Ratification Bonus definition

Ratification Bonus. Effective the first full pay period in November 2016, regular Pharmacy Technicians and Warehouse Workers will receive a one-time lump sum bonus of eight hundred seventy-five dollars ($875), not prorated for FTE. Effective the first full pay period in November 2016, regular Pharmacy Assistants will receive a one-time lump sum bonus of three hundred dollars ($300), not prorated for FTE.
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Ratification Bonus. For all employees on the active payroll as of April 1, 2017, and who are also on the active payroll as of the date of payment, there will be a ratification bonus of $750 based on full- time FTE. For example, a 1.0 FTE shall receive a bonus of $750, a .5 FTE shall receive a bonus of
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Ratification Bonus. A ratification bonus of shall be paid upon ratification of this agreement. VEHICLE LICENSE to replace cost of plate (Article 11)
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Examples of Ratification Bonus in a sentence

  • Ratification Bonus Effective the pay period which begins July 29, 2018, or in the first full pay period following adoption of the agreement, whichever is later, Regular Hire employees shall receive a one- time, non-pensionable payment of $500.

  • Full-time employees $1,500.00 Part-time employees $1,000.00 Temporary-Part-time employees $350.00 Ratification Bonus to be paid within three (3) weeks of ratification of the agreement.

  • Effective no later than the second week of December 1987 (December 6th-12th) a Ratification Bonus shall be paid to the following classifications: All Department Heads All "Thereafter" Clerks (excluding Courtesy Clerks) In the following amounts: Macon and full-time Augusta only $ 300 The following rules shall apply: Employees must be on the payroll six (6) months or longer as of ratification.

  • In order to effectuate the payment of the Ratification Bonus, the Employer agrees to take a “snap-shot” of all bargaining unit employees on the date the Contract is ratified.

  • GUARANTORS: ORCHIDS PAPER PRODUCTS COMPANY OF SOUTH CAROLINA By: /s/ Rod Gloss Rod Gloss, Chief Financial Officer ORCHIDS MEXICO (DE) HOLDINGS, LLC By: /s/ Rod Gloss Rod Gloss, Manager ORCHIDS MEXICO (DE) MEMBER, LLC By: /s/ Rod Gloss Rod Gloss, Manager OPP ACQUISITION MEXICO, S.

  • Ratification Bonus Solely as an inducement to ratification of this agreement, a ratification bonus (outlined in the chart below) will be paid out to each employee covered by the agreement within three (3) weeks after the Company is notified of the ratification of this agreement provided that the final agreement is signed by all parties by such date.

  • Eligible GAs will receive a Contract Ratification Bonus Payment in the amount of $184, less regular payroll deductions and contributions, within sixty (60) calendar days following ratification.

  • Upon ratification all members of the Bargaining Unit employed full time by the Library will receive a Ratification Bonus in the amount of $500.00, and all part-time members of the bargaining unit will receive a ratification bonus in the amount of $250.00.

  • The Company will provide a Ratification Bonus based on 30% of 2018 401(k) eligible earnings for those Employees who are covered under Southwest Airlines Materials Specialists Agreement as of the Date of Ratification (DOR) and employed by Southwest Airlines five business days prior to date of payment.

  • As soon as practicable after August 1, 2019, a Ratification Bonus of $1,500 (one thousand five hundred dollars) will be paid in a lump sum to all eligible employees (both hourly paid and salaried) in union locals certified to the IUE/CWA, AFL-CIO, CLC Locals as of June 24, 2019, which, as of that date, are listed in the Preamble of the 2019-2023 GE-IUE/CWA, AFL-CIO, CLC National Agreement (National Agreement), provided the National Agreement is ratified by July 3, 2019.


More Definitions of Ratification Bonus

Ratification Bonus. Employees who are on the payroll of the Company at the time of ratification will receive a one-time lump sum payment of two hundred ($200.00) dollars. Employees who are on the payroll of the Company as of May 1, 2023 will be eligible for an additional one-time lump sum payment of two hundred ($200.00) dollars.
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Ratification Bonus. If contract ratified prior to 12/1/2019, nurses employed at ratification will receive a ratification bonus of $1,000 per nurse, prorated by FTE with minimum bonus of $250 to each relief or retiree relief nurse. 14 Step and Grade ▇▇▇▇▇▇▇ ▇▇▇ 12/1/2019-11/30/2023 1Step increase 06/1/23 2 N3 - Additional 4.0% for nurses with a BSN and an Advanced Certificate 5 N4 - Additional 5.0% for nurses with a MSN.
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Ratification Bonus. The Employer will pay a ratification bonus of two hundred fifty dollars ($250.00) pro-rated by FTE, provided the nurse is on the active payroll as of the date of ratification and the date of payout. For purposes of this bonus, Supplementals shall be considered a .1 FTE.
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Related to Ratification Bonus

  • Retention Bonus means an incentive bonus provided under

  • Incentive Payment means the payments made pursuant to Section VII.E.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.