Common use of Merit Bonus Clause in Contracts

Merit Bonus. A merit bonus of up to a maximum of five percent (5%) of an individual’s annual salary may be awarded for meritorious service. Recommendations for this bonus must be documented by the employee’s immediate supervisor and have approval of the administrator of the area in which the person works. Documentation must include specific services performed by the employee that are above the normal expectations of the employee’s job, or the documentation must show that the employee performs the normal functions of the job in such a superior fashion that it is beneficial to the College. The merit bonus will be awarded in one (1) payment and will not become a part of the employee’s base salary. No merit bonus award will be granted unless approved by the President and the Board of Trustees. Public acknowledgment of the recipient’s award shall be made in an appropriate manner.