Common use of Performance Incentive Plan Clause in Contracts

Performance Incentive Plan. The District maintains a Performance Incentive Plan. The Plan participation is voluntary for District employees. The employee and their respective supervisor will prepare individual annual performance plans – setting goals, standards and objectives consistent with their job classification and District programs. These plans shall be developed prior to March each year, and will be re-evaluated after a twelve month period. Upon successful completion of the Plan, an incentive pay premium will become effective for a period of twelve months. An employee must satisfactorily continue to meet the goals of the Plan in order to remain eligible during the twelve month period. Employees are encouraged to continue with their individual Performance Incentive Plans. The Plan is subject to Administrative & Finance Manager review and approval by the District Manager.

Performance Incentive Plan. The District maintains a Performance Incentive Plan. The Plan participation is voluntary for District employees. The employee and their respective supervisor will prepare individual annual performance plans – - setting goals, standards and objectives consistent with their job classification and District programs. These plans shall be developed prior to March each year, and will be re-evaluated after a twelve month period. Upon successful completion of the Plan, an incentive pay premium will become effective for a period of twelve months. An employee must satisfactorily continue to meet the goals of the Plan in order to remain eligible during the twelve month period. Employees are encouraged to continue with their individual Performance Incentive Plans. The Plan is subject to Administrative & Finance Assistant Manager review and approval by the District Manager.