Common use of Educational Bonus Clause in Contracts

Educational Bonus. All full-time unit employees upon certifications and/or recertifications in their area of practice shall receive a one-time payment of $250.00 upon receipt of the certification. All full-time unit employees with a Baccalaureate degree in nursing will receive a one-time payment of $520.00 upon receipt of their degree providing the employee has not already received this bonus. All full-time permanent employees as of June 3, 1997 who complete a Master’s degree in a nursing program by September 30, 1999 will receive a $1,040.00 bonus annually following receipt of the degree. All full-time employees with a Master’s degree in nursing hired after June 3, 1997 and all full-time unit employees who earn their Master’s degree in nursing after September 30, 1999 shall receive a one-time $1,040.00 bonus upon receipt of their degree providing the employee has not already received this bonus. These bonuses are not compounded in any one year. Eligible employees will receive only the higher bonus to which they are entitled. All bonuses and payments for certifications are payable upon completion of the initial probationary period.

Educational Bonus. All full-time unit employees upon certifications Certifications and/or recertifications in their area of practice shall receive a one-one time payment of $250.00 upon receipt of the certification and re-certification. All full-time unit employees with a Baccalaureate degree in nursing will receive a one-time payment of $520.00 upon receipt of their degree providing the employee has not already received this bonus. All full-time unit employees currently receiving the Master’s degree allowance will continue to receive it annually. All full time permanent employees as of June 3, 1997 1997, who complete a Master’s degree in a nursing program by September 30, 1999 will receive a $1,040.00 1,040 bonus annually following receipt of the degree. All full-full time employees with a Master’s degree Degree in nursing hired after June 3, 1997 and all full-full time unit employees who earn their with a Master’s degree Degree in nursing after September 30, 1999 shall receive a one-one time $1,040.00 1,040 bonus upon receipt of their degree providing the employee has not already received this bonus. These bonuses are not compounded in any one year. Eligible employees will receive only the higher bonus to which they are entitled. All bonuses and payments for certifications are payable upon completion of the initial probationary period.

Educational Bonus. All full-time unit employees upon certifications certification and/or recertifications recertification in their area of practice shall receive a one-time payment of $250.00 upon receipt of the certification. All full-time unit employees with a Baccalaureate degree in nursing will receive a one-one- time payment of $520.00 upon receipt of their degree providing the employee has not already received this bonus. All full-time permanent employees as of June 3, 1997 who complete a Master’s degree in a nursing program by September 30, 1999 will receive a $1,040.00 bonus annually following receipt of the degree. All full-time employees with a Master’s degree in nursing hired after June 3, 1997 and all full-time unit employees who earn their Master’s degree in nursing after September 30, 1999 shall receive a one-time $1,040.00 bonus upon receipt of their degree providing the employee has not already received this bonus. These bonuses are not compounded in any one year. Eligible employees will receive only the higher bonus to which they are entitled. All bonuses and payments for certifications are payable upon completion of the initial probationary period.