Performance Salary Incentive Sample Clauses

A Performance Salary Incentive clause establishes a system where employees receive additional compensation based on meeting or exceeding specific performance targets. Typically, this clause outlines the criteria for earning incentives, such as achieving sales goals, completing projects ahead of schedule, or surpassing productivity benchmarks. By directly linking pay to measurable results, the clause motivates employees to perform at higher levels and aligns their efforts with the organization's objectives.
Performance Salary Incentive. In addition to the base salary provided above, the Superintendent shall be eligible to receive salary enhancements in accordance with Section 1001.50, Florida Statutes, if: 1. The Superintendent meets and maintains the certification requirements for the special qualification salary (Section 1001.47(4), Florida Statutes) (a $2,000 annual enhancement) and 2. The Superintendent receives and maintains a Chief Executive Offer Leadership Development Certificate (Section 1001.47(5), Florida Statutes) (an annual enhancement per rating). 3. It is specifically understood between the parties that any salary enhancement earned under this paragraph shall not be considered part of the Superintendent’s base salary.
Performance Salary Incentive. In addition to the base annual salary provided in sections 6.1.1. and 6.1.2. above, and the performance-based incentive pay option set forth in section 6.1.3 above, the Superintendent shall be eligible to receive salary enhancements in accordance with Section 1001.50, Florida Statutes, if: 6.2.1. He meets and maintains the certification requirements for the special qualification salary as set forth in Section 1001.47(4), Florida Statutes (a $2,000.00 annual recurring enhancement) by completing, obtaining, and maintaining the certification through the Florida Association of District School Superintendents. If the certification is earned during a school year, the increase shall be prorated from the date the certification received to June 30th of that year; and/or 6.2.2. He receives and maintains a Chief Executive Officer Leadership Development Certificate as set forth in Section 1001.47(5), Florida Statutes (a $3,000.00 to $7,500.00 annual recurring enhancement) by completing, obtaining, and maintaining the certification through the Florida Association of District School Superintendents. If the certification is earned during a school year, the increase shall be prorated from the date the certification received to June 30th of that year. It is specifically understood between the parties that any monies earned under this section 6.2 shall not be considered a part of the Superintendent’s base salary.
Performance Salary Incentive. In addition to the base salary provided above, the Superintendent shall be eligible to receive salary enhancements if: 1. The Superintendent maintains all seven school grades as a “C” or above payable upon the release of the school grades (a $5,000 annual enhancement) and 2. It is specifically understood between the parties that any salary enhancement earned under this paragraph shall not be considered part of the Superintendent’s base salary.
Performance Salary Incentive. In addition to the base annual salary provided in sections 6.1.1. and 6.1.2. above, the Superintendent shall be eligible to receive salary enhancements in accordance with Section 1001.50, Florida Statutes, if: 6.2.1. He meets and maintains the certification requirements for the special qualification salary as set forth in Section 1001.47(4), Florida Statutes (a $2,000.00 annual recurring enhancement) by completing, obtaining, and maintaining the certification through the Florida Association of District School Superintendents. If the certification is earned during a school year, the increase shall be prorated from the date the certification received to June 30th of that year; and/or 6.2.2. He receives and maintains a Chief Executive Officer Leadership Development Certificate as set forth in Section 1001.47(5), Florida Statutes (a $3,000.00 to $7,500.00 annual recurring enhancement) by completing, obtaining, and maintaining the certification through the Florida Association of District School Superintendents. If the certification is earned during a school year, the increase shall be prorated from the date the certification received to June 30th of that year. It is specifically understood between the parties that any monies earned under this section 6.2 shall not be considered a part of the Superintendent’s base salary.

Related to Performance Salary Incentive

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.