Incentive Award Programs Sample Clauses
The Incentive Award Programs clause establishes the framework for providing additional compensation or rewards to individuals or groups based on the achievement of specific performance goals or milestones. Typically, this clause outlines the eligibility criteria, the types of incentives available (such as bonuses, stock options, or other benefits), and the process for determining and distributing awards. Its core practical function is to motivate and reward desired behaviors or outcomes, thereby aligning individual or team performance with organizational objectives and encouraging higher productivity.
Incentive Award Programs. Incentive Award Programs shall be implemented as set forth below, to recognize and promote faculty excellence and productivity that respond to and support the mission of the University of Central Florida. The president shall give the final approval for awards to the successful faculty. Regardless of the contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary retroactive to the start of the employment agreement for the academic year in which the award was given. These awards shall be made according to existing criteria and procedures.
(a) UCF-Teaching Incentive Program. The UCF-Teaching Incentive Program (“UCF-TIP”) rewards teaching productivity and excellence. For the 2009-2010 year the University shall award up to forty (40) new UCF-TIP awards (additional awards may be given as a result of rounding, e.g. a college allocated 5.5 awards would round up to 6 awards) in addition to recycled awards.
(b) UCF-Research Incentive Award program. The UCF-Research Incentive Award (“UCF-RIA”) program recognizes outstanding research, scholarly, or creative activity that advances the body of knowledge in a particular field. For the 2009-2010 year the University shall award up to twenty (20) new UCF-RIA awards (additional awards may be given as a result of rounding, e.g. a college allocated 5.5 awards would round up to 6 awards) in addition to recycled awards.
Incentive Award Programs. If in-state, undergraduate tuition increases of 3.0% or more over Fall 2007 levels take effect for the Spring 2008 semester, then Incentive Award Programs shall be implemented as set forth in Paragraphs (a) through (c) (d) below, to recognize and promote employee faculty excellence and productivity that respond to and support the mission of the University of Central Florida. All 20067-20078 Incentive Awards shall be made using the procedures, standards, and criteria used for the 20046-20057 Incentive Awards programs, modified only to reflect date changes and the requirements of this section. The president shall give the final approval for awards to the successful employees. Regardless of the contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary retroactive to the start of the employee’s contract for the academic year in which the award was given. For awards allocated to individual colleges, colleges with fewer than 25 employees shall will be grouped into one unit for the purposes of allocating awards and making award decisions.
(a) UCF-Teaching Incentive Program. The UCF-Teaching Incentive Program (“UCF-TIP”) rewards teaching productivity and excellence. For the 20068-20079 year the University shall award forty (40) new UCF-TIP awards (additional awards may be given as a result of rounding, e.g. a college allocated 5.5 awards would round up to 6 awards) in addition to recycled awards.
(b) UCF-Research Incentive Award program. The UCF-Research Incentive Award (“UCF-RIA”) program recognizes outstanding research, scholarly, or creative activity that advances the body of knowledge in a particular field. For the 20068-20079 year the University shall award twenty (20) new UCF-RIA awards (additional awards may be given as a result of rounding, e.g. a college allocated 5.5 awards would round up to 6 awards) in addition to recycled awards.
Incentive Award Programs. Incentive Award Programs shall be implemented as set forth below, to recognize and promote faculty excellence and productivity that respond to and support the mission of the University of Central Florida. The president shall give the final approval for awards to the successful faculty. Regardless of the contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary retroactive to the start of the employment agreement for the academic year in which the award was given. These awards shall be made according to existing criteria and procedures.
Incentive Award Programs. Incentive Award Programs shall be implemented as set forth in Paragraphs (a) through
Incentive Award Programs. Incentive Award Programs shall be implemented as set forth in Paragraphs (a) through (c) below, to recognize and promote faculty excellence and productivity that respond to and support the mission of the University of Central Florida. All Deleted: 6 Deleted: 2007 2007-2008 Incentive Awards shall be made using the procedures, standards, and criteria used for the 2004-2005 Incentive Awards programs, modified only to reflect date changes and the requirements of this section. The president shall give the final approval for awards to the successful employees. Regardless of the contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary retroactive to the start of the employee’s contract for the academic year in which the award was given. An employee shall be eligible to apply for one of these awards provided that he or she is in his or her fifth or higher year of University employment and meets any specific requirements described below. No employee shall win a particular award more frequently than once every five years. For awards allocated to individual colleges, colleges with fewer than 25 employees will be grouped into one unit for the purposes of allocating awards and making award decisions. All colleges will follow the same application process and use the same standards and criteria for making award decisions. (We think this is a good idea, but what application process and what standards and criteria are you proposing we use? How does this fit with the second full sentence of this paragraph?)
