Educational Incentive Compensation Sample Clauses

Educational Incentive Compensation. 26.01 Any employee who is enrolled in an accredited program leading to an associate’s degree may request financial assistance for the costs of tuition, books and other required course materials under the following conditions:
Sample 1
AutoNDA by SimpleDocs
Educational Incentive Compensation. Effective Jan. 1, 2022, eligibility for education incentive is as follows: For Police Officers and Police Corporals who are eligible to obtain a certificate issued by the State of California Commission on Peace Officer Standards and Training (POST): Level Eligibility Requirements Incentive Pay Amount 1 POST Basic Certificate $93 biweekly 2 POST Intermediate Certificate $232 biweekly 3 POST Advanced Certificate $324 biweekly For Police Sergeants who are eligible to obtain a certificate issued by the State of California Commission on Peace Officer Standards and Training (POST): Level Eligibility Requirements Incentive Pay Amount 1 POST Basic Certificate $99 biweekly 2 POST Intermediate Certificate $248 biweekly 3 POST Advanced Certificate $347 biweekly For non-sworn employees who are eligible to obtain a certificate issued by the State of California Commission on Peace Officer Standards and Training (POST) or who meet the education requirement outlined below: Level Eligibility Requirements Incentive Pay Amount 1 POST Basic Certificate or High School diploma or GED $62 biweekly 2 POST Intermediate Certificate or Associate degree $152 biweekly 3 POST Advanced Certificate or Baccalaureate degree $218 biweekly Eligibility for receiving the compensation will be based upon the date the employee provides evidence of eligibility to the Professional Standards Division Sergeant, Carlsbad Police Department. It is the sole responsibility of the employee to make notification of eligibility for the education incentive pay.
Sample 1
Educational Incentive Compensation. 1. All employees qualified under these provisions shall be eligible to apply for educational incentive compensation.
Sample 1
Educational Incentive Compensation. Section 1. Educational Committee There shall be established an Educational Committee (hereinafter referred to as the Committee) comprised of the Chief of Police, The Personnel Director, and a member of the Xxxxxxx Police Superior Officers Association designated by the Association President. It shall be their responsibility to supervise and implement the programs listed below. They shall have the following responsibilities:
Sample 1
Educational Incentive Compensation. Effective between January 1, 2019 and until the first day of the pay period following ratification of this MOU by the City Council: Level 1: Applicable to all employees in the bargaining unit represented by the CPOA.
Sample 1
Educational Incentive Compensation. Effective the first full payroll period following City Council approval of this agreement, the below described Educational Incentive Program shall be effective.
Sample 1
Educational Incentive Compensation. As of January 1, 1996, the below described Educational Incentive Program shall be effective.
Sample 1
AutoNDA by SimpleDocs
Educational Incentive Compensation. Employees who presently hold, or who subsequently obtain a degree (BA or BS) shall receive educational incentive compensation of $220 per month. Employees who presently hold, or who subsequently obtain college course credits shall receive educational incentive compensation as follows: Completion of Compensation per month 15 hours of college credit $40 30 hours of college credit $80 45 hours of college credit $120 60 hours of college credit $160 BA or BS $220
Sample 1

Related to Educational Incentive Compensation

  • Educational Incentive Pay Effective January 1, 2022, the current Education Incentive Differential (EID) rates from the pre-existing salary schedules shall be eliminated and, in their place, the following Educational Incentive Pay program will be applied. The salary schedules contained in Addendum B reflect the new Educational Incentive pay allowances. Upon successful completion of field training and promotion to the rank of Police Officer, an officer who has received or obtains one of the degrees set forth below from an accredited college or university shall receive an annual incentive allowance added to their hourly rate, as follows: • $1,500 for associate’s degree ($0.723/hour) • $3,000 for bachelor’s degree ($1.446/hour) • $4,500 for master’s degree and above ($2.169/hour) Educational incentives are not cumulative, but rather the employee will be entitled to the highest incentive based on the degree(s) obtained. In the event an employee obtains a new or higher degree during employment, the employee will submit to the Department proof of degree attainment. Upon verification and approval by the Department, within thirty (30) days of submission, the employee’s pay will be adjusted effective on the first day of the pay period following the date of submission by the employee. Any current employee with an EID classification will be adjusted to the non-EID rate, but will receive the annual incentive allowance as part of their hourly rate, spread over twenty-six (26) pay periods. The hourly rate will be calculated by dividing the annual educational incentive by 2,074 hours. Educational incentive pay will be included in the regular rate for overtime purposes. In addition, it will be counted as part of the employee’s annual salary for pension purposes, consistent with the prevailing Fire & Police Employees Retirement System regulations, and reflected on the salary schedules.

  • Educational Incentive For those employees receiving educational incentive payment at the time of layoff, upon re-employment, such employees shall be eligible to receive educational incentive.

  • EDUCATIONAL INCENTIVES As part of the District’s commitment to enhance the knowledge, skills, abilities and opportunities for promotion of its classified employees, the District offers the following programs:

  • Educational Incentive Program 15.2.1 A regular monthly classified unit member covered by this Agreement shall be granted a one-step increase (up to a step maximum of step G for Office/Technical unit members) on the first (1st) of the month following verification of satisfactory completion (grade of “C” or above) of twelve (12) semester units of credit from an accredited institution. Courses must have been enrolled in and credits must have been earned subsequent to the unit member's employment with the District. Official transcripts verifying a grade of “C” or above will be considered proof of satisfactory completion, in addition to the Educational Incentive Program Request for Salary Advancement Form, shall be provided by the eligible unit member and forwarded to the Office of Human Resources. Units of credit obtained prior to promotion must be applied toward step movement within sixty (60) calendar days of effective promotion date. The unit member shall ensure that the Compensation department is aware of these additional credits within this sixty (60) day period.

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Executive Compensation Until such time as the Investor ceases to own any debt or equity securities of the Company acquired pursuant to this Agreement or the Warrant, the Company shall take all necessary action to ensure that its Benefit Plans with respect to its Senior Executive Officers comply in all respects with Section 111(b) of the EESA as implemented by any guidance or regulation thereunder that has been issued and is in effect as of the Closing Date, and shall not adopt any new Benefit Plan with respect to its Senior Executive Officers that does not comply therewith. “Senior Executive Officers” means the Company's "senior executive officers" as defined in subsection 111(b)(3) of the EESA and regulations issued thereunder, including the rules set forth in 31 C.F.R. Part 30.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • RETIREMENT INCENTIVE PROGRAM A. A Retirement Incentive Program will be provided by the District based upon the conditions stipulated below:

  • Deferred Compensation Program ‌ Unit members shall continue to be eligible to join the County’s Deferred Compensation Plan. Said employees will be bound by the same Plan, rules and participation agreements as are generally applicable to other County employees. DSA acknowledges that County retains the right to alter, amend, or repeal the current plan, rules, and participation agreements, at any time. The County shall not charge an administrative fee to participating employees.

  • Education Incentive Pay An employee shall be entitled to receive educational incentive pay as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.