Education Incentive. Management will pay an education incentive bonus to those Employees who have earned a degree from an accredited college in accordance with the scale provided below: Amount Degree $300 Associate’s Degree $650 Bachelor’s Degree $1000 Post Graduate Degree The incentive pay bonuses shall be paid in the first pay period in November on an annual basis. The Employee shall submit proof of an earned degree if not already on file. Employees will receive the annual incentive for degrees obtained prior to their employment by the City. The incentive will only be paid to employees earning a degree after their hire by the City where the degree earned is in a field of study related to the employee’s bargaining unit work, as determined by the Chief. Upon earning a qualifying degree after their hire date, and in addition to the annual education incentive payment, the Employee shall receive a one-time lump sum payment of the corresponding annual incentive. This paragraph shall in no way apply to Section 19.05 (Tuition Reimbursement) of this Agreement.
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Samples: dam.assets.ohio.gov, Agreement, serb.ohio.gov
