Performance Increase Sample Clauses

Performance Increase. Salary administration shall be based upon a performance-based system. Employees shall be granted an annual performance pay increase on their eligibility date if the employee is not at the top of the salary range of their classification, and provided the employee’s performance has not been deficient. Employees who do not receive an annual performance pay increase shall receive timely notice of deficient performance or conduct during the evaluation period. Employees shall receive a notice related to the deficiencies as they are noted prior to the completion of the performance evaluation period. “Timely” shall be a reasonable amount of time, taking into consideration the specific alleged deficient performance. Such notice shall provide the employee with adequate opportunity to correct the problem prior to the end of the evaluation period. Employees shall be eligible for performance increases at the first of the month following the intervals of:
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Performance Increase. Salary administration shall be based upon a performance-based system. Employees shall be granted an annual performance pay increase on their eligibility date if the employee is not at the top of the salary range of the employee’s classification, and provided the employee’s performance has not been deficient. Employees who do not receive an annual performance pay increase shall receive timely notice of deficient performance or conduct during the evaluation period. Employees shall receive a notice related to the deficiencies as they are noted prior to the completion of the performance evaluation period.
Performance Increase. Salary administration
Performance Increase. The Purchaser does hereby agree to increase the Purchase Price payable for the Purchased Shares, by making payments to the Vendors over a three year period, based on the following formula: US$1,000,000 (in the aggregate) shall be paid to the Vendors for each US$10,000,000 increase in ARC Revenue as compared to the ARC revenue of the Corporation for its fiscal year ended September 30, 1999, as set out in Schedule 3.3 as may be adjusted by the auditors of the Purchaser, such increase to be computed by independent auditors, in accordance with GAAP. For the purposes of this section "ARC Revenue" shall be defined as gross sales of the Corporation minus purchases and/or sales generated by the Purchaser and its subsidiaries, but inclusive of purchases and/or sales generated by subsidiaries of the Purchaser with relationships with the Corporation that existed prior to Closing, namely, the following subsidiaries: Mr. Cheap's Travel Ltd. and Gotham Media Group, Ltd. as set out in Schedule 3.3. Payments under this section 3.3 shall be made by the Purchaser to the Vendors on an annual basis for the fiscal periods on each of September 30, 2000, September 30, 2001 and September 30, 2002, within 30 days of receipt by the Purchaser of its annual audited financial statements for the applicable year end and in the aggregate, payments under this section 3.3 shall not exceed US$4,000,000 over a three year period.
Performance Increase. Up to a further 3% will be available annually to each employee covered by this agreement subject to meeting the agreed standards in the Performance Development Review (PDR) system according to the following scale. This scale will be introduced for the performance year commencing on 1 March 2007 and will apply to performance increases granted from 1 March 2008: PDR Rating PDR Score Description Total Pay Increase Excellent 5.5 - 6.0 Exceeds all KPI’s 6% Very Good 5.0 - 5.4 Meeting all KPI’s & exceeds 3 or 4 5% Good 4.5 - 4.9 Meeting all KPI’s & exceeds 1 or 2 4.50% Competent 3.5 - 4.4 Meeting all KPI’s 4% All other employees, including; Probation or Extended Leave Below 3.4 Generally progressing well to meeting all KPI’s 3%
Performance Increase. To provide an incentive for the City Manager to produce results above and beyond the expected fulfillment of the City Manager’s regular duties, the City agrees to consider providing a financial incentive for extraordinary performance. Annually, and at the Council’s sole discretion, the City Manager may be eligible for a “performance increase” equal up to 3% of the City Manager’s Base Salary. Any such incentive would be considered a one-time bonus and not a portion of the City Manager’s salary and thus, is not pensionable. The performance increase may be based, in part, on the accomplishment of specific goals set by the City Council pursuant to Section 2.D of the Agreement.
Performance Increase. Salary administration shall be based upon a 43 performance-based system. Employees shall be granted an annual performance pay step increase 44 on their eligibility date if the employee is not at the top of the salary range of his/her 45 classification, and provided the employee’s performance has not been deficient. Employees who 46
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Performance Increase. 7.3.1 Upon completion of 18 months employment and subject to an ongoing satisfactory performance assessment by the employee’s supervisor, full time and part-time employees will be entitled to a service increment in accordance with Rate B of the Wage Rate Schedule (Appendix 2) of this Agreement.
Performance Increase. As at September 2024 and September 2025 a technician’s Base Salary may be further increased by a set percentage based on Bengalla’s performance in the key business performance metrics of:
Performance Increase. Salary administration shall be based upon a performance-based system.
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