Bonus schemes Sample Clauses
Bonus schemes. Any employer who introduces an incentive and/or attendance bonus scheme or who already has such a scheme in operation shall within 30 days after introducing such scheme or within 30 days after the coming into operation of this part of the Agreement, submit to the Regional Secretary of the Regional Chamber full details of such scheme and shall similarly within 30 days after effecting any alterations to such scheme submit full details of such alterations to the Regional Secretary of the Regional Chamber. An employee employed on incentive bonus work shall be paid in any week not less than the wages to which he would have been entitled had he been employed on the basis of time worked, and the rate and/or amount or incentive bonus paid to such employee before the dates on which wage increases are due in terms of this part of the Agreement shall not be decreased so as to reduce or nullify the amount of the wage increase to which an employee of his class is entitled in terms of subclause (1). No bonus scheme may be changed without the consent of the employees.
Bonus schemes. The Company has established incentive bonus schemes and, subject to the rules of such schemes, the Officer shall be eligible to participate therein. The Company reserves the right to amend or procure the amendment of the terms of or to terminate or procure the termination of such schemes and to alter the level of the Officer's participation therein without reference to or agreement from him.
Bonus schemes. 7.2.1 There are no schemes in operation entitling an employee of the Company to a commission or remuneration calculated by reference to the whole or part of the turnover, profits or sales of the Company.
7.2.2 The Company has not registered a profit-related pay scheme under the provisions of ICTA Part V Chapter III.
Bonus schemes. 6.2.1 There are no schemes in operation under which any employee of any Group Company is entitled to a commission or remuneration, calculated by reference to the whole or part of the turnover, profits or sales of any Group Company
6.2.2 No Group Company has registered a profit-related pay scheme under ICTA Part V Chapter III.
Bonus schemes. 8.2.1 There are no schemes in operation by, or in relation to, any Group Company whereunder any employee of any Group Company is entitled to a commission or remuneration of any other sort, calculated by reference to the whole or part of the turnover, profits or sales of any Group Company.
Bonus schemes. There is no scheme or arrangement in operation by or in relation to Aris under which any Target Business Employee or other person is entitled to a commission or remuneration of any other sort calculated by reference to the whole or part of the turnover, profits or sales of Aris.
Bonus schemes. It is agreed that the payments provided for in the new machine classification arising from this Agreement are not to be considered as applicable either in whole or in part for calculation of incentive bonuses in existing schemes. Where machine extras have hitherto been included for the calculation of incentive bonuses, increases resulting from the new classifications shall not be included for incentive calculations except where agreement has been reached at house level to offset the additional costs involved.
Bonus schemes. 6.2.1 There are no schemes in operation under which any employee of the Company is entitled to a commission or remuneration, calculated by reference to the whole or part of the turnover, profits or sales of the Company.
6.2.2 The Company has registered a profit-related pay scheme under ICTA Part V Chapter III and the scheme has at all times since commencement been operated in accordance with the rules of the scheme and any alteration in its terms has been notified to the Board of the Inland Revenue and it has at no time been deregistered and that based upon the Company's profits to 31 January 1997 there has not been an overdistribution of the PRP pool to participating employees.
Bonus schemes. (a) Except as set forth in Section 4.21 of the Disclosure Schedule, there are no schemes in operation under which any employee of the Company, the Subsidiaries or, to the knowledge of the Warrantors, an Investment is entitled to a commission or remuneration calculated by reference to the whole or part of the turnover, profits, or sales of the Company, any Subsidiary, or any Investment (as relevant).
(b) None of the Company, the Subsidiaries and, to the knowledge of the Warrantors, the Investments has registered any profit-related pay scheme under Part V, Chapter III of the Income and Corporation Taxes Act ▇▇▇▇.
Bonus schemes. 24.1 Bonus schemes have been seen as one of the major causes of equal pay litigation in local government and longstanding advice is that they should be avoided.