Efficiency Bonus definition
Examples of Efficiency Bonus in a sentence
For purposes of illustration, if the Company achieves the threshold Increase in Sales and Return on Invested Capital but does not achieve the threshold Increase in Earnings Per Share, each as set forth in the applicable Table B attached hereto, Executive will receive a Company Sales Growth Bonus and Company Capital Efficiency Bonus but will not receive a Company Earnings Growth Bonus for the Plan Year.
At such time that an application for license to cover the construction permit (FCC Form 302-AM) is granted and has become a Final Order, Buyer shall pay to Seller by wire transfer of immediately available funds pursuant to wire transfer instructions provided by Seller the additional sum of One Million Five Hundred Thousand Dollars ($1,500,000.00), less the Efficiency Bonus.
For purposes of illustration, if the Company achieves the threshold Sales Growth and Gross Profit Dollars and Capital Efficiency but does not achieve the threshold fully diluted earnings per share, each as set forth in the applicable Table B attached hereto, Executive will receive a Company Sales Growth and Gross Profit Dollars Bonus and Company Capital Efficiency Bonus but will not receive a Company Earnings Bonus for the Plan Year.
Efficiency Bonus – In consideration for the Agreement to affect greater efficiencies in operation and employment levels reflected in this Agreement, the Authority will pay all members of Local 193A, who are employed by the Authority in a full-time capacity prior to the ratification of this Agreement, an efficiency bonus in the amount of $750.00, effective September 1, 2008.
An Efficiency Bonus may be earned on the combined departments’ expense margin improvement over the previous year.
Date of Ratification 2019 Jan 1/2020 Jan 1/2021 Jan 1/2022 Jan 1/2023 Alberta 44.5 45 45.5 45.5 45.5 B.C. 44.5 45 45.5 45.5 45.5 North of Mile 300 44.5 45 45.5 45.5 45.5 N.W.T. 44.5 45 45.5 45.5 45.5 Saskatchewan 44.5 45 45.5 45.5 45.5 NOTE - An Efficiency Bonus of four cent ($0.04) per mile is included in the above rate.
For purposes of illustration, if the Company achieves the threshold Increase in Sales and Return on Invested Capital but does not achieve the threshold fully diluted earnings per share, each as set forth in the applicable Table B attached hereto, Executive will receive a Company Sales Growth Bonus and Company Capital Efficiency Bonus but will not receive a Company Earnings Bonus for the Plan Year.
Quality Performance Zero Complaints $50/Quarter More than one $30/Quarter More than two $10/Quarter Maximum annual bonus equals $1000.00 gross (i.e. before tax) i.e. O.E.E (Efficiency) Bonus $400 + Attendance Bonus $400 + Quality Bonus $200 = $1000 Absenteeism is defined as any absence from work other than authorised RDO’s, gazetted public holidays and annual leave.