Productivity Payment Clause Samples

Productivity Payment. 4.3.1 In addition to the Minimum Price, a Productivity Payment will be paid monthly by ACM to Supplier if the Supplier meets the conditions for payment set out below. 4.3.2 The Productivity Payment will be paid based on the volume of Milk which the parties, acting reasonably anticipate will be supplied under this Agreement throughout the Term as set out in the following table: Total Volume of Milk supplied per annum as compared with immediately preceding 12 months commencing 1 July in each year 0 to 1 million litres > 1 - 2 million litres > 2 – 3 million litres > 3 - 4 million litres > 4 - 5 million litres > 5 - 6 million litres > 6 million litres Productivity Payment per litre zero 0.5 cents 1 cent 1.5 cents 2 cents 2.5 cents 3 cents 4.3.3 The assessment of whether, and if so how much Productivity Payment should be paid to Supplier will be made with regard to the total amount of Milk supplied by Supplier to ACM during the year immediately prior to the Commencement Date of this Agreement. If the Supplier did not supply Milk to ACM during the year immediately prior to the Commencement Date of this Agreement, an assessment of whether and if so how much Productivity Payment should be paid to Supplier will be determined by ACM, acting reasonably and in consultation with Supplier, estimating what will be the total amount of Milk to be supplied under this Agreement during the Term.
Productivity Payment. 4.5.1 In addition to the Minimum Price or the ACM2 Price (as applicable), a Productivity Payment will be paid monthly by ACM to Supplier if the Supplier meets the conditions for payment set out below. 4.5.2 The Productivity Payment will be paid based on the volume of Milk which the parties anticipate will be supplied under this Agreement throughout the Term as set out in the following table: Total Volume of Milk supplied over 2023/24 0 to 1 million litres > 1 - 2 million litres > 2 – 3 million litres > 3 - 4 million litres > 4 - 5 million litres > 5 - 6 million litres > 6 million litres Productivity Payment per litre Zero 0.5 cents 1 cent 1.5 cents 2 cents 2.5 cents 3 cents 4.5.3 Calculation of any applicable Productivity Payment will be made on the basis of the total amount of Milk supplied by Supplier to ACM during the 2023/2024 financial year. If the Supplier did not supply Milk to ACM during the 2023/2024 year, calculation of any applicable Productivity Payment will be made on the basis of what ACM, acting reasonably and in consultation with Supplier, estimates will be the total amount of Milk to be supplied under this Agreement during the Term.
Productivity Payment a) An Employee will receive a productivity payment of $9.64 for each productive hour worked, to provide incentive and in recognition of improved productivity performance during the operation of this Agreement. b) For the avoidance of doubt, this allowance will be in lieu of any special rates or allowances included in any award or other industrial instrument other than for those provided for in this Agreement. c) This productivity payment is a flat payment and will not be included in the calculation of overtime, leave or any shift or other loadings. d) This productivity payment is not payable when Employees leave site due to inclement weather, or are on any type of leave, whether paid or not paid (e.g. annual leave, personal leave, jury duty, leave without pay, community service leave, parental leave or compassionate leave), or have been suspended with pay, or are absent for any other reason, including public holidays, absence due to a work-related injury, or are engaged in any form of industrial action.
Productivity Payment a. An Employee will receive a productivity payment as set out in Appendix C for each productive hour worked, to provide incentive and in recognition of improved productivity performance during the operation of this Agreement. b. This productivity payment is a flat payment and will not be subject to any premium or penalty. c. This productivity payment is not payable when Employee(s) leave site due to inclement weather, or are on any type of leave, whether paid or not paid (e.g. annual leave, personal leave, jury duty, leave without pay, community service leave, parental leave or compassionate leave), or have been suspended with pay, or are absent for any other reason, including RDOs, public holidays or are engaged in any form of industrial action.
