Common use of Educational Incentive Pay Clause in Contracts

Educational Incentive Pay. a. The State agrees to pay employees who attain the POST Certificates listed below, or the appropriate college degree, as follows: (1) Employees shall qualify for 2.5% of their base salary or no less than $120 per month if they possess an Intermediate POST Certificate or equivalent, as certified by the Department, or an AA Degree. (2) Employees shall qualify for 5% of their base salary or no less than $240 per month if they possess an Advanced POST Certificate or equivalent, as certified by the Department, or a BA Degree. b. The degrees must be obtained from an accredited college or university. c. The above educational incentives are non-cumulative, i.e., employees are eligible to receive one or the other, but not both. d. Employees who submit their CHP 74 shall begin receiving the Educational Incentive Pay effective with the pay period following the month in which the form was submitted.

Educational Incentive Pay. ‌ a. The State agrees to pay employees who attain the POST Certificates listed below, or the appropriate college degree, as follows: (1) Employees shall qualify for 2.5% of their base salary or no less than $120 per month if they possess an Intermediate POST Certificate or equivalent, as certified by the Department, or an AA Degree. (2) Employees shall qualify for 5% of their base salary or no less than $240 per month if they possess an Advanced POST Certificate or equivalent, as certified by the Department, or a BA Degree. b. The degrees must be obtained from an accredited college or university. c. The above educational incentives are non-cumulative, i.e., employees are eligible to receive one or the other, but not both. d. Employees who submit their CHP 74 shall begin receiving the Educational Incentive Pay effective with the pay period following the month in which the form was submitted.