Common use of Education Incentive Program Clause in Contracts

Education Incentive Program. Every employee who has an Associate of Arts or Science Degree (AA/AS) from an accredited school or college upon employment, or who achieves an AA or AS Degree from an accredited school or college during employment, shall receive three percent (3%) additional pay added to their base salary. Every employee who has a Bachelor of Arts or Science (BA/BS) Degree from an accredited school or college upon employment, or who achieves a BA or BS degree from an accredited school or college during employment, shall receive in addition to the three percent (3%) pay, two hundred Dollars ($200) added to their monthly base salary. Employees must present a copy of their Degree(s) to Human Resources in order to qualify for this benefit.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding