Productivity bonus definition

Productivity bonus means that portion of a Company Contribution made on a Participant’s behalf that the Company deems a “Productivity Bonus.”
Productivity bonus means a cash bonus awarded to an eligible state agency or division in recognition of increased productivity.

Examples of Productivity bonus in a sentence

  • Productivity bonus It is possible to agree at the workplace on a productivity bonus based on the quantity or quality of work or other agreed grounds to be added to the personal hourly wage.

  • Productivity bonus A productivity bonus based on tranches or six-year periods, of a consolidable nature, is established.