TRIFR definition
Examples of TRIFR in a sentence
Stretch: TRIFR of 6.2 The performance levels for Production Costs are set at: Threshold: $90/tonne Budget: $80/tonne ONLY Stretch: $70/tonne For an employee who earned $70,000 in regular salary in the fiscal year, the following are examples of the incentive payments made based on various performance situations.
The performance levels for Safety are set at: Threshold: TRIFR of 10.2 Budget: TRIFR of 8.2 Stretch: TRIFR of 6.2 The performance levels for Production Costs are set at: Threshold: $90/tonne Budget: $80/tonne Stretch: $70/tonne For an employee who earned $70,000 in regular salary in the fiscal year, the following are examples of the incentive payments made based on various performance situations.
The Group's 12-month TRIFR declined from 8.17 in the March 2021 quarter to 7.12 in this period.
Subject to achieving the target Field Leadership activities per person and achieving at or below the target set for TRIFR for the FY24/25 Financial Year, a payment of $615 will be made to each eligible employee in the first pay period following confirmation of the results.
Subject to achieving the target Field Leadership activities per person and achieving at or below the target set for TRIFR for the FY25/26 Financial Year, a payment of $640 will be made to each eligible employee in the first pay period following confirmation of the results.
General Site KPIs are to be reported and measured by company management and will cover the following areas: Total Recordable Injury Frequency Rates (TRIFR) for all locations.
Subject to achieving the target Field Leadership activities per person and achieving at or below the target set for TRIFR for the FY23/24 Financial Year, a payment of $591 will be made to each eligible employee in the first pay period following confirmation of the results.
In addition to the production bonus, a safety incentive scheme will apply to all employees covered by this Agreement, as follows: Subject to achieving the target Field Leadership activities and achieving at or below the target set for TRIFR for the FY22/23 Financial Year, a payment of $568 will be made to each eligible employee in the first pay period following confirmation of the results.