Labour Market Forum 2010 - Planning Institute of Jamaica
Labour Market Forum 2010 - Planning Institute of Jamaica
Labour Market Forum 2010 - Planning Institute of Jamaica
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Elements <strong>of</strong> performance payments are production incentives,<br />
performance bonuses, pr<strong>of</strong>it sharing, share participation,<br />
special awards such as dinners, paid holiday/special event<br />
trips, non-monetary recognition and reward, etc.<br />
These perhaps represent the best established cafeteria type<br />
payment systems in the Caribbean. This is especially so at the<br />
senior levels where incumbents and prospective employees are<br />
allowed to negotiate the structure and nature <strong>of</strong> pay/reward.<br />
Cafeteria type systems are not much in evidence in the<br />
Caribbean, perhaps because they are very costly to<br />
administer. An example from Cincinnati State Contract<br />
AGREEMENT BETWEEN CINCINNATI STATE TECHNICAL AND<br />
COMMUNITY COLLEGE AND SEIU/ DISTRICT 925, AFL/CIO, CLC:<br />
Article 44<br />
Cafeteria Benefits Plan<br />
Effective September 1, 1996, the College shall provide a<br />
"Cafeteria" style benefit plan, (the Cafeteria Benefits Plan per<br />
the S.G. Donahue and Co. proposal) with the College<br />
providing a predetermined amount <strong>of</strong> benefit dollars sufficient<br />
for each eligible full time employee to "purchase" the following<br />
90