Performance Based Advancement within a Pay Range Sample Clauses

Performance Based Advancement within a Pay Range. Employees may be eligible to receive a step increase based upon completion of one (1) year of continuous employment at the current step. The anniversary date for a step increase shall be the first day following completion of one (1) year of continuous employment and annually thereafter. To be eligible for the step increase on the anniversary date, the Employee must not be engaged in a Performance Improvement Plan, (PIP) resulting in an unsatisfactory performance evaluation. Notification of unsatisfactory performance along with ordered corrective actions shall be documented by the employer and presented to the Employee when singular or cumulative performance warrants a PIP. Employees working under a PIP at the time of the evaluation shall not be awarded a step increase on the anniversary date. Employees not receiving a step increase shall be re-evaluated based on the criteria listed in the PIP at the end of a ninety (90) day period. If the Employee’s performance evaluation is satisfactory at that time, the Employee shall receive the next step increase. If the Employee’s performance evaluation is unsatisfactory at the end of the ninety (90) day period, the Employee shall not receive a step increase for that twelve (12) month period. Employee evaluations shall occur within a thirty (30) day window either preceding or following the Employee anniversary date. Re-evaluations shall occur within the same thirty (30) day window of the ninety (90) day period. Any increase in an Employee’s rate of pay shall be effective on the first working day immediately following completion of the applicable period of service. Pay step increases may be accelerated if deemed appropriate by the City.
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Related to Performance Based Advancement within a Pay Range

  • Performance Based Compensation During the Period of Employment and assuming Executive remains continuously employed by the Company through the end of the relevant fiscal year, Executive shall also be entitled to participate in an annual performance-based cash bonus program as set forth in Exhibit B.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in