Educational incentive pay definition

Educational incentive pay means incentive pay
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Educational incentive pay means incentive pay designed to reward completion of certain hours of college credit, adjusted by the city from time to time, that is paid to a member in addition to the member's salary.
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Examples of Educational incentive pay in a sentence

  • Educational incentive pay will be included in the regular rate for overtime purposes.

  • Educational incentive pay shall begin on the first full pay period after the employee has documentation to the Police Chief or designee that shows the requisite certificate(s), training and/or education has been attained.

  • Educational incentive pay for associate’s and bachelor’s degrees earned are mutually exclusive of one another and may not be combined.

  • Educational incentive pay shall be effective the first day of the next pay period following receipt by the City Manager of certification in accordance with Section 24.06.

  • Educational incentive pay shall not start for one year after employment with the City of San Xxxx Obispo, but credit will be given for approved education obtained prior to that time.

  • Educational incentive pay will begin on the first day of the pay period after the transcript has been submitted to the Human Resources Department.

  • Educational incentive pay for Police Officers, Correctional Officers and Firefighters.

  • Educational incentive pay shall be awarded to qualified employees who have obtained an Associate’s (AA) or Bachelor’s (BA) degree in accordance with the schedule below.

  • Educational incentive pay shall be effective beginning with the next monthly payroll cycle following the Employee’s written notification and approval by the police chief.

  • Educational incentive pay will be granted to employees based on the following percentages of their current base salary.

Related to Educational incentive pay

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Other Incentive Award means an Award denominated in, linked to or derived from Shares or value metrics related to Shares, granted pursuant to Section 9.6 hereof.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Bonus means the bonus described in the Section 2.3.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Bid incentive means an amount deducted, for bid evaluation purposes only, from the contract base bid in order to calculate the bid price to be used to evaluate the bid on a competitively bid contract.