Common use of Performance Pay Clause in Contracts

Performance Pay. In addition to normal salary progression, the employer may decide to pay an additional performance payment to an employee or team for outstanding achievement(s). Any such payment will generally be defined by written performance criteria and signed by the employee or team and the employer. The written agreement will include a list of objectives, the performance measures that will be used to evaluate achievements, the amount available and timing of payment.

Appears in 2 contracts

Samples: Collective Employment Agreement, Collective Employment Agreement

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Performance Pay. In addition to normal salary progression, the employer progression performance payments may decide to pay an additional performance payment be made to an employee or team for outstanding achievement(s). Any such payment Such payments will generally be defined by written performance criteria agreements drawn up between the employees and signed by the employee or team and the employertheir manager. The written agreement will include a list of objectives, the performance measures that will be used to evaluate achievements, achievements and the amount available and timing of payment.

Appears in 1 contract

Samples: Employment Agreement

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Performance Pay. β€Œ In addition to normal salary progression, the employer progression performance payments may decide to pay an additional performance payment be made to an employee or team for outstanding achievement(s). Any such payment Such payments will generally be defined by written performance criteria agreements drawn up between the employees and signed by the employee or team and the employertheir manager. The written agreement will include a list of objectives, the performance measures that will be used to evaluate achievements, achievements and the amount available and timing of payment.

Appears in 1 contract

Samples: Employment Agreement

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