INCENTIVE PAYS Sample Clauses

INCENTIVE PAYS. 3.1 K-9 INCENTIVE PAY AND EXPENSES
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INCENTIVE PAYS. 40.04 LONGEVITY Longevity pay is in addition to the base hourly pay rate and is not included in the new step plan implemented in this Agreement. Employees will be entitled to longevity pay the first full pay period after the employee completes the requisite continuous years of service. Layoffs or authorized leaves of absence without pay shall not constitute a break in service; however, any time lost in these occurrences shall not be counted as time worked for calculating years of service unless the employee returns to work in their former position within one year of layoff and longevity shall be bridged. The additional longevity pay shall be paid in accordance with the following longevity pay rate table: Completed Years of Service 56 Hour Employee Hourly Rate 40 Hour Employee Hourly Rate 5 years 0.15 0.21 10 years 0.30 (total) 0.42 (total) 15 years 0.60 (total) 0.84 (total) 20 years 0.90 (total) 1.26 (total) 25 years or more $1.20 (total) $1.68 (total) 40.05 56-hour and 40-hour employees who are qualified and licensed as paramedics under all State and local requirements including Orange County Fire Rescue requirements shall receive paramedics incentive compensation (as illustrated below) for each hour or portion thereof worked including any hours of paid sick leave, paid vacation, paid military leave, or any paid hours used during any pay period for the term of this contract. Paramedic Incentive Pay 56 Hour Employee 40 Hour Employee Hourly Annually Hourly Annually Paramedic $2.08 $6,073.60 $2.69 $5,595.20 Paramedic Preceptor – Training (Only when assigned with student(s)) $.75 $1.05 Paramedic Preceptor – Designated $0.25 $0.35 40.06 Should it become necessary to appoint additional Preceptors for operational requirements, the Fire Rescue Department will determine the number of additional personnel needed. Preceptors will be compensated as illustrated by table in section 40.05. To be certified as Preceptor personnel must meet the following requirements:
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INCENTIVE PAYS. Employee shall be eligible for the following incentive pays:
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INCENTIVE PAYS. Unit employees possessing the certification and assigned to work as Hazardous Materials Specialists shall receive additional compensation of two (2%) percent of base pay. Unit employees possessing certification as a Fire/Company Officer shall receive additional compensation of one (1%) percent of base pay.
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INCENTIVE PAYS. A. Employees who possess the certification for and are assigned to work as Hazardous Materials Specialists shall receive additional compensation of two percent (2%) of base pay effective the first day of the pay period following assignment.
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INCENTIVE PAYS. 3.1 EDUCATION INCENTIVE 3.2 BILINGUAL INCENTIVE
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INCENTIVE PAYS. 1.1 Firefighters who have completed their initial probation period and have obtained an Associates, Bachelors, Masters, or Ph.D. degree shall receive educational incentive pay. Education pay shall be authorized for successful completion of one of the aforementioned degrees at an accredited college or university. An accredited college or university is an educational institution approved by the Southern Association of Schools or its regional counterparts, or a technical training school or college approved by the Accrediting Commission of Career Schools or Colleges of Technology. An eligible fire fighter must comply with the City’s Human Resources’ administrative rules and the Personnel Rules and Regulations regarding the payment of this Education Incentive Pay.
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Related to INCENTIVE PAYS

  • Incentive Pay (1) For any calendar year in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then:

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 55 to 59 100% 60 80% 61 60% 62 40% 63 20% 64 0%

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

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