(a) UCF-Teaching Incentive Program. The UCF-Teaching Incentive Program Deleted: 2006 Deleted: 2007 (“UCF-TIP”) rewards teaching productivity and excellence. For the 2007-2008 year the University shall award forty (40) new UCF-TIP awards (additional awards may be given as a result of rounding, e.g. a college allocated 5.5 awards would round up to 6 awards) in addition to recycled awards. Deleted: 2006 Deleted: 2007
(b) UCF-Research Incentive Award program. The UCF-Research Incentive Award (“UCF-RIA”) program recognizes outstanding research, scholarly, or creative activity that advances the body of knowledge in a particular field. For the 2007-2008 year the University shall award twenty (20) new UCF-RIA awards (additional awards may be given as a result of rounding, e.g. a college allocated 5.5 awards would round up to 6 awards) in addition to recycled awards.
Incentive Award Programs. If in-state, undergraduate tuition increases of 3.0% or more over Fall 2007 levels take effect for the Spring 2008 semester, then Incentive Award Programs shall be implemented as set forth in Paragraphs (a) through (c) below, to recognize and promote employee faculty excellence and productivity that respond to and support the mission of the University of Central Florida. All 20067-20078 Incentive Awards shall be made using the procedures, standards, and criteria used for the 20046-20057 Incentive Awards programs, modified only to reflect date changes and the requirements of this section. The president shall give the final approval for awards to the successful employees. Regardless of the contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary retroactive to the start of the employee’s contract for the academic year in which the award was given. An employee shall be eligible to apply for one or more of these awards provided that he is in his fifth sixth or higher year of University employment and meets any specific requirements described in this section below. No employee shall win a particular award more frequently than once every five years. For awards allocated to individual colleges, colleges with fewer than 25 employees shall will be grouped into one unit for the purposes of allocating awards and making award decisions. All colleges shall will follow the same application process and use the same standards and criteria for making award decisions as determined by the Faculty Senate.
Incentive Award Programs. Incentive Award Programs recognize and promote employee excellence and productivity that respond to and support the mission of the University of Central Florida. Incentive Award Programs shall be implemented as set forth in Paragraphs (a) through (h) below.. Regardless of contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary at the end of the academic year in which the award was given, plus a one-time award of $5,000 on that date, in lieu of a retroactive payment. These awards shall be made according to existing criteria and procedures through August 7, 2018. New criteria and procedures may be implemented after that date. The president shall give the final approval for awards to successful employees.
Incentive Award Programs. Incentive Award Programs shall be implemented as set 3 forth in Paragraphs (a) through (c) below, to recognize and promote faculty excellence and 4 productivity that respond to and support the mission of the University of Central Florida. All ▇ ▇▇▇▇-▇▇▇▇ Incentive Awards shall be made using the procedures, standards, and criteria used 6 for the 2004-2005 Incentive Awards programs, modified only to reflect date changes and the 8 successful employees. Regardless of the contract length (9 months through 12 months), 9 award recipients shall receive a $5,000 increase to their base salary retroactive to the start of 10 the employee’s contract for the academic year in which the award was given. 11 (a) UCF-Teaching Incentive Program. The UCF-Teaching Incentive Program
Incentive Award Programs. Incentive Award Programs shall be implemented as set forth in Paragraphs (a) through (c) below, to recognize and promote faculty facultyemployee excellence and productivity that respond to and support the mission of the University of Central Florida. All 2006-2007 Incentive Awards shall be made using the procedures, standards, and criteria used for the 2004-2005 Incentive Awards programs, modified only to reflect date changes and the requirements of this section. The president shall give the final approval for awards to the successful employeesfaculty. Regardless of the contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary retroactive to the start of the employee’s contractemployment agreement for the academic year in which the award was given. An employee shall be eligible to apply for one of these awards provided that he or she is in his or her sixth or higher year of University employment and meets any specific requirements described below. No employee shall win a particular award more frequently than once every five years. For awards allocated to individual colleges, colleges with fewer than 25 employees will be grouped into one unit for the purposes of allocating awards and making award decisions. All 2007-2008 awards shall be made using the procedures, standards, and criteria used for the 2006-2007 Incentive Awards, modified only to reflect date changes and the requirements of this section. These awards shall be made according to existing criteria and procedures.
Incentive Award Programs. Incentive Award Programs shall be implemented as set forth in Paragraphs (a) through (c) below, to recognize and promote facultyemployee excellence and productivity that respond to and support the mission of the University of Central Florida. All 2006-2007 Incentive Awards shall be made using the procedures, standards, and criteria used for the 2004-2005 Incentive Awards programs, modified only to reflect date changes and the requirements of this section. The president shall give the final approval for awards to the successful employees. Regardless of the contract length (9 months through 12 months), award recipients shall receive a $5,000 increase to their base salary retroactive to the start of the employee’s contract for the academic year in which the award was given. An employee shall be eligible to apply for one of these awards provided that he or she is in his or her sixth or higher year of University employment and meets any specific requirements described below. No employee shall win a particular award more frequently than once every five years. For awards allocated to individual colleges, colleges with fewer than 25 employees will be grouped into one unit for the purposes of allocating awards and making award decisions. AlAll colleges will followsthe same application process and use the same standards and criteria for making award decisions. All 2007-2008 awards shall be made using the procedures, standards, and criteria used for the 2006-2007 Incentive Awards, modified only to reflect date changes and the requirements of this section. ,
