Pay Incentive Plan for College Degrees Sample Clauses

Pay Incentive Plan for College Degrees. College incentives shall be governed by the “Pay Incentive Plan for College Degrees.” A. Employees are eligible for incentive payments on the following basis: Degree or Status Monthly Degree or Status Monthly B. The following rules shall govern administration of incentive payments for attainment of college degrees.1 (1) A newly-hired employee will be eligible for an incentive payment for which he/she qualifies under this Plan upon successful completion of probation as a Police Officer. Permanent Corrections Officers or Judicial Officers who transition to Police Officer shall not be required to complete probation in order to be eligible for incentive payment. (2) An employee may only receive one level of incentive pay. Incentive payments for multiple degrees or credits are not cumulative. (3) Payment of incentives will be effective as of the first day of the pay period after which the employee provides required documentation of eligibility to the JSO Human Resources (4) To qualify for incentive pay under this Plan, an employee must have graduated with a 2.0 GPA or “C” average. (5) To qualify for any level of incentive pay, an employee must have a minimum of 18 credit/semester hours in Criminal Justice. For purposes of this Plan, “Criminal Justice” means the subjects outlined in the Criminal Justice Programs of Study as published in the catalog of Florida State College at Jacksonville.
Sample 1
AutoNDA by SimpleDocs
Pay Incentive Plan for College Degrees. A. The previous “Pay for College Credit” formerly contained in Schedule B of the collective bargaining agreement will be discontinued, and will be replaced with this “Pay Incentive Plan for College Degrees.” B. Employees are eligible for incentive payments on the following basis: Degree or Status Monthly Degree or Status Monthly C. The following rules shall govern administration of incentive payments for attainment of college degrees. (1) A newly-hired employee will be eligible for an incentive payment for which he/she qualifies under this Plan upon successful completion of probation as a Police Officer. Permanent Corrections Officers or Judicial Officers who transition to Police Officer shall not be required to complete probation in order to be eligible for incentive payment. (2) An employee may only receive one level of incentive pay. Incentive payments for multiple degrees or credits are not cumulative. (3) Payment of incentives will be effective as of the first day of the pay period after which the employee provides required documentation of eligibility to the JSO Personnel Division. (4) To qualify for incentive pay under this Plan, an employee must have graduated with a 2.0 GPA or “C” Average. (5) To qualify for any level of incentive pay, an employee must have a minimum of 18 credit/semester hours in Criminal Justice. For purposes of this Plan, “Criminal Justice” means the subjects outlined in the Criminal Justice Programs of Study as published in the catalog of Florida State College at Jacksonville.
Sample 1
Pay Incentive Plan for College Degrees. College incentives shall be governed by the “Pay Incentive Plan for College Degrees.” A. Employees are eligible for incentive payments on the following basis: Degree or Status Monthly B. The following rules shall govern administration of incentive payments for attainment of college degrees.1 (1) A newly-hired employee will be eligible for an incentive payment for which he/she qualifies under this Plan upon successful completion of probation as a Police Officer. Permanent Corrections Officers or Judicial Officers who transition to Police Officer shall not be required to complete probation in order to be eligible for incentive payment. (2) An employee may only receive one level of incentive pay. Incentive payments for multiple degrees or credits are not cumulative. (3) Payment of incentives will be effective as of the first day of the pay period after which the employee provides required documentation of eligibility to the JSO Human Resources Division. (4) To qualify for incentive pay under this Plan, an employee must have graduated with a 2.0 GPA or “C” average. (5) To qualify for any level of incentive pay, an employee must have a minimum of 18 credit/semester hours in Criminal Justice. For purposes of this Plan, “Criminal Justice” means the subjects outlined in the Criminal Justice Programs of Study as published in the catalog of Florida State College at Jacksonville.
Sample 1
Pay Incentive Plan for College Degrees. College incentives shall be governed by the “Pay Incentive Plan for College Degrees.” A. Employees are eligible for incentive payments on the following basis: Degree or Status Monthly B. The following rules shall govern administration of incentive payments for attainment of college degrees.1 (1) A newly-hired employee will be eligible for an incentive payment for which he/she qualifies under this Plan upon successful completion of probation as a Police Officer. Permanent Corrections Officers or Judicial Officers who transition to Police Officer shall not be required to complete probation in order to be eligible for incentive payment. (2) An employee may only receive one level of incentive pay. Incentive payments for multiple degrees or credits are not cumulative. (3) Payment of incentives will be effective as of the first day of (4) To qualify for incentive pay under this Plan, an employee must have graduated with a 2.0 GPA or “C” average. (5) To qualify for any level of incentive pay, an employee must have a minimum of 18 credit/semester hours in Criminal Justice. For purposes of this Plan, “Criminal Justice” means the subjects outlined in the Criminal Justice Programs of Study as published in the catalog of Florida State College at Jacksonville.
Sample 1
Pay Incentive Plan for College Degrees. A. The previous “Pay for College Credit” formerly contained in Schedule B of the collective bargaining agreement will be discontinued, and will be replaced with this “Pay Incentive Plan for College Degrees.” Degree or Status Monthly Degree or Status Monthly
Sample 1

