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.
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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.
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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.
Sample 1Sample 2
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
Sample 1
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.
Sample 1
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.
Sample 1

Related to Advanced Degree Adjustment

  • Minimum Adjustment The adjustments required by the preceding sections of this Article IV shall be made whenever and as often as any specified event requiring an adjustment shall occur, except that no adjustment of the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants that would otherwise be required shall be made unless and until such adjustment either by itself or with other adjustments not previously made increases or decreases by at least 1% the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to the making of such adjustment. Any adjustment representing a change of less than such minimum amount shall be carried forward and made as soon as such adjustment, together with other adjustments required by this Article IV and not previously made, would result in a minimum adjustment. For the purpose of any adjustment, any specified event shall be deemed to have occurred at the close of business on the date of its occurrence. In computing adjustments under this Article IV, fractional interests in Common Stock shall be taken into account to the nearest one-hundredth of a share.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • FORCE ADJUSTMENT General 11.01 When any condition arises which reduces the work load to the extent that, in the Company's opinion, force adjustment is warranted, the following shall apply: (a) If the contemplated adjustment to the force would involve the lay-off of 50 or more Regular employees from the bargaining unit within a period of 30 days, or alternatively the spreading of the equivalent work by part-timing, the Company shall endeavour to reach agreement with the Union as to whether a plan of part-timing, lay-offs, or a combination of the two shall be put into effect. (b) If the contemplated adjustment to the work force is less extensive than that described in subsection 11.01 (a), the Company shall not resort to lay-off of Regular employees or part-timing of Regular Full-Time employees, except with the agreement of the Union. 11.02 In the event that an agreement as to a plan cannot be reached under subsection 11.01 (a) within a period of 30 calendar days after the matter has been submitted to the Union, the Company may proceed on a plan of lay-off to the extent it deems necessary. 11.03 It is expressly understood, however, that if the Company proceeds on a plan of lay-off at the expiration of the 30 day period or later as prescribed in this Article, negotiations toward an agreement relating to a force adjustment plan shall be resumed at any time at the request of either party. Similarly, after agreement has been reached as to a plan of force adjustment either party may resume negotiations at any time in an effort to obtain agreement upon modifications of the plan then in effect.

  • Fee Adjustments The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter,” or a similar index should such index no longer be published, since such one-year anniversary or since the date of the last fee increase, as applicable.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • PREMIUM ADJUSTMENT If THE COMPANY overpays a reinsurance premium and THE REINSURER accepts the overpayment, THE REINSURER’s acceptance will not constitute or create a reinsurance liability or increase in any existing reinsurance liability. Instead, THE REINSURER will be liable to THE COMPANY for a credit in the amount of the overpayment. If a reinsured policy terminates, THE REINSURER will refund the excess reinsurance premium. This refund will be on a prorated basis without interest from the date of termination of the policy to the date to which a reinsurance premium has been paid.

  • Equitable Adjustment Trading volume amounts, price/volume amounts and similar figures in the Transaction Documents shall be equitably adjusted (but without duplication) to offset the effect of stock splits, similar events and as otherwise described in this Agreement and Warrants.

  • CPI Adjustment If the CPI Percentage Increase (as defined below) is more than [***] for the relevant Adjustment Period, then the Rent payable during that Adjustment Period shall be adjusted upward by a percentage equal to the CPI Percentage Increase (as defined below) applicable to such Adjustment Period, but not to exceed an adjustment during any Adjustment Period of greater than [***]. The term “Consumer Price Index” shall mean the unadjusted Consumer Price Index for All Urban Workers, U.S. City Average, All Items, 1982-84=100, calculated and published by the United States Department of Labor, Bureau of Labor Statistics. The “CPI Percentage Increase” shall mean, with respect to any Adjustment Period, [***]. For the avoidance of doubt, no CPI Adjustment shall be made to any payment due under this Ground Lease for any Adjustment Period if the result of such CPI Adjustment would be to (a) reduce the amount of such payment to an amount that is less than the amount of such payment due for the immediately preceding Adjustment Period or (b) to raise the amount of such payment to an amount that is greater than [***]. For illustrative purposes only, [***]. The CPI Percentage Increase for any Adjustment Period shall be calculated by the Tenant, and the Tenant shall deliver written notice to the Landlord describing such calculation in reasonable detail (a “CPI Notice”) no later than thirty (30) days after the commencement of any Adjustment Period. If the Landlord disagrees with the Tenant’s calculation of the CPI Percentage Increase, then the Landlord shall deliver to the Tenant written notice, describing the basis for such disagreement in reasonable detail (a “CPI Disagreement Notice”), not later than thirty (30) days after delivery of the CPI Notice. If the Landlord fails to deliver a CPI Disagreement Notice within thirty (30) days after delivery of any CPI Notice, then the Landlord shall be conclusively deemed to have agreed with the calculation of the CPI Percentage Increase set forth in such CPI Notice.

  • Share Adjustments If the Company's outstanding shares of Common Stock are increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any recapitalization, reclassification, stock split, combination of shares, stock dividend, or transaction having similar effect, the Board shall proportionately and appropriately adjust the number and kind of shares that are subject to this Option and the Exercise Price Per Share, without any change in the aggregate price to be paid therefor upon exercise of this Option.

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.6500.

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