Common use of Education Incentive Clause in Contracts

Education Incentive. Effective July 1, 2015, employees who hold the following degrees shall receive compensation as outlined below: • Any employee in the Unit possessing an Associate’s Degree from an accredited college or university shall receive $23.09 per pay period in addition to his/her annual salary. • Any employee in the Unit possessing a Bachelor's Degree from an accredited college or university shall receive $46.16 per pay period in addition to his/her annual salary. • Any employee in the Unit possessing a Master’s Degree or higher from an accredited college or university shall receive $56.43 per pay period in addition to his/her annual salary. As soon as an employee provides the Department with a copy of his/her degree from an accredited college or university, the employee will be entitled to this additional compensation on their next paycheck. The term accredited shall mean any accrediting entity that is recognized by the Department of Education or the Council for Higher Education Accreditation, and degrees obtained outside the U.S. if the applicant submits an original, certified, sealed report from an academic credential agency recognized by the National Association of Credential Evaluations Services, the Association of International Credential Evaluators, Inc., or the International Academic Credential Evaluators, Inc.

Appears in 6 contracts

Samples: Collective Bargaining Agreement, emrb.nv.gov, Collective Bargaining Agreement

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