INCENTIVE STANDARD Sample Clauses

INCENTIVE STANDARD. The standard is expressed in terms of standard hours required to produce 1000 units, such as pieces, pounds, or feet. It measures how many units an average qualified employee can produce under standard conditions in one hour at a normal pace. It includes time allowances for miscellaneous work elements; short delays which are unavoidable even when the job is running properly and allowances for rest and personal needs. An employee earns incentive pay by producing more than standard. The incentive pay is computed on the base rate as set forth in Schedule "A". For example, if the standard is 100 pieces per hour, i.e., 10.0 standard hours per thousand pieces, the average qualified employee, by applying reasonable proportionate extra effort, attention, and care to the job, should, working as provided in paragraph 1, turn out 960 pieces in an 8 hour shift. He/she will then have earned 9.6 standard hours. 10 Standard Hours 900 x = 9.6 hours 1000 pieces If the base rate on the job is $1.60 per hour, his earnings for the shift will be $15.36 ($1.60 x 9.6 standard hours), $2.56 more than he/she would have earned at the base rate.
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INCENTIVE STANDARD. The standard is expressed in terms of standard hours required to produce units, such as pieces, pounds, or feet. It measures how many units an average qualified employee can produce under standard conditions in one hour at a normal pace. It includes time allowances for miscellaneous work elements; short delays which are unavoidable even when the job is running properly and allowances for rest and personal needs. An employee earns incentive pay by producing more than standard. The incentive pay is computed on the base rate as set forth in Schedule "A". For example, if the standard is pieces per hour, i.e., standard hours per thousand pieces, the average qualified employee, by applying reasonable proportionate extra effort, attention, and care to the job, should, working as provided in paragraph turn out pieces in an hour shift. will then have earned standard hours. Standard Hours x = hours pieces If the base rate on the job is per hour, his earnings for the shift will be ($1.60 x standard hours), more than would have earned at the base rate.
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INCENTIVE STANDARD. The standard is expressed in terms of standard hours required to produce 1000 units, such as pieces, pounds or feet. It measures how many units an average qualified employee can produce under standard conditions in one hour at a normal pace. It includes time allowances for rest and personal needs. An employee earns incentive pay by producing more than standard. The incentive pay is computed on the base rate as set forth in Appendix "A". For example, if the standard is 100 pieces per hour, i.e. 10.0 standard hours per one thousand pieces, the average qualified employee, by applying reasonable proportionate extra effort, attention, and care to the job should, working as provided in paragraph 1, turn out 960 pieces per an eight (8) hour shift. He/she will then have earned 9.6 standard hours. 960 X 10 Standard Hours = 9.6 Hours 1000 pieces Rate 600 min. M Earned 576 min Base Rate $1.60 Hr. Worked 480 min. Earned Rate $1.92 Hr. Bonus 96 min. or 20%
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Related to INCENTIVE STANDARD

  • Performance Standard Contractor shall perform all work hereunder in a manner consistent with the level of competency and standard of care normally observed by a person practicing in Contractor's profession. County has relied upon the professional ability and training of Contractor as a material inducement to enter into this Agreement. Contractor hereby agrees to provide all services under this Agreement in accordance with generally accepted professional practices and standards of care, as well as the requirements of applicable federal, state and local laws, it being understood that acceptance of Contractor’s work by County shall not operate as a waiver or release. If County determines that any of Contractor's work is not in accordance with such level of competency and standard of care, County, in its sole discretion, shall have the right to do any or all of the following: (a) require Contractor to meet with County to review the quality of the work and resolve matters of concern; (b) require Contractor to repeat the work at no additional charge until it is satisfactory; (c) terminate this Agreement pursuant to the provisions of Article 4; or (d) pursue any and all other remedies at law or in equity.

  • Performance Standards The Contractor agrees to perform all tasks and provide deliverables as set forth in the Contract. The Department and the Customer will be entitled at all times, upon request, to be advised as to the status of work being done by the Contractor and of the details thereof.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • System for Award Management (▇▇▇) Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a ▇▇▇.▇▇▇ proof of registration and Commercial and Government Entity (CAGE) number. Grantee will continue to maintain an active ▇▇▇ registration with current information at all times during which it has an active award under this Agreement.