Common use of Educational Increment Clause in Contracts

Educational Increment. Educational Degrees: Employees will be paid an annual increment of a maximum of $1,000 for an Associate of Arts degree(s) or an annual increment of a maximum $1,500.00 for a Bachelor of Arts or Bachelor’s of Science or Masters degree(s) from an accredited institution approved by the Associate Superintendent for Human Resources unless the degree is a requirement of the classification. 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 and a Master’s degree(s) the employee will only be paid for one degree for a maximum of $1,500.00 per year. The above salary increment is subject to PERS contributions and will be paid separately each pay period or a pro-rated amount through the remainder of the year if the degree has been earned is earned during the year.

Appears in 6 contracts

Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.