Common use of Gain Sharing Program Clause in Contracts

Gain Sharing Program. 17 The Company and Union will continue the current productivity-based incentive plan. This Gain Sharing 18 Program is designed to motivate employees to meet or exceed production goals, established by 19 management, with a payment not to exceed twice their normal weekly pay. Changes in the gain sharing 20 formula, criteria, or structure shall be made at Company discretion after consultation with the Gain 21 Sharing Committee and Business Representative. 22

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Gain Sharing Program. 17 The Company and Union will continue the current productivity-based incentive plan. This Gain Sharing 18 Program is designed to motivate employees to meet or exceed production goals, established by 19 management, with a payment not to exceed twice their normal weekly pay. Changes in the gain sharing 20 formula, criteria, or structure shall be made at Company discretion after consultation with the Gain 21 Sharing Committee and Business Representative. 22.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Gain Sharing Program. 17 2 The Company and Union will continue the current productivity-based incentive plan. This Gain Sharing 18 3 Program is designed to motivate employees to meet or exceed production goals, established by 19 4 management, with a payment not to exceed twice their normal weekly pay. Changes in the gain sharing 20 5 formula, criteria, or structure shall be made at Company discretion after consultation with the Gain 21 6 Sharing Committee and Business Representative. 227

Appears in 1 contract

Sources: Collective Bargaining Agreement