Points Equivalencies Clause Samples
The Points Equivalencies clause defines how points, often used in loyalty or rewards programs, are converted into other forms of value such as cash, discounts, or goods. It typically specifies the rate at which points can be redeemed, any limitations on their use, and may outline scenarios where different equivalency rates apply. This clause ensures transparency and consistency in how points are valued and redeemed, preventing disputes and misunderstandings between the parties involved.
Points Equivalencies a. One (1) semester of graduate credit hour = Maximum of one
(1) point.
b. One (1) semester undergraduate credit hour with the recommendation of the Chief Academic Officer prior to taking the course = Maximum of one (1) point. A limit of five (5) undergraduate credits per salary category.
c. Graduate and undergraduate semester hours used for placement on the BA/BS + 15, BA/BS + 30, MA/MS + 15, MA/MS + 30 and MA/MS + 45 salary categories must be earned after completion of the appropriate degree.
d. No more than one-third (1/3) of the points necessary for placement on any salary schedule column may be other than graduate and under-graduate credit points respectively.
Points Equivalencies. 1. One (1) semester of graduate credit hour = Maximum of one (1) point.
2. One (1) semester undergraduate credit hour with the recommendation of the Chief Academic Officer prior to taking the course = Maximum of one (1) point. A limit of five (5) undergraduate credits per salary category.
3. Graduate and undergraduate semester hours used for placement on the BA/BS + 15, BA/BS + 30, MA/MS + 15, MA/MS + 30 and MA/MS + 45 salary categories must be earned after completion of the appropriate degree.
4. No more than one-third (1/3) of the points necessary for placement on any salary schedule column may be other than graduate and under-graduate credit points respectively.
i. Maximum of three (3) points per professional peer reviewed publication. Number of points awarded to be evaluated by the Points Evaluation Committee. Submitters will be asked to describe publication editing process.
ii. Maximum of two (2) points per project for Research with the recommendation of the Chief Academic Officer to conducting the research. For recommendation, a research design proposal needs to be submitted. Number of points awarded to be evaluated by the Points Evaluation Committee.
iii. A maximum of three (3) points per course or workshop to be evaluated by the Points Evaluation Committee. Points for non-credit courses or workshops, in the area of the Employee’s assignment, with the approval of the Chief Academic Officer prior to attending the non-credit course or workshop will be awarded at the rate of eight (8) hours to sixteen (16) hours of attendance = 0.5 point and seventeen (17) hours or more will be reviewed by the Chief Academic Officer for determination of points. No points will be awarded for events or activities under eight (8) hours.