Incentive Coursework Compensation Clause Samples

Incentive Coursework Compensation. Employees with: 1. Ninety (90) or more semester hours of approved accredited college credit shall receive an additional thirty-five cents ($0.35) per hour above the salary schedule rate of pay; alternatively, a WPSS with a Bachelor's Degree from an accredited institution shall be placed at the thirty-five cents ($0.35) level. 2. Employees with sixty (60) or more but less than ninety (90) approved accredited college credit shall receive an additional twenty-five cents ($0.25) per hour above the salary schedule rate of pay; alternatively, a WPSS with an Associate's Degree from an accredited institution shall be placed at the twenty-five cents ($0.25) level. 3. Employees with thirty (30) or more but less than sixty (60) approved accredited college credit shall receive an additional fifteen cents ($0.15) per hour above the salary schedule rate of pay. Academic coursework considered for incentive compensation must be shown to have direct relevance to the specific secretarial position whose occupant is seeking recognition (e.g., dictation, shorthand, note taking, accounting, computer language, data entry, keyboarding, etc.).
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Incentive Coursework Compensation. Effective July 1, 1999, Employees with: 1. Ninety (90) or more semester hours of approved accredited college credit shall receive an additional thirty-five cents ($0.35) per hour above the salary schedule rate of pay; alternatively, a WPSS with a Bachelor's Degree from an accredited institution shall be placed at the thirty-five cents ($0.35) level.
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Related to Incentive Coursework Compensation

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • 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.

  • Bonus Compensation During the term hereof, the Executive shall participate in the Company’s Senior Executive Annual Incentive Plan, as it may be amended from time to time pursuant to the terms thereof (the “Plan,” a current copy of which is attached hereto as Exhibit A) and shall be eligible for a bonus award thereunder (the “Bonus”). For purposes of the Plan, the Executive shall be eligible for a Bonus, and the Executive’s specified percentage (the “Specified Percentage”) for such Bonus shall initially be fifty percent (50%) of Base Salary and shall thereafter be established annually by the Board of Directors (the “Board”) or, if the Board delegates the Specified Percentage determination process to a Committee of the Board, by such Committee. In the event the Board or Committee does not approve the Executive’s Specified Percentage within 90 days of the beginning of a fiscal year, such Specified Percentage shall be the same as the immediately preceding year. Whenever any Bonus payable to the Executive is stated in this Agreement to be prorated for any period of service less than a full year, such Bonus shall be prorated by multiplying (x) the amount of the Bonus otherwise earned