Incentive Scheme. (1) For the period of this agreement an incentive scheme will be implemented which will require targets to be achieved in the areas of spoilage in the press room and customer credits in the pre- press area. (2) The target figure is in accordance with the budgeted figure for spoilage in each financial year. For the year 2006 – 2007 the target is 9%. (3) Future year’s targets will be advised prior to July each year. (4) Any monies saved in these incentive initiatives will be divided equally between the company and production employees. (5) Monies so gained from the incentive scheme will be paid at quarterly intervals in the form of a one-off bonus. (6) Casual employees who are employed for at least 75% of the hours in each three month period will be a part of the incentive scheme. (7) Measurements of targets/criteria will commence from 1 July 2006.
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Sources: Printing Trade Agreement, Collective Agreement