Company when the end-of-year bonus is paid, he is entitled to a bonus that reflects the number of months for which he has worked for the Company in that year.
End-of-year bonus. For July 2005 through June 2006, you shall be eligible for a bonus based on your and the Company’s achievement of goals and objectives as mutually agreed upon by you and the EVP (the “Performance Bonus”) of thirty percent (30%) of your Base Salary. Going forward, your end-of-year Performance Bonus for each year during your tenure at the Company shall be determined by the EVP and the Board of Directors.
End-of-year bonus. (1) The Employer shall, in case he has remained in continuous employment with the Employer for one year, be entitled at the end of that year to a bonus equivalent to 1/12 of his earnings for that year or one month salary, whichever is the higher.
