Advanced Degree Incentive Sample Clauses

The Advanced Degree Incentive clause provides additional compensation or benefits to employees who obtain advanced educational qualifications, such as master's or doctoral degrees, while employed. Typically, this clause outlines the types of degrees that qualify, the process for submitting proof of completion, and the specific incentives offered, which may include salary increases, bonuses, or enhanced career advancement opportunities. Its core function is to encourage professional development among employees and to reward those who invest in furthering their education, thereby fostering a more skilled and knowledgeable workforce.
Advanced Degree Incentive. 1. Employees who possess an advanced degree in a related field that is not contained as a requirement in their job description shall be eligible to receive an annual supplement of: Bachelor’s Degree = $1000.00 Master’s Degree = $1500.00 Doctor’s Degree = $2000.00 2. BTU-TSP shall be provided an annual accounting of the employees receiving supplements contained in subsection 1 above. 3. Employees who possess a license(s) recognized by the state of Florida in a related field that is not contained as a requirement in their job description and are requested by a supervisor to perform duties that cannot be performed without said license shall receive $125 for each month in which the duties are performed. 4. The District shall waive increases in requirements for incumbents in said job descriptions when possible. If requirements cannot be waived, the District shall reimburse the employee for reasonable tuition or training costs to attain the required education or license requirement.
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Advanced Degree Incentive. Employees who possess an advanced degree (bachelor level or higher) which is not contained as a requirement in their job description shall be eligible to receive an annual supplement of: Bachelor’s Degree = $425.00 Master’s Degree or higher = $625.00
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Advanced Degree Incentive. Employees who possess an advanced degree (bachelor level or higher) which is not contained as a requirement in their job description shall be eligible to receive an annual supplement of: Bachelor’s Degree = $425.00 Master’s Degree or higher = $625.00 R. Referendum Funds: No less than 2.5% of funds collected from the August 29, 2018 Referendum on a Question Regarding a Levy of Ad- Valorem Taxes for Essential Operating Expenses (“Referendum Funds”) in the Fiscal Year beginning on July 1, 2019, shall be designated for and distributed to eligible district employees in the BTU Education Support Professionals bargaining unit. Such Referendum Funds shall be distributed as Referendum Supplements as described below: For the 2019-2020 school year, eligible employees of the BTU Education Support Professionals bargaining unit whose effective start date is on or before June 30, 2019, will receive a Referendum Supplements equal to 3.5% of base salary. Said Referendum Supplements shall be paid in equal installments per pay period of the Employee. Employees who separate from employment before the end of the next fiscal year shall receive a pro rata portion of the Referendum Supplements commensurate with the portion of the year actually worked by the Employee. The parties intend that these Referendum Supplements will be pensionable. No less than 2.5% of Referendum Funds shall continue to be appropriated to eligible employees in the BTU Education Support Professionals bargaining unit, accounting for increases or decreases for the Certified School Taxable Value, and their distribution shall be negotiated annually by the parties until the referendum sunsets or is extended via Board approval and community vote.
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Advanced Degree Incentive. Employees who possess an advanced degree (bachelor level or higher) which is not contained as a requirement in their job description shall be eligible to receive an annual supplement of: Bachelor’s Degree = $425.00 Master’s Degree or higher = $625.00 R. Referendum Funds: For the 2023-2024, 2024-2025, 2025-2026, and 2026-2027 school years, eligible employees in the BTU-ESP bargaining unit whose effective start date is on or before July 1st of each of the years noted above, will receive a Referendum Supplement equal to 10.0% of base salary effective July 1st of each of the 2023-2024, 2024-2025, 2025-2026, and 2026-2027 school years. Newly hired employees after the commencement of the 2023-2024, 2024- 2025, 2025-2026, and 2026-2027 school years shall be eligible for a pro rata portion of the remaining 20 payments of the Referendum Supplements. The parties agree to meet annually to discuss the availability of funds to provide an additional one percent (1%) supplement increase for the following school year (2024-2025, 2025-2026, and 2026-2027). Referendum Supplements are pensionable and shall be paid in equal installments per pay period of the employee. Employees who separate employment before the end of the fiscal year shall receive a pro-rata portion of the Referendum Supplements commensurate with the portion of the year actually worked by the employee. In the event that SBBC collects additional Referendum Funds for the 2023-2024, 2024-2025, 2025-2026, and 2026-2027 school years, the parties will agree on the distribution of said additional funds to eligible employees in the BTU-ESP bargaining unit annually.
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Related to Advanced Degree Incentive

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Pre-Award Costs Pre-award costs are those incurred prior to the effective date of the award directly pursuant to the negotiation and in anticipation of the award where such costs are necessary to comply with the proposed delivery schedule or period of performance. Such costs are allowable only to the extent that they would have been allowable if incurred after the date of the award and only with the prior written approval of the Department.

  • Payout At the commencement of the period of leave, the College shall pay to the participant the moneys standing to his/her credit less any premiums or contributions deducted for the year, except as may otherwise be mutually agreed, it being understood that interest is not earned for the period of leave.