Professional Growth Awards Sample Clauses

Professional Growth Awards. An award of $250 a year will be paid for each ten (10) professional growth points earned.
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Professional Growth Awards a. Professional Growth compensation awards of $600.00 will be granted after completion of six (6) units of approved course work. (2005-06, 2016-17) b. Professional Growth awards shall be credited and paid as units are earned and submitted (i.e., at the next feasible payroll following submission of six (6) units of approved course work. (2005-06) c. An employee will be allowed two (2) Professional Growth awards within a three (3) year period. d. Employees must be on paid status at the time the award is earned. (2005-06)
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Professional Growth Awards. 6 a. The Professional Growth Award is to be made on July 1 to qualifying 7 Employees. All classified Employees are eligible to participate in the Professional Growth plan.
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Professional Growth Awards. 19.5.1 Professional growth compensation awards of three hundred dollars ($300) will be granted after completion of six (6) units of approved coursework. 19.5.2 Professional growth awards shall be credited annually at the end of the fiscal year and paid the following November. Courses must be completed by June 30 and transcripts received by October 10 in order to receive compensation awards. Bargaining unit members must notify Human Resources Department in writing at the time of registration for the sixth (6th) unit, which would complete requirements for a Professional growth award. 19.5.3 A bargaining unit member will be allowed one (1) professional growth awards within a one (1) year period. 19.5.4 Bargaining unit members must be on paid status at the time that award is paid.
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Professional Growth Awards. Employees shall be eligible for a maximum of five (5) professional growth awards. Each award may be earned by successful completion of 15 semester units or equivalents from an accredited educational institution of higher learning (above grade 12). Units may also be accepted for professional/vocational courses related to the employee's job, however, adult education courses shall be excluded unless sufficiently related to improvement of job functions/performance. Fifteen (15) hours of class time is equivalent to one (1) semester unit. 17.4.3.1 Each professional growth award earned prior to July 1, 2017, shall be an on-going $250.00 stipend. Beginning July 1, 2017, and prospectively thereafter, each professional growth earned after July, 2017 shall be an on-going $350.00 stipend. 17.4.3.2 Employees with a Bachelor’s degree will receive an annual stipend of $600. Employees with a Master’s degree will receive an annual stipend in the amount of $1,000. 17.4.3.2.1 Employees receiving a stipend for a Bachelor's or Master’s will receive it in addition to their regular professional growth stipend for which they have previously qualified. 17.4.3.2.2 Employees with a Bachelor’s or Master’s degree will continue to be eligible for professional growth stipends for courses taken beyond their Bachelor’s and Master’s degrees. 17.4.3.2.3 Employees will qualify to receive an annual stipend for a BA or Master’s degree and professional growth stipends as long as they are members of the CSEA unit. 17.4.3.2.4 For new hires, if an employee does not complete their probationary period successfully, the employee’s stipend shall be prorated based on each full month of service prior to the date of separation.
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Professional Growth Awards. 2.13.3.1 The Professional Growth Award is to be made on July 1 to qualifying unite members 2.13.3.2 Unit members may earn Professional Growth Awards equal to five present (5%) of their wages upon completion of approved course work. This award is to be added to the unit member's regular salary, including any and all longevity increases, and/or previous Professional Growth increases, as well as any salary increases negotiated by the time the award is granted. 2.13.3.3 Earned professional growth awards shall continue throughout the service of the unit member. Awards may be earned once in each four (4) years of service after installation of the plan. Each award shall be earned by completion of nine (9) approved units. The nine (9) approved units may include a combination of any of the areas specified below. 2.13.3.3.1 Six (6) units - Minimum chosen from the approved list of courses relating directly to the unit member's specific areas of employment or in other areas for possible promotion, as approved by the committee. 2.13.3.3.2 Three (3) units may be chosen under the category of general courses, the unit member's specific area of employment in the District or other areas of Professional Growth subject to approval by the committee.
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Professional Growth Awards. 20.5.1 An employee shall be granted a Professional Growth award equivalent to a five (5) percent salary increment, upon successful completion of coursework as provided by this article. 20.5.2 Employees may earn a maximum of three (3) Professional Growth awards. 20.5.3 There must be a three (3) year lapse between the commencement of an award and the next application for Professional Growth Activity. However, units approved for courses, which exceed the number, required for an award may be applied toward the next succeeding award. 20.5.4 When the next approved Professional Growth award would earn the employee an associate, bachelor's or master's degree, an employee may apply immediately for the award without awaiting the three (3) year lapse (20.5.
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Related to Professional Growth Awards

  • Reporting Subawards and Executive Compensation a. Reporting of first-tier subawards.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Stock Plan Administration Service Providers The Company transfers participant data to Xxxxxx Xxxxxxx, an independent service provider based in the United States, which assists the Company with the implementation, administration and management of the Plan. In the future, the Company may select a different service provider and share the Participant’s data with another company that serves in a similar manner. The Company’s service provider will open an account for the Participant to receive and trade Shares. The Participant will be asked to agree on separate terms and data processing practices with the service provider, which is a condition to the Participant’s ability to participate in the Plan.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Employment of Consultants In order to assist the Borrower in carrying out the Project, the Borrower shall employ consultants whose qualifications, experience and terms and conditions of employment shall be satisfactory to the Association. Such consultants shall be selected in accordance with principles and procedures satisfactory to the Association on the basis of the "Guidelines for the Use of Consultants by World Bank Borrowers and by the World Bank as Executing Agency" published by the Bank in August 1981. 1. For the purposes of this Schedule:

  • Employment of Consultants Part A General Consultants’ services shall be procured in accordance with the provisions of the Introduction and Section IV of the "Guidelines: Selection and Employment of Consultants by World Bank Borrowers" published by the Bank in January 1997 and revised in September 1997 (the Consultant Guidelines) and the following provisions of Section II of this Schedule. Part B: Quality- and Cost-based Selection Except as otherwise provided in Part C of this Section, consultants’ services shall be procured under contracts awarded in accordance with the provisions of Section II of the Consultant Guidelines, paragraph 3 of Appendix 1 thereto, Appendix 2 thereto, and the provisions of paragraphs 3.13 through 3.18 thereof applicable to quality- and cost-based selection of consultants. Part C: Other Procedures for the Selection of Consultants 1. Selection Based on Consultants Qualifications Services estimated to cost less than $100,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.1 and 3.7 of the Consultant Guidelines.

  • EMPLOYEE DIRECTORS STOCK OPTIONS for a total of _______ shares of Common Stock of Parke Bancorp, Inc. (the "Xxxxxny") is hereby granted to _______________ (the "Optionee") at the price determined as provided in, and in all respects subject to the terms, definitions and provisions of the 2005 Option Plan (the "Plan") adopted by the Company which is incorporated by reference herein, receipt of which is hereby acknowledged. Such Stock Options do not comply with Options --- granted under Section 422 of the Internal Revenue Code of 1986, as amended.

  • 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.

  • Performance; Time Whenever any performance obligation hereunder (other than a payment obligation) shall be stated to be due or required to be satisfied on a day other than a Business Day, such performance shall be made or satisfied on the next succeeding Business Day. In the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including”; the words “to” and “until” each mean “to but excluding”, and the word “through” means “to and including.” If any provision of this Agreement refers to any action taken or to be taken by any Person, or which such Person is prohibited from taking, such provision shall be interpreted to encompass any and all means, direct or indirect, of taking, or not taking, such action.

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