Common use of Enrollment Incentive Clause in Contracts

Enrollment Incentive. An additional compensation payment may be paid to part-time and full-time TOP employees who were employed for the prior fiscal year (July 1 – June 30). 11.8.1 The compensation payment will be determined based on the following: • On June 30, the base student enrollment value* will be subtracted from the total student credit hours enrolled on campus and on-line (excluding global campus students) during the previous Fall and Winter semesters. This value (change in enrollment compared to the base year) will be divided by the base enrollment value to determine the percent change in enrollment. • One-half of one percent (0.50%) of base salary will be paid to each eligible employee as a one-time cash payment for each one percent (1%) increase in enrollment. • Employees must be on roll on the date of payment in order to be eligible to receive any portion of the cash payment. No payment will be made if the percent increase in enrollment is less than 1% of the previous fiscal year. *The base enrollment value is defined as total student credit hours enrolled on campus and on-line (excluding global campus students and those credit hours generated through courses offered at additional locations) during the Fall 2017 and Winter 2018 semesters.

Enrollment Incentive. An additional compensation payment may be paid to part-time and full-time TOP employees who were employed for the prior fiscal year (July 1 – June 30). 11.8.1 13.7.1 The compensation payment will be determined based on the following: • On June 30, the base student enrollment value* will be subtracted from the total student credit hours enrolled on campus and on-line (excluding global campus students) during the previous Fall and Winter semesters. This value (change in enrollment compared to the base year) will be divided by the base enrollment value to determine the percent change in enrollment. • One-half of one percent (0.50%) of base salary will be paid to each eligible employee as a one-time cash payment for each one percent (1%) increase in enrollment. • Employees must be on roll on the date of payment in order to be eligible to receive any portion of the cash payment. No payment will be made if the percent increase in enrollment is less than 1% of the previous fiscal year. *The base enrollment value is defined as total student credit hours enrolled on campus and on-line (excluding global campus students and those credit hours generated through courses offered at additional locations) during the Fall 2017 and Winter 2018 semesters.