Common use of Educational Compensation Clause in Contracts

Educational Compensation. Educational Increment Educational Degrees: Employees will be paid an annual increment of a maximum of $1,000.00 for an Associate of Arts Degree(s), or an annual increment of a maximum $1,500.00 for a Bachelor of Arts or Bachelor of Science degree(s) from an accredited institution approved by the Associate Superintendent of Human Resources. This annual increment will be prorated for the number of months that the employee has the degree. There is a maximum of one increment paid under this section no matter how many degrees an employee has. If an employee has an AA degree(s) and a BA/BS degree(s), the employee will only be paid for one BA/BS degree for a maximum of $1,500.00 per year. This increment cannot be combined with the increment in Article 11.1-2.

Appears in 4 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!