Good Time Keeping Bonus Clause Samples
The Good Time Keeping Bonus clause establishes a financial incentive for employees who consistently adhere to their scheduled work hours and demonstrate punctuality. Typically, this clause outlines specific criteria such as arriving on time, minimal absences, or not exceeding a set number of late arrivals within a pay period, and rewards qualifying employees with a bonus payment. Its core practical function is to encourage reliable attendance and punctuality, thereby promoting workplace efficiency and reducing disruptions caused by tardiness or absenteeism.
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Good Time Keeping Bonus. A good time keeping bonus ("GTB") of 10% of the Associate's average pay for the day will be paid to all permanent Associates if the Associate clocks on ready to start work on or before their nominated starting time. GTB in all cases applies to paid hours. GTB will be paid for statutory holidays, annual leave, long service leave and for periods of certified jury service or community service volunteer work, days on which an Associates is away from their normal place of work on Company business where the Associate's name and contact information appears on a Travel Advice. GTB will not be paid for any other absence.