Common use of Education Incentive Clause in Contracts

Education Incentive. Eligible employees in the Unit shall receive a two percent (2%) of base salary for possession of an Associate in Arts and/or Associate in Science degree from an authorized, regionally accredited educational institution. Eligible employees in the Unit shall receive a total of five percent (5%) of base salary for possession of a Bachelor of Arts and/or Bachelor of Science degree from a regionally accredited university and/or college as recognized by the United States Department of Education for Post-Secondary Institutions and Programs and/or another authorized source as approved by the appointing authority in writing and submitted to the Department of Human Resources for verification. The educational incentive is not cumulative and the maximum educational incentive an eligible employee may receive is five percent (5%) (Bachelor’s Degree).

Education Incentive. ‌ Eligible employees in the Unit shall receive a two percent (2%) of base salary for possession of an Associate in Arts and/or Associate in Science (A.A.) degree from an authorized, regionally accredited authorized educational institution. Eligible employees in the Unit shall receive a total of five three percent (53%) of base salary for possession of a four-year college degree (Bachelor of Arts and/or Bachelor of Science degree Sciences degree) from a regionally an accredited university University and/or college College as recognized by the United States Department of Education for Post-Secondary Institutions and Programs and/or another authorized source as approved by the appointing authority in writing and submitted to the Department of Human Resources for verification. The educational incentive is not cumulative and the maximum educational incentive an eligible employee may receive is five three percent (53%) (Bachelor’s Degree).