INCENTIVE PAYS Sample Clauses

INCENTIVE PAYS. 40.04 LONGEVITY Longevity pay is in addition to the base hourly pay rate and is not included in the new step plan implemented in this Agreement. Employees will be entitled to longevity pay the first full pay period after the employee completes the requisite continuous years of service. Layoffs or authorized leaves of absence without pay shall not constitute a break in service; however, any time lost in these occurrences shall not be counted as time worked for calculating years of service unless the employee returns to work in their former position within one year of layoff and longevity shall be bridged. The additional longevity pay shall be paid in accordance with the following longevity pay rate table: Completed Years of Service 56 Hour Employee Hourly Rate 40 Hour Employee Hourly Rate 5 years 0.15 0.21 10 years 0.30 (total) 0.42 (total) 15 years 0.60 (total) 0.84 (total) 20 years 0.90 (total) 1.26 (total) 25 years or more $1.20 (total) $1.68 (total) 40.05 56-hour and 40-hour employees who are qualified and licensed as paramedics under all State and local requirements including Orange County Fire Rescue requirements shall receive paramedics incentive compensation (as illustrated below) for each hour or portion thereof worked including any hours of paid sick leave, paid vacation, paid military leave, or any paid hours used during any pay period for the term of this contract. Paramedic Incentive Pay 56 Hour Employee 40 Hour Employee Hourly Annually Hourly Annually Paramedic $2.08 $6,073.60 $2.69 $5,595.20 Paramedic Preceptor – Training (Only when assigned with student(s)) $.75 $1.05 Paramedic Preceptor – Designated $0.25 $0.35 40.06 Should it become necessary to appoint additional Preceptors for operational requirements, the Fire Rescue Department will determine the number of additional personnel needed. Preceptors will be compensated as illustrated by table in section 40.05. To be certified as Preceptor personnel must meet the following requirements:
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INCENTIVE PAYS. Employee shall be eligible for the following incentive pays:
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INCENTIVE PAYS. 3.1 K-9 INCENTIVE PAY AND EXPENSES
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INCENTIVE PAYS. 3.1 EDUCATION INCENTIVE 3.2 BILINGUAL INCENTIVE
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INCENTIVE PAYS. Unit employees possessing the certification and assigned to work as Hazardous Materials Specialists shall receive additional compensation of two (2%) percent of base pay. Unit employees possessing certification as a Fire/Company Officer shall receive additional compensation of one (1%) percent of base pay.
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INCENTIVE PAYS. 1.1 Firefighters who have completed their initial probation period and have obtained an Associates, Bachelors, Masters, or Ph.D. degree shall receive educational incentive pay. Education pay shall be authorized for successful completion of one of the aforementioned degrees at an accredited college or university. An accredited college or university is an educational institution approved by the Southern Association of Schools or its regional counterparts, or a technical training school or college approved by the Accrediting Commission of Career Schools or Colleges of Technology. An eligible fire fighter must comply with the City’s Human Resources’ administrative rules and the Personnel Rules and Regulations regarding the payment of this Education Incentive Pay.
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INCENTIVE PAYS. A. Employees who possess the certification for and are assigned to work as Hazardous Materials Specialists shall receive additional compensation of two percent (2%) of base pay effective the first day of the pay period following assignment.
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Related to INCENTIVE PAYS

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 55 to 59 100% 60 80% 61 60% 62 40% 63 20% 64 0%

  • Education Incentive Pay An employee shall be entitled to receive educational incentive pay as follows:

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Incentive Compensation During the Term, Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Committee, in its sole discretion, from time to time. For the Company’s 2017 fiscal year, Executive’s target annual incentive compensation shall be 45% of Executive’s Base Salary, and will be awarded based on the objective and/or subjective criteria established and approved by the Board or the Committee, as applicable. The Board or Committee shall have the sole discretion to determine whether Executive has earned any bonus and, if so, the amount of such bonus.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Bonus Payments In addition to Base Salary, Executive shall be entitled, during the Employment Term, to participate in and receive payments from all bonus and other incentive compensation plans (as currently in effect, as modified from time to time, or as subsequently adopted) of the Company; provided, however, that nothing contained herein shall grant Executive the right to continue in any bonus or other incentive compensation plan following its discontinuance by the Board (except to the extent Executive had earned or otherwise accumulated vested rights therein prior to such discontinuance).

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

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