Common use of Educational Differential Clause in Contracts

Educational Differential. The Employer will pay additional compensation above the base rate, in the sum of one thousand five hundred dollars ($1,500) per year to a regular full-time Employee who holds a baccalaureate degree and one thousand eight hundred fifty dollars ($1,850) to any Employee who holds a master’s degree or a doctorate degree from an accredited educational institution. Compensation under this section must be for a degree in nursing or a degree from an accredited institution in an allied field, as determined by the Employer. Regular part-time Employees will be entitled to a proportionate benefit under this section. The effective date of such differential shall be the date the Employer is notified of receipt of appropriate degree by the Employee.

Educational Differential. The Employer will pay additional compensation above the base rate, in the sum of one thousand five one hundred dollars ($1,5001100) per year to a regular full-full time Employee employee who holds a baccalaureate degree, one thousand four hundred dollars ($1400) to any employee who hold a master’s degree and one thousand eight six hundred fifty dollars ($1,8501600) to any Employee employee who holds a master’s degree or a doctorate degree from an accredited educational institution. Compensation under this section must be for a degree in nursing or a degree from an accredited institution in an allied field, as determined by the Employer. Regular part-part time Employees employees will be entitled to a proportionate benefit under this section. The effective date of such differential shall be the date the Employer is notified of receipt of appropriate degree by the Employeeemployee.