Related to Pay Incentive Plan for College Degrees

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • 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%) B. The above percentages will be based upon the employee’s base rate of pay. C. An employee will be entitled to one (1) education incentive pay only. D. Degrees must be from an accredited institution of higher education.

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Attendance Incentive Program In January of the year following any year in which a minimum of sixty (60) days of leave for illness or injury is accrued, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one (1) day of monetary compensation of the employee for each four (4) full days of accrued leave for illness or injury in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four (4) days for every one (1) day of monetary compensation; provided, however, no employee shall receive compensation under this section for any portion of leave for illness or injury accumulated at a rate in excess of one (1) day per month. At the time of separation from school district employment due to retirement or death an eligible employee or the employee's estate shall receive remuneration at a rate equal to one (1) day of current monetary compensation of the employee for each four (4) full days accrued leave for illness or injury. The provisions of this section shall be administered in accordance with state law and applicable state rules and regulations. Should the legislature revoke any benefits granted under this section, no affected employee shall be entitled thereafter to receive such benefits as matter of contractual right.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Equity Incentive Compensation Upon the Closing, each incentive award in respect of the common stock of Seller Parent (a “Seller Parent Equity Award”) held by a Transferred Employee shall become vested or eligible to vest (subject to the satisfaction of any applicable performance goals) in a prorated amount, determined based on the number of days in the applicable vesting period elapsed as of the Closing Date. Effective as of the Closing, Purchaser or its Affiliates shall grant to each Transferred Employee an equity- or cash-based incentive award (a “Make-Whole Award”) with a grant date fair value that is no less favorable than the value of the portion of the Seller Parent Equity Awards forfeited by the Transferred Employee in connection with the Closing (which forfeited amount shall be disclosed to Purchaser Parent no later than five (5) Business Days prior to the Closing), which Make-Whole Award shall have terms and conditions that are no less favorable than the terms and conditions (including vesting schedule and accelerated vesting terms) that were applicable to the corresponding Seller Parent Equity Award. In the event that the post-Closing transfer of a Delayed Transfer Employee results in a larger portion of the Seller Parent Equity Awards held by such Delayed Transfer Employee becoming vested upon such Delayed Transfer Employee’s transfer of employment than if the employment of such Delayed Transfer Employee had transferred upon the Closing, then the incremental cost of such additional vesting (which cost shall be measured based on the taxable income the Delayed Transfer Employee either realized or would have realized had such awards been settled or exercised upon such Delayed Transfer Employee’s transfer of employment to Purchaser or its Subsidiaries) shall be considered Purchaser Assumed Employee Liabilities.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • 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.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

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