Examples of Performance Management Development Program in a sentence
If an Eligible Employee does not meet performance expectations (as determined in the Performance Management Development Program), no incentive payment is issued to that Eligible Employee.
If a Participant meets or exceeds certain performance expectations (as determined in the Performance Management Development Program), then he or she will be eligible to receive an Individual Incentive Allocation.
If a Participant does not meet performance expectations (as determined in the Performance Management Development Program), no Individual Incentive Allocation is issued to that Participant.
If a Participant meets performance expectations (as determined in the Performance Management Development Program), then he or she will be eligible to receive an individual incentive allocation.
The purpose of the Plan is to: • Align Eligible Employees’ and shareholders’ interests; • Recognize and reward Eligible Employees who make substantial contributions to the Company; • Provide managers with the ability to recognize and reward key contributors and reinforce the Performance Management Development Program; • Tie the incentive opportunity to external competitive practices, and internally to the Company’s total compensation objectives; and • Encourage continuation of excellent service.
ANNUAL INCENTIVE PLAN determined in the Performance Management Development Program), then he or she will be eligible to receive an individual incentive allocation.
To qualify to receive an incentive payment under this Plan, an Eligible Employee must (i) be in Active Employment as of August 31 of the Plan Year through the payout date, or have terminated Active Employment before the payout date due to death, Retirement, Reduction in Force, or Long-Term Disability; and (ii) meet individual performance expectations as determined by the head of the Eligible Employee’s work group under the Performance Management Development Program.
A one size fits all approach for faculty expectations and job duties does not work well.
In addition, Eligible Employees must meet individual performance expectations as determined by the head of the Eligible Employee’s work group under the Performance Management Development Program.