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: Classification Rate Per Week $ 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. SCHEDULE 4 GREATER ADELAIDE METROPOLITAN AREA 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. SCHEDULE 5 MINIMUM STANDARDS & KPI BONUS 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:
Sample 1
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Related to KPI Bonus Increase

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • ANNUAL INCREMENT (1) Staff shall be entitled to an annual increment which shall be negotiated with the Union annually.

  • Salary Increase 46.01 Effective July 1, 2020 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2021 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2022 an increase equal to 1% will be added to the job rates and to the salaries of all employees.

  • General Salary Increase 1. Effective with the start of the pay week commencing closest to September 1, 2013, employees shall be provided an across-the-board salary increase of one percent (1%). Salary schedules shall be increased accordingly.

  • SALARY STEP INCREASES a. Increases to steps above the entry step shall be based on performance and length of service. The employee must have earned the equivalent of at least twenty-six

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • Salary Increments The Employer, may grant an increment for meritorious service after an employee has served for a period of twelve (12) months following the first day of the month established in Article 35.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 35.04, 35.05, or 35.06.

  • Annual Increments (a) For regular full-time Employees, a one-step increase within the salary range shall become effective as of the first day of April or the first day of October as the case may be. Where the anniversary date of an initial appointment falls between January 1 and June 30, the date of the increment increase will be April 1, and where between July 1 and December 31, the date of the increment increase will be October 1.

  • Increment Date for Salary Grid Placement Upon achieving one (1) year of experience, an increment shall be awarded on the first of the month following the month in which the experience accumulation is earned.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

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