Employee Retention definition

Employee Retention identify best practices and opportunities for improvement that influence retention and turnover, identify opportunities for improvements in human resources practices that result in efficiencies and enhanced support to internal customers

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Employee Retention. The Committee’s assessment of the amount of regrettable losses during the Performance Period and in connection with the Merger. Except as may otherwise be determined by the Committee in its sole discretion, none of the Performance Shares will be earned if the Merger is not completed during the Performance Period.

Employee Retention. The County has a vested interest in retention of employees that perform services at County buildings and locations. The certifications, skills, and training involved for all security officer positions make them a valuable asset for ongoing and future security service needs. In the event of expiration or termination of this Contract, the Contractor shall provide the County with a list, including the employees' names, classifications, work locations, and phone numbers, for all active employees who will be laid off upon the Contract’s expiration. The County shall offer the list of qualified and trained employee’s names and contact information to a subsequent awardee. The awarded Contractor shall be advised by the County to interview and consider for employment, the identified available employees prior to recruiting from the general public to fill any vacancies related to meeting the Security Officer service requirements of the County.

Examples of Employee Retention in a sentence

This Agreement is made pursuant to, and is governed by, the CenterPoint Properties Trust 2003 Omnibus Employee Retention and Incentive Plan (the “2003 Plan”).
The Contractor must maintain and adhere to the Employee Retention Plan (ERP) throughout the life of the contract.
The amount of the Employee Retention Incentive will be based upon the verified job offer and shall match the difference between the employee’s current annual base wage and the amount of the offer, not to exceed ten percent (10%) of the employee’s current annual base wage.
The "Effective Date" shall be the date that an Order of the Bankruptcy Court approving the Company's 2004 Key Employee Retention Program ("KERP") and payments provided for therein becomes final.
Employees who wish to be considered for an Employee Retention Incentive must submit verifiable proof of their employment offer from an employer other than the County, with a base wage that is higher than their current rate of pay.
Simultaneously with the execution of this Agreement, Executive and the Company are also entering into an Employee Retention and Motivation Agreement (the “▇▇▇▇”), which provides Executive with certain benefits upon a “Change of Control” (as defined therein).
To be eligible to receive an Employee Retention Incentive, an employee must be a high performing employee, an employee with a specialty skill, and/or an employee in a position designated by the County to be difficult-to-retain, and who has been offered, and is considering employment outside of the County.
In exchange for the severance pay and benefits described in Employee Retention Agreement between SciClone Pharmaceuticals, Inc.
Employees shall only be eligible for one Employee Retention Incentive within a 24-month period.
This instrument contains the entire agreement of the parties relating to the subject matter hereof, and supersedes in its entirety any and all prior agreements, understandings or representations relating to the subject matter hereof including the Employee Retention Agreement made and entered into as of June 26, 1996.

More Definitions of Employee Retention

Employee Retention means offering work to or retaining employees following a business succession.

Employee Retention is hereby added as follows: