Educational Incentive Stipend Sample Clauses

Educational Incentive Stipend. Maine State Police Lieutenants shall be eligible for an annual educational incentive stipend on July 1 each year based upon the highest educational level attained beyond high school as follows: Associate Degree $500.00 Baccalaureate Degree $750.00 or $250.00 after Associate Degree Master’s Degree or above $1,000.00 or $250.00 after Baccalaureate Degree Payment shall be made beginning on the payday closest to July 1 following attainment of the degree.
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Educational Incentive Stipend. 4.3.1 The City shall pay to employees an educational incentive stipend (EIS) based upon educational level attained above high school.
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Educational Incentive Stipend. 1. Employees who provide notice and proof of a degree shall be eligible for an educational incentive stipend. It is the responsibility of the employee to inform the department and provide documentation of the degree of higher education in order to receive this incentive stipend. The incentive stipend shall be based upon the highest educational level attained beyond high school as follows: Associate Degree $400.00 Baccalaureate Degree $650.00 or $250.00 after Associate Degree Master's Degree or above $900.00 or $250.00 after Baccalaureate Degree Payment shall begin following attainment of the degree, and shall consist of an amount equal to the appropriate yearly stipend or additional stipend amount divided by 2,080 to be added to the hourly base.
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Educational Incentive Stipend. All recognized MSLES members shall be eligible for an educational incentive stipend included in the regular hourly rate based upon the highest educational level attained beyond high school as follows: Associate Degree $.24 per hour Baccalaureate Degree $.36 per hour or $.12 per hour after Associate Degree Master’s Degree or above $.48 per hour or $.12 per hour after Baccalaureate Degree Payment shall begin after the employee provides notice and proof of attainment of the degree.
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Educational Incentive Stipend. 1. Employees shall be eligible for an annual educational incentive stipend on July 1 each year based upon the highest educational level attained beyond high school as follows: Associate Degree $400.00 Baccalaureate Degree $650.00 or $250.00 after Associate Degree Master's Degree or above $900.00 or $250.00 after Baccalaureate Degree Payment shall be made beginning on the payday closest to July 1 following attainment of the degree, and shall consist of an amount equal to the appropriate yearly stipend or additional stipend amount divided by 2,080 to be added to the hourly base.
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Educational Incentive Stipend. 1. Employees who provide notice and proof of a degree shall be eligible for an educational incentive stipend. It is the responsibility of the employee to inform the department and provide documentation of the degree of higher education in order to receive this incentive stipend. Degrees must be job related. The amounts below shall be added to the base as appropriate. Associate Degree $.24/hour Baccalaureate Degree $.36/hour or $.12 per hour after Associates Degree Master's Degree or above $.48/hour or $.12 per hour after Baccalaureate Degree Payment shall begin following attainment of the degree and paid only for the highest degree obtained.
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Educational Incentive Stipend. Maine State Police Lieutenants shall be eligible for an educational incentive stipend included in the regular hourly rate based upon the highest educational level attained beyond high school as follows: Associate Degree $.24 per hour Baccalaureate Degree $.36 per hour or $.12 per hour after Associate Degree Master’s Degree or above $.48 per hour or $.12 per hour after Baccalaureate Degree Payment shall begin after the employee provides notice and proof of attainment of the degree. For those qualified employees who already received an annual educational stipend in July 2017, payment of the hourly rate educational stipend shall begin July 1, 2018.
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Educational Incentive Stipend. 1. Employees shall be eligible for an annual educational incentive stipend on July 1 each year. It is the responsibility of the employee to inform the department and provide documentation of the degree of higher education in order to receive this incentive stipend. The incentive stipend shall be based upon the highest educational level attained beyond high school as follows: Associate Degree $400.00 Baccalaureate Degree $650.00 or $250.00 after Associate Degree Master's Degree or above $900.00 or $250.00 after Baccalaureate Degree Payment shall be made beginning on the payday closest to July 1 following attainment of the degree, and shall consist of an amount equal to the appropriate yearly stipend or additional stipend amount divided by 2,080 to be added to the hourly base.
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Related to Educational Incentive Stipend

  • Educational Incentive For those employees receiving educational incentive payment at the time of layoff, upon re-employment, such employees shall be eligible to receive educational incentive.

  • Educational Incentive Pay Effective January 1, 2022, the current Education Incentive Differential (EID) rates from the pre-existing salary schedules shall be eliminated and, in their place, the following Educational Incentive Pay program will be applied. The salary schedules contained in Addendum B reflect the new Educational Incentive pay allowances. Upon successful completion of field training and promotion to the rank of Police Officer, an officer who has received or obtains one of the degrees set forth below from an accredited college or university shall receive an annual incentive allowance added to their hourly rate, as follows: • $1,500 for associate’s degree ($0.723/hour) • $3,000 for bachelor’s degree ($1.446/hour) • $4,500 for master’s degree and above ($2.169/hour) Educational incentives are not cumulative, but rather the employee will be entitled to the highest incentive based on the degree(s) obtained. In the event an employee obtains a new or higher degree during employment, the employee will submit to the Department proof of degree attainment. Upon verification and approval by the Department, within thirty (30) days of submission, the employee’s pay will be adjusted effective on the first day of the pay period following the date of submission by the employee. Any current employee with an EID classification will be adjusted to the non-EID rate, but will receive the annual incentive allowance as part of their hourly rate, spread over twenty-six (26) pay periods. The hourly rate will be calculated by dividing the annual educational incentive by 2,074 hours. Educational incentive pay will be included in the regular rate for overtime purposes. In addition, it will be counted as part of the employee’s annual salary for pension purposes, consistent with the prevailing Fire & Police Employees Retirement System regulations, and reflected on the salary schedules.

  • EDUCATIONAL INCENTIVES As part of the District’s commitment to enhance the knowledge, skills, abilities and opportunities for promotion of its classified employees, the District offers the following programs:

  • Educational Incentive Program 15.2.1 A regular monthly classified unit member covered by this Agreement shall be granted a one-step increase (up to a step maximum of step G for Office/Technical unit members) on the first (1st) of the month following verification of satisfactory completion (grade of “C” or above) of twelve (12) semester units of credit from an accredited institution. Courses must have been enrolled in and credits must have been earned subsequent to the unit member's employment with the District. Official transcripts verifying a grade of “C” or above will be considered proof of satisfactory completion, in addition to the Educational Incentive Program Request for Salary Advancement Form, shall be provided by the eligible unit member and forwarded to the Office of Human Resources. Units of credit obtained prior to promotion must be applied toward step movement within sixty (60) calendar days of effective promotion date. The unit member shall ensure that the Compensation department is aware of these additional credits within this sixty (60) day period.

  • RETIREMENT INCENTIVE PROGRAM A. A Retirement Incentive Program will be provided by the District based upon the conditions stipulated below:

  • Education Incentive A. The following monthly education incentive pay will be paid to each employee upon completing the listed degree and providing proof of completion to the Agency. Associate Degree Two percent (2%) Bachelor Degree Four percent (4%)

  • Education Incentive Pay An employee shall be entitled to receive educational incentive pay as follows:

  • Retirement Incentive a) If an employee gives the Board an irrevocable notice of retirement by February 1st four (4) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining four (4) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st three (3) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining three (3) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st two (2) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining two (2) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st one (1) year prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for his/her remaining year of service. Once an employee submits an irrevocable notice of retirement by February 1st, that employee shall be removed from the salary schedule contained in Article IX of this Agreement at the beginning of the following school year. All calculations for increased TRS creditable earnings will be based on the TRS creditable earnings in the year of the submission of the irrevocable notice of retirement. Once the employee submits an irrevocable notice of retirement an employee’s creditable earnings shall be increased by six percent (6%) of the year of submission, but in no case will the employee’s TRS creditable earnings increase exceed six percent (6%) of the year of submission. If, after submitting an irrevocable notice of retirement by February 1st, the employee resigns from, or is dismissed from duties for which the employee was paid a stipend or additional compensation the previous year, the retirement incentive for that employee will be recalculated accordingly.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • Educational Benefits a. A full-time employee may enroll for credit at the University for a maximum of two courses, or six credit hours, whichever is greater, in any one academic term with exemption from the payment of tuition and fees.

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