Common use of Lump Sum Bonus Payment Clause in Contracts

Lump Sum Bonus Payment. Each Employee of a respondent Employer, other than a Casual, Casual Relieving Employee or Emergency Teacher, who was employed on 1 November 2013 shall be paid a lump sum bonus of $1,000 (pro rata for part time Employees based on his or her FTE on 1 November 2013). An eligible Employee who was on Leave Without Pay on 1 November 2013 will receive payment for the lump sum bonus upon his or her return to work provided that this occurs on or before 31 October 2016. In these instances, the lump sum bonus payment will be based on the FTE of the Employee prior to the commencement of Leave Without Pay.

Appears in 2 contracts

Sources: Multi Enterprise Agreement, Multi Enterprise Agreement