Advanced Degree Adjustment Sample Clauses
Advanced Degree Adjustment. Full-time bargaining unit members who possess or earn a higher degree relevant to their position description, which is defined as closely connected and material to the duties detailed in their position description, as determined by the Office of Human Resources but which is not required by their position description, will receive a salary adjustment to be added to their base salary in the next available pay period after submission of a transcript displaying the advanced degree earned in the amount of five hundred dollars ($500) for an earned and regionally accredited Master’s degree and one thousand dollars ($1,000) for an earned and regionally accredited Doctorate degree. Regional accreditation must be approved by the U.S. Department of Education. Newly hired employees shall be eligible for the advanced degree adjustment as part of their initial compensationif they are hired at the minimum salary for their position title and pay range. An official transcript of the advanced degree must be submitted to the Office of Human Resources. Once the transcript displaying the advance degree is submitted, the salary adjustment will be made in the next available pay period. Employees who, subsequent to their hire earn a relevant (as determined by the Office of Human Resources) higher degree than that which is required in their position description must submit their official transcript to the Office of Human Resources. Once the transcript displaying the advance degree is submitted, the salary adjustment will be made in the next available pay period. The advanced degree adjustment shall not be applicable to a second Master’s Degree or second Doctoral Degree. If there is a delay in the review of the transcript and there is a favorable decision to award the advanced degree adjustment, the salary adjustment will be retroactively applied to the next available pay period after the date of submission.
Advanced Degree Adjustment. Full-time bargaining unit members who possess or earn a higher degree than that which is required in their position description will receive a salary adjustment of $500 to be added to his/her base salary in the next contract year for each higher degree possessed or earned as follows: $500 for a Master’s degree and $1,000 for a Doctorate degree. Bargaining unit members whose position descriptions require a Master’s degree and who possess or earn a second Master’s degree will receive a salary adjustment of $500 to be added to his/her base salary in the next contract year. Bargaining unit members hired with the equivalent combination of education and experience in lieu of the degree required in their position description will not receive $500 when they earn the required degree.
Advanced Degree Adjustment. Employees who obtain, with prior approval of the appropriate administrator and the concurrence of the Chief Human Resources Officer, a doctorate or master’s degree in a field related to their position shall advance one (1) step on the salary schedule up to the maximum of the salary range. The one (1) step advance on the salary schedule will be effective the beginning of the next pay period following the submission of official College transcript of the advanced degree to the Human Resources office for verification and inclusion in the employee’s personnel file.
Advanced Degree Adjustment. Full-time bargaining unit members who possess or earn a higher degree relevant to their position description, as determined by the Office of Human Resources, but which is not required by their position description, will receive a salary adjustment to be added to his/her base salary in the next available pay period after submission of a transcript displaying the advanced degree earned in the amount of five hundred dollars ($500) for an earned and regionally accredited Master’s degree and one thousand dollars ($1,000) for an earned and regionally accredited Doctorate degree. Regional accreditation must be approved by the U.S. Department of Education. Only new employees hired at the minimum salary for their position title and pay range shall be eligible for the advanced degree adjustment as part of their initial compensation. An official transcript of the advanced degree must be submitted to the Office of Human Resources. Once the transcript displaying the advance degree is submitted, the salary adjustment will be made in the next available pay period. Existing employees who earn a relevant (as determined by the Office of Human Resources) higher degree than that which is required in their position description must submit their official transcript to the Office of Human Resources. Once the transcript displaying the advance degree is submitted, the salary adjustment will be made in the next available pay period. The advanced degree adjustment shall not be applicable to a second Master’s Degree or second Doctoral Degree. If there is a delay in the review of the transcript and there is a favorable decision to award the advanced degree adjustment, the salary adjustment will be retroactively applied to the next available pay period after the date of submission of the transcript.
Advanced Degree Adjustment. Employees who obtain, with prior approval of the appropriate administrator and the concurrence of the Chief Human Resources Officer, a doctorate or master’s degree in a field related to their position shall advance one
(1) step on the salary schedule up to the maximum of the salary range. The one (1) step advance on the salary schedule will be effective the beginning of the next pay period following the submission of official College transcript of the advanced degree to the Human Resources office for verification and inclusion in the employee’s personnel file.
D. Educational Advancement Stipend and Professional Development
1. Educational Advancement Stipend After one year of service, any employee who receives an Oakton certificate or degree, or who completes a bachelor’s degree, will receive, upon providing an unofficial Oakton College transcript (official transcript for bachelor’s) to the Chief Human Resources Officer, a stipend as follows: Certificate: $150 (maximum 3 per person) Associate degree: $400 (maximum one per person) Bachelor’s degree: $800 (maximum one per person) Maximum Educational Advancement Stipend Amounts* FY 2021: $9,000 FY 2022: $9,000 FY 2023: $9,000 FY 2024: $9,000 FY 2025: $9,000 FY 2026: $9,000
Advanced Degree Adjustment. Full-time bargaining unit members who possess or earn a higher degree relevant to their position description will receive a salary adjustment to be added to their base salary in the next available pay period after submission of a transcript displaying the advanced degree earned. As determined by the Office of Human Resources, “relevant” is defined as closely connected and material to the duties detailed in their position description, but which is not required by the position description. The salary adjustment will be in the amount of five hundred dollars ($500) for an earned and regionally accredited Master’s degree and one thousand dollars ($1,000) for an earned and regionally accredited Doctorate degree. Regional accreditation must be approved by the U.S. Department of Education.