Individual Incentive Sample Clauses
Individual Incentive. Employees will receive fitness incentives based on their individual level of fitness. These fitness level incentives are outlined as follows: • Level I - $300 • Level II - $400 • Level III - $500 These incentives will be a (1) one-time payment each year and will not be added to an employee’s base salary. All individual incentives will be paid in the first pay period of June each year.
Individual Incentive. The individual incentive calculation percentage shall be based on the employee’s previous 5-year average (immediately preceding retirement) of non-work related sick leave use Example: June 30th retirement calculation is based on a July 1st to June 30th year. 48.0 hours or less = 50% 48.01 to 72.0 hours = 37.5% 72.0 hours = 25%
Individual Incentive. Allowances, Parking/Toll Expenses, Distant Work & Tools
Individual Incentive. The individual incentive, if applicable to the capacity, shall be paid per month of navigation in addition to the wage as per the CBA currently in force in the form of a “Superminimo individuale” which also constitutes an advance on future wage rises accruing from any contractual increases and/or promotions or seniority increments. The Seafarer may ask as per CBA once a month an on board advance on his/her wage provide that this is no more than 80% of the net monthly wage.
Individual Incentive. Members who successfully complete all components of the Fitness Program at the passing fitness level will receive a lump sum payment of $375. Members will be eligible to receive this incentive once every calendar year.
Individual Incentive. Employees will be eligible to receive an additional incentive payment on a 6 monthly basis provided they have met or exceeded the KPIs for the prior 6 month period. The incentive will be paid up to a maximum rate equivalent to 2.5% of the gross all purpose wage rate for a period of six months, or the equivalent of 5% per annum. Incentives will be paid in the second pay period following the completion of the incentive period. Individuals who have received formal warnings through the performance counselling process during the incentive period will not be eligible to receive the individual incentive for that period. Customer service, OH&S, Productivity and technology factors are the focus of these KPIs which are to be developed and agreed prior to the first incentive period under this agreement. KPIs will be regularly reviewed and re-set in line with changing business needs in line with clause 3.5 - Consultation. The responsibility for recording and communicating results against KPIs is a management responsibility. The individual incentive will be paid to employees as a separate pay run.