Common use of Certifications, Licenses and Stipends Clause in Contracts

Certifications, Licenses and Stipends. 23.3.1 There is a three tier compensation rate for Professional Compensation for certifications, licenses and stipends. The three tiers include; a once a year stipend for a certification or license, a 4% ongoing pay increase, and an 8% ongoing pay increase, See Appendix F. Employees are only eligible for a 4% or an 8% professional compensation pay raise but never both. If the employee qualifies for more than one, they will be paid at the highest rate for one professional compensation. It is possible to receive an 8% or 4% pay increase and a stipend but the stipend would have to be for a purpose unrelated to the 4 or 8% pay increase. All stipends will be paid at the Master’s Program stipend rate unless negotiated otherwise.

Appears in 3 contracts

Samples: Negotiated Agreement, Negotiated Agreement, Negotiated Agreement

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Certifications, Licenses and Stipends. 23.3.1 There is a three tier compensation rate for Professional Compensation for certifications, licenses and stipends. The three tiers include; a once a year stipend for a certification or license, a 4% ongoing pay increase, and an 8% ongoing pay increase, See Appendix F. E. Employees are only eligible for a 4% or an 8% professional compensation pay raise but never both. If the employee qualifies for more than one, they will be paid at the highest rate for one professional compensation. It is possible to receive an 8% or 4% pay increase and a stipend but the stipend would have to be for a purpose unrelated to the 4 or 8% pay increase. All stipends will be paid at the Master’s Program stipend rate unless negotiated otherwise.

Appears in 1 contract

Samples: Negotiated Agreement

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