Certification Premium definition

Certification Premium. An employee who obtains and maintains the Telecommunicator I, II, and IV certifications through the Washington Criminal Justice Training Commission or designated equivalent will receive one percent (1%) certification premium pay, beginning when all three certifications are obtained. This premium may be stacked with any other specialty pay or premium pay. If the Telecommunicator IV certification is no longer offered by the Criminal Justice Training Commission, the Deputy Director in conjunction with the Training Supervisor will create an equivalent replacement. The replacement will include a combination of reading assignment, independent study courses and in-person training. Employees will be eligible to begin the additional training once they have obtained Telecommunicator I & II certifications, completed regular training and have achieved Dispatcher II status. All additional training must be documented through one or more of the following: test or quiz, certificate of completion or short summary of training written by the employee.
Sample 1
Certification Premium. An employee who obtains and maintains the Telecommunicator I, II, and IV certifications through the Washington Criminal Justice Training Commission will receive one percent (1%) certification premium pay, beginning when all three certifications are obtained. This premium may be stacked with any other specialty pay or premium pay.
Sample 1
Certification Premium. A certification premium of sixty-five cents ($.65) per hour worked shall be paid to those employees who have achieved and maintain a current national certification beyond that which is required per their job description. This certification must be approved by the department manager. In order to acquire such premium, the employee covered by this Agreement must make a written application to the unit/department manager and provide appropriate documentation regarding the certification for which the premium pay is requested. An employee will only be compensated for one certification. Such information must be verified by Human Resources prior to compensation.
Sample 1

Examples of Certification Premium in a sentence

  • The Certification Premium will apply to recognized external certifications and eligible suppliers who meet specific selection criteria.

  • Should the employee refuse to sign such a letter, his Certification Premium will be capped at $2,000.

  • Any employee receiving a premium greater than $5,000 who chooses to resign during that 24 month period, whatever the reason, must repay the Certification Premium on a prorated basis based on the number of months worked during the 24 month period.

  • The employee who qualifies to receive the Certification Premium will be paid in one lump sum in the quarter following the quarter during which he received a recognized external certification from an eligible supplier.

  • Premiums over $5,000 If the Certification Premium is more than $5,000, the employee must sign a letter agreeing that he will not accept any job offer from a competitor or a subsidiary of BCE within the 24 months following the date on which he received his payment unless authorized by his business unit.

  • The result of the Certification Premium Program will be forwarded annually to the national representative of the Union responsible for the bargaining unit.

  • A Certification Premium is established to recognize Regular employees who achieve a recognized external certification on their own time.

  • A PMB solution includes functions required to offer and maintain individual and group insurance products including Qualified Health Plan (QHP) Certification, Premium Billing, Collections & Reconciliation, Enrollment Maintenance, and more, required to offer individual and group health insurance products on the HBE and both support and sustain its seamless operation.

  • The result of the Certification Premium Program will be reviewed bi annually with the Joint Working Committee (Career Planning and Development) with a view to improve the processes.

  • Premiums over $5,000 If the Certification Premium is more than $5,000, the employee must sign a letter agreeing that he will not act any job offer from a competitor or a subsidiary of BCE within the 24 months following the date on which he received his payment unless authorized by his business unit.

Related to Certification Premium

  • Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Certificate Notional Amount With respect to any Interest Only Certificate, as of any date of determination, the then notional principal amount on which such Certificate accrues interest, equal to the product of (a) the then Certificate Factor for the Class of Interest Only Certificates to which such Certificate belongs, multiplied by (b) the amount specified on the face of such Certificate as the initial Certificate Notional Amount thereof.

  • Differential Amount means the Differential Amount as calculated or, respectively, specified by the Calculation Agent pursuant to § 4 of the Special Conditions.

  • Penalty Rate means the Stated Rate plus two percent (2.00%) per annum of the Liquidation Price of each share of Series A Preferred Stock.

  • Component Notional Amount Not applicable.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Notional Amount With respect to any Class or Subclass of Interest Only Certificates, an amount used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Supplemental Amount The amount deposited in the Supplemental Loan Account on the Closing Date, which shall equal $0.00.

  • Certificate Principal Amount With respect to any Certificate (other than an Interest-Only Certificate), at the time of determination, the maximum specified dollar amount of principal to which the Holder thereof is then entitled hereunder, such amount being equal to the initial principal amount set forth on the face of such Certificate, less (i) the amount of all principal distributions previously made with respect to such Certificate; (ii) all Realized Losses allocated to such Certificate; provided, however, that on any Distribution Date on which a Subsequent Recovery is distributed, the Certificate Principal Amount of any Class of Certificates then outstanding to which a Realized Loss amount has been applied will be increased, in order of seniority, by an amount equal to the aggregate amount of any Subsequent Recovery distributed on such date to Holders of the Certificates, after application (for this purpose) to more senior Classes of Certificates pursuant to this Agreement and (iii) in the case of a Subordinate Certificate, any Subordinate Certificate Writedown Amount allocated to such Certificates. For purposes of Article V hereof, unless specifically provided to the contrary, Certificate Principal Amounts shall be determined as of the close of business of the immediately preceding Distribution Date, after giving effect to all distributions made on such date. Interest-Only Certificates are issued without Certificate Principal Amounts.

  • Initial Amount means, with respect to the Proposition 1A Receivable, the amount of property tax revenue reallocated away from the Seller pursuant to the provisions of Section 100.06 of the Revenue and Taxation Code, as certified by the County Auditor pursuant to the Act.

  • Current Principal Amount With respect to any Certificate (other than an Interest Only Certificate) as of any Distribution Date, the initial principal amount of such Certificate, and reduced by (i) all amounts distributed on previous Distribution Dates on such Certificate with respect to principal, (ii) the principal portion of all Realized Losses allocated prior to such Distribution Date to such Certificate, taking account of the Loss Allocation Limitation and (iii) in the case of a Subordinate Certificate, such Certificate's pro rata share, if any, of the applicable Subordinate Certificate Writedown Amount for previous Distribution Dates. With respect to any Class of Certificates (other than an Interest Only Certificate), the Current Principal Amount thereof will equal the sum of the Current Principal Amounts of all Certificates in such Class. Notwithstanding the foregoing, solely for purposes of giving consents, directions, waivers, approvals, requests and notices, the Class R-I, Class R-II and Class R-III Certificates after the Distribution Date on which they each receive the distribution of the last dollar of their respective original principal amount shall be deemed to have Current Principal Amounts equal to their respective Current Principal Amounts on the day immediately preceding such Distribution Date.

  • Transfer Premium shall also include, but not be limited to, key money, bonus money or other cash consideration paid by Transferee to Tenant in connection with such Transfer, and any payment in excess of fair market value for services rendered by Tenant to Transferee or for assets, fixtures, inventory, equipment, or furniture transferred by Tenant to Transferee in connection with such Transfer. The determination of the amount of Landlord’s applicable share of the Transfer Premium shall be made on a monthly basis as rent or other consideration is received by Tenant under the Transfer.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Accrual Amount With respect to any Class of Accrual Certificates and any Distribution Date prior to the Accrual Termination Date, the amount allocable to interest on such Class of Accrual Certificates with respect to such Distribution Date pursuant to Section 4.02(a)(ii).

  • Class X Notional Amount As of any date of determination, the sum of the then Component Notional Amounts of all the Components.