Incentive Pay Plan Clause Samples

Incentive Pay Plan. Statement of Intent Goals 1. To aid in the attraction of qualified individuals who have an interest in law enforcement. 2. To upgrade the educational level of the personnel of the Beloit Police Department. 3. To retain qualified police officers who have exhibited a desire for self- improvement.

Incentive Pay Plan. “Incentive Pay Plan,” when immediately preceded by “Potlatch,” means either the Potlatch Corporation Management Performance Award Plan II or the Potlatch Corporation Annual Incentive Plan, whichever is in effect as of the Distribution Date. When immediately preceded by “Clearwater,” “Incentive Pay Plan” means the incentive pay plan to be established by Clearwater pursuant to Sections 2.2 and 6.1 that corresponds to the Potlatch Incentive Pay Plan.

Incentive Pay Plan. If you were a participant in an incentive pay plan during FY 2020 and/or FY 2021, then if and when payments are made, you will be eligible to receive a payment under the applicable plan for that portion of the relevant plan year during which you were actively employed. Any payment will be made in accordance with all other terms and conditions of the applicable plan.

Incentive Pay Plan. This letter will serve as confirmation of an understanding that has been reached between the Parties during contract negotiations with respect to the basis on which any Incentive Pay Plan payment is determined. For the calendar years 2013, 2014 and 2015, the rules, administration and payout formula of the Incentive Pay Plan will be determined at the discretion of the ENWIN Utilities Ltd. Any Incentive Pay Plan payment will be issued to eligible employees by June 30th of the following calendar year. The Incentive Pay Plan payment issued by June 30th in each of the calendar years 2014, 2015 and 2016, will be based on a minimum payout of three hundred and fifty dollars ($350). The Incentive Pay Plan payment for employees under this agreement will be calculated on:

Incentive Pay Plan. After today’s negotiations, the company has agreed to provide a computer for all employees to access. This would allow each employee to view current and any deviations that would be currently available for any part number. The company has also agreed to provide training for deviation procedures following ratification of the Collective Labour Agreement. right to be continued as an Employee of the Company. All Members shall be subject to discharge to the same extent as if this Plan had never been adopted, and the Company expressly reserves the right to discharge any Employee without any liability on the part of the Company, or the Funding Agency except as provided herein. The Company shall provide each Member with a written explanation of the terms and conditions of the Plan and amendments thereto applicable to him, together with an explanation of the rights and duties of the Member with reference to the benefits available to him under the terms of the Plan, and such other information as may be prescribed by the regulations made pursuant to the Pension Benefits Act. If the Company receives evidence that (a) a person entitled to receive any payments under the Plan is physically or mentally incompetent to receive such payment and to give a valid release therefor and another person or an institution is then maintaining or has custody of such person and no guardian, committee or other representative of such person has been duly appointed by a court of competent jurisdiction, the payments may be made to such other person or institution and shall be a valid and complete discharge of all liability for the payment. No payment of pension benefits shall commence until the Member has filed satisfactory proof of age with the Company. A Member who has named a joint annuitant shall also be required to provide satisfactory proof of age for such joint annuitant. If the amount of the retirement income or deferred retirement income payable to the Member is less than a month, or such other amount as may be permitted time to time in accordance with the Pension Benefits Act and the rules and regulations of the Department of National Revenue, the Member may receive the Actuarial Equivalent thereof in quarterly, semi-annual or annual payments, or the commuted value thereof in a lump sum, at the sole discretion of the Company. Wherever the records of the Company are used for the purposes of this Plan, such records shall be conclusive of the facts with which they are concerned. No b...

Incentive Pay Plan. The Peace Officers Standards and Training Incentive Pay Plan shall continue to provide that Police Officers shall be eligible to receive five percent (5%) of their base compensation if they possess the Intermediate Peace Officers Standards and Training Certificate or ten percent (10%) of their base compensation if they possess the Advanced Peace Officers Standards and Training Certificate and Police Sergeants shall be eligible to receive five percent (5%) of their base compensation if they possess the Advanced Peace Officers Standards and Training Certificate.

Incentive Pay Plan. This letter will serve as confirmation of an understanding that has been reached between the Parties during contract negotiations with respect to the basis on which any Incentive Pay Plan payment is determined. rs dollars and will be based on a The Incentive Pay Plan payment for employees under this agreement will be calculated on The achievement of business unit and departmental operation targets in Key Result Areas; The achievement of En Win Utilities Financial targets. The Parties agree to begin pay equity negotiations by April

Incentive Pay Plan. Pursuant and subject to the provisions of Paragraph the Company has established the incentive pay plan described in Schedule hereto annexed and made a part hereof. For the employees' protection, established incentive work rates will not be altered except as provided for in Schedule which forms part of this Collective Labour Agreement and is attached hereto. TYPE OF PLAN This incentive pay plan is designed, but not guaranteed, to provide the average qualified employee working on a time-studied direct labour productionjob operating under standard conditions the opportunity to earn approximately over the base rate for the job by applying reasonable proportionate effort, attention and care to the job. It is understood that since there is no such thing as an average employee, some employees may earn in excess of while others may earn less than The incentive pay plan is known as a "100%" or "standard hour plan". For each increase in production over standard the employee receives a increase over the base rate. There is no ceiling on earnings.

Incentive Pay Plan. Spot Bonus Incentive Pay Plan Agreement MultiCare has created an Incentive Pay Plan (“IPP”) to incentivize employees to pick up extra shifts due to position vacancies, high census, or other emergent needs. MultiCare has discretion to determine the incentive that will be paid for incentive-eligible shifts and discretion to determine which shifts and units will be eligible. MultiCare Heath System and UFCW21 agree to the following provisions. The following terms and conditions apply to Incentive Pay Plan: