Staff Degree Incentive Program Sample Clauses

Staff Degree Incentive Program. A. An employee is eligible to receive a lump-sum payment of three percent (3%) of the employee’s base annual rate of pay upon satisfying the following conditions: 1. Is serving in a regular position in the LESPA bargaining unit and has completed the probationary period in his/her current position; 2. Has received a “Meets Expectation” evaluation or above for the most recent evaluation period; 3. Receives a degree from an institution of higher education accredited by a regional accrediting body (Southern Association of Colleges and Schools, Western Association of Colleges and Schools, Northwestern Association of Colleges and Schools, North Central Association of Colleges and Schools, New England Association of Colleges and Schools, and the Middle States Association of Colleges and Schools), on or after July 1, 2004; 4. Has not received credit for the degree on the pay range at the time of hire; and 5. Submits the Staff Degree Incentive Program Request Form, approved by the employee’s supervisor, and a certified copy of a transcript verifying the awarding of the degree, to the Staff Development Office. B. An employee may not receive more than two (2) such incentive payments for receipt of a degree during his/her employment with the District. C. The changes in this section shall be effective July 1, 2014.
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Staff Degree Incentive Program. A. An employee is eligible to receive a lump-sum payment of three percent (3%) of the employee’s base annual rate of pay upon satisfying the following conditions: 1. Is serving in a regular position in the LESPA bargaining unit and has completed the probationary period in his/her current position; 2. Has received a “Meets Expectation” evaluation or above for the most recent evaluation period; 3. Receives a degree from an institution of higher education accredited by a regional accrediting body (Southern Association of Colleges and Schools, Western Association of Colleges and Schools, Northwestern Association of Colleges and Schools, North Central Association of Colleges and Schools, New England Association of Colleges and Schools, and the Middle States Association of Colleges and Schools), on or after July 1, 2004; 4. Has not received credit for the degree on the pay range at the time of hire; and 5. Submits the Staff Degree Incentive Program Request Form, approved by the employee’s supervisor, and a certified copy of a transcript verifying the awarding of the degree, to the Staff Development Office. B. An employee may not receive more than two (2) such incentive payments for receipt of a degree during his/her employment with the District. C. No more than fifty (50) lump-sum incentive payments shall be provided to employees during each of the 2010-2011 and 2011-12 years. D. The changes in this section shall be effective July 1, 2010 or the date of ratification, whichever is later.
Sample 1
Staff Degree Incentive Program. A. An employee is eligible to receive a lump-sum payment of three percent (3%) of the employee’s base annual rate of pay upon satisfying the following conditions: 1. Is serving in a regular position in the LESPA bargaining unit and has completed the probationary period in his/her current position; 2. Has received a “Meets Expectation” evaluation or above for the most recent evaluation period; 3. Receives a degree from an institution of higher education accredited by a regional accrediting body including the Southern Association of Colleges and Schools, Commission on Colleges (SACSCOC) Western Association of Schools and Colleges (WASC), Northwest Commission on Colleges and Universities (NWCCU), New England Commission of Higher Education (NECHE), and the Middle States Commissions of Higher Education (MSCHE), Higher Learning Commissions (HLC), and Accrediting Commission for Community and Junior Colleges (ACCCJC) on or after July 1, 2004; 4. Has not received credit for the degree on the pay range at the time of hire; and 5. Submits the Staff Degree Incentive Program Request Form, approved by the employee’s supervisor, and a certified copy of a transcript verifying the awarding of the degree, to the Staff Development Office. B. An employee may not receive more than two (2) such incentive payments for receipt of a degree during his/her employment with the District. C. The changes in this section shall be effective July 1, 2014.
Sample 1

Related to Staff Degree Incentive Program

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • 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.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • 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.

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Performance Incentive 4.10.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ. 4.10.2 With respect to part of a Year in which the term of this Agreement begins or ends, the relevant quantities in Clause 4.10.1, except the Multiplier, shall apply pro-rata. 4.10.3 Within thirty (30) days of expiry of a Year, the Seller shall submit an invoice to the Purchaser with respect to the PI payable in terms of Clause 4.10.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice. In the event of non-payment of PI by the due date, the Seller shall have the right to suspend Coal supplies without absolving the Purchaser of its obligations under this Agreement.

  • Bonus Program You will be eligible for an annual target bonus of 35% of your annual base salary as determined by the Board in its sole discretion based upon, among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates.

  • Performance Incentives As a bonus, to supplement Assistant Coach’s compensation, as set out herein, the University agrees to pay the following sums upon attainment of each specified goal, provided the Program is in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Assistant Coach knew or should have known. Assistant Coach must also complete the _________ [insert sport] season as an Assistant [Men’s/Women’s] [delete if sport is football] __________ Coach to receive any performance incentives for that season. Payment will be made to Assistant Coach within 60 days after goal is accomplished. (a) $_________ in any contract year in which the team wins the __________ Conference championship. (b) $_________ in any contract year in which the team participates in post-season NCAA competition. (c) $_________ for each game that the team wins in NCAA post-season competition. (d) $_________ in any contract year in which the team wins the NCAA championship.]

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

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