The recruitment bonus will allow for tvsi to recruit new staff, but also keep the staff at watkins-logan for at least a year to receive the entire bonus

Ended Project Grant Awarded Last action

Award ID
TX5491NRG
Recipient
Awarding agency
Obligated
-$66,400

Award facts

Completion date
Place of performance
Texas, USA

Award details come from USAspending.gov.

Description

The first payment of 25% will be made within 90 days from the start of their employment. The subsequent payments of 25% will be made upon the completion of 6 months, 9 months and at the completion of one year (12 full months) of employment. This will ensure that an employee will stay employed with tvsi at watkins-logan an entire year before they receive the entire bonus. Employees will sign a recruitment sign-on bonus agreement (appendix b) before any monies are paid to the new employee. $80,000 the referral bonus is to reward those employees who are making referrals and bringing good employees to tvsi for watkins-logan. This bonus will be paid to the employee who made the referral on a monthly basis for an entire year as long as the new employee stays at the facility. IT will be paid out in $100.00 increments over a 12-month timeframe. Employees will sign a referral bonus agreement before any monies are paid. $3,600 the employee retention bonus will reward employees who have shown commitment to tvsi at watkins-logan over the past year and encourage employees to continue to work for tvsi at ambrosio guillen. Any nursing employee who has over a year of service with tvsi at watkins- logan as of october 1, 2021 will be eligible to receive an annual bonus paid out in 25% quarterly increments over a 12-month timeframe. The determination of which certified nursing. $49,200 assistants, licensed practical nurses, and registered nurses receive this bonus will be at the discretion of the tvsi. Employees will sign a retention bonus agreement before any monies are paid. Total cost $132,800

Transactions

Action Obligated Date
Amendment -$1
Amendment -$1
Amendment -$66,399
Amendment -$66,399
Original award $66,400

Quick answers

Who received award TX5491NRG?

TX5491NRG was awarded to State Of Texas Veterans Land Board by Veterans Health Administration (Department of Veterans Affairs) on October 1, 2021.

How much is award TX5491NRG worth?

Obligations on TX5491NRG net to -$66,400: more has been deobligated than obligated.

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