Bonuses and Travel Allowance Sample Clauses

The 'Bonuses and Travel Allowance' clause defines the terms under which an employee is eligible to receive additional compensation beyond their base salary, as well as reimbursement or provision for travel-related expenses. Typically, this clause outlines the criteria for earning bonuses, such as performance targets or company profitability, and specifies what travel costs are covered, such as transportation, lodging, or per diem allowances. Its core practical function is to provide transparency and set expectations regarding extra financial benefits, thereby incentivizing performance and ensuring employees are not out-of-pocket for work-related travel.
Bonuses and Travel Allowance 
View SourceView Similar (5)

Related to Bonuses and Travel Allowance

  • Fares and Travel Allowance All Employees shall be entitled to receive the fares and travel allowance as follows:

  • Travel Allowance 18.01 The existing Board travel allowance shall be paid to an Occasional Teacher. This shall only apply when replacing an itinerant teacher.

  • Travel Allowances There shall be no payments for travel expenses, travel time, subsistence allowance or other such reimbursements or special pay except as expressly set forth in this Agreement.

  • FARES AND TRAVELLING ALLOWANCE In lieu of the basic daily excess fares and travel pattern allowance prescribed by Clause 38.1.1 of the award, a payment per day shall be made for each day worked (including RDO’s). This payment shall in no way limit or be construed as a payment in substitution for any other entitlement arising under Clause 38 of the award. Payments shall be as follows: ⮚ 1/3/03 $22.50 per day ⮚ 1/3/04 $23.40 per day ⮚ 1/3/05 $24.55 per day The cost of Citylink tolls or similar will be reimbursed for those employees who are required by the company to use their own vehicle during working hours, but not for travel to and from work.

  • Training Allowance Operators who are required by the Employer to provide training to a specified level and to certify to the competency of the employees so trained shall receive twelve dollars ($12) per day while training. In such cases, the most senior qualified operator with the capability to provide training in the required class of equipment shall be given the opportunity to provide such training.