Productivity Payment a) An Employee will receive a productivity payment as set out in Appendix C for each productive hour worked, to provide incentive and in recognition of improved productivity performance during the operation of this Agreement. b) For the avoidance of doubt, unless otherwise specified in this Agreement, this allowance will be in lieu of any special rates or allowances (however described) included in the BCGOA or any other Modern Award or any other industrial instrument. c) This productivity payment is a flat payment and will not be subject to any premium or penalty and will remain fixed and in place for the duration of this Agreement. d) This productivity payment is not payable when Employee(s) leave site due to inclement weather, or are on any type of leave, whether paid or not paid (e.g. annual leave, personal leave, jury duty, leave without pay, community service leave, parental leave or compassionate leave), or have been suspended with pay, or are absent for any other reason, including RDOs, public holidays, absence due to a work- related injury, or are engaged in any form of industrial action.
Productivity Payment. 22.1.1 All Employees except casual Employees who receive a salary on 4 May 2009, together with Employees absent during the first 52 weeks of parental leave, will receive a lump sum productivity payment of 0.8% of an Employee’s annual salary as at 4 May 2009. Employees who have been on higher duties for 12 continuous months or longer at 4 May 2009 will receive the productivity payment based on their higher rate.
Productivity Payment. 30.1 Productivity allowance payments apply as follows: Civil Engineering Project (Award Project Value) Amount $ Per Hour Outside the Sydney Metropolitan Area Projects less than $6 million Nil Projects $6 up to $40 million $0.80/hr Projects more than $40 million $1.20/hr 30.2 The productivity allowance set out in the table above is a flat hourly payment that applies to all hours actually worked in the field, in recognition of improved productivity performance arising from successful operation of this Agreement. This allowance is also in lieu of the special rates clauses identified in the Parent Awards and in lieu of any project allowance. 30.3 Employees may elect the option of contributing all of their productivity allowance into C+BUS. This option is to be for 100% of the productivity allowance and must remain for a period of not less than six (6) months. 30.4 The Parties agree that the Employee, who elects to have their productivity allowance payment paid into C+BUS, is wholly responsible for the remittance of appropriate taxation.
Productivity Payment. The parties acknowledge that improvements in efficiency will result in an improvement in the performance of the Company. The actual financial benefits achieved as a result of any improvements will be shared with the employees. The Key Performance Indicators upon which each work group will be measured will be as follows : Production and Compounding Employees Where better than 100% efficiency is achieved in a six month period the financial gain to the Company resulting from such efficiency will be shared amongst the employees. The amount to be distributed will be calculated after deduction of an amount of 30% to account for on-costs. Warehouse Employees Total Non-conformances will be compared against the previous six months and where there has been a 25% reduction in the number of non-conformances 50% of the cost benefit resulting from the reduction in non- conformances will be calculated and, after deduction of an amount of 30% to account for on-costs, the nett amount will be shared amongst the Warehouse employees. Warehouse/Logistics Departmental costs will be measured against budget for each six month period and 50% of any financial gain achieved as a result of efficiency will be shared amongst the employees after deduction of an amount of 30% to account for on-costs. Payment of Productivity Payments : During the life of the Agreement, on the achievement of the Key Performance Indicators there will be two payments which will be made at the conclusion of each six month period commencing on the 1 July 2003 Periods covered will be : 1 July 2003 - 30 December 2003 1 January 2004 - 30 June 2004
Productivity Payment. 4.1 In any week where an employee is ready, willing and available to work in accordance with the Company’s lawful requirements and in particular, strictly following the procedures for resolving grievances as provided for in Clause 15 and Clause 29 of this Agreement, an additional payment of $165.00 per completed week of service on site will be accrued by the employee and paid out on completion of the employees employment on the Project. 4.2 In any week in which an employee engages in industrial activity not approved by the Company that ceases or disrupts operations, the payment shall be forfeited in full. 4.3 The allowance shall also be forfeited on a pro rata basis with respect to any other unauthorised absences. Further an employee who commences or terminates employment during the week shall only accrue those days the employee worked on site within that week. 4.4 For the purpose of pro rata entitlements under this clause, the allowance will be calculated at the rate of $23.57 per day.
Productivity Payment. The 1% productivity payments available via this Agreement will be based on SPARQ Solutions employees’ contribution to the implementation and delivery of productivity improvements as identified in the SPARQ Solutions Strategic and Business Plans over the life of the Agreement.