KPI Bonus Increase Sample Clauses

KPI Bonus Increase. A 1.5% bonus is payable to Employees who meet the KPI Bonus requirements prescribed at Clause 3.1.3 and 3.1.4 and Schedule 5. The quarterly KPI Bonus payments translated to payments per week are as follows: Technician (C8) 11.69 Inventory Controller (C11) 9.87 Spare Parts Storeperson (C12) 9.69 Employees who are on a Company advised personal holding rate that exceeds the remuneration prescribed in this Schedule and Agreement will not be entitled to such increases and remuneration benefits until such increases and benefits overtake the Employee’s personal holding rate. This schedule determines the area referred to as the Greater Adelaide Metropolitan Area in Clause 1.7 Definitions and is shown as Service Area 1. The following pages of this Schedule for each Technical Services’ work area are the agreed KPI’s for each Employee covered by this Agreement and comprise the following two (2) key components: