(2) A cash award under this segment shall be equivalent to an volume established appropriate by The pinnacle from the company, but will not be over ten per cent of the employee's yearly fee of basic shell out. Notwithstanding the preceding sentence, the company head might authorize a cash award equal to an amount exceeding ten p.c of the worker's annual charge of basic fork out Should the company head decides that Excellent functionality by the employee justifies these types of an award, but in no scenario may well an award below this section exceed twenty % of the worker's yearly price of basic shell out.
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(b) The Director of OMB shall issue Guidelines to your organizations subject matter to this part specifying when details will be to be submitted, and also the content and kind of these details.
Conventional variations are created to conform While using the definitions applicable as well as the type of this title as outlined in the preface to your report.
(d) The previous provisions of the section shall be relevant with regard to any personnel to whom subchapter III of chapter fifty three applies, also to any category of employees delivered for below subsection (e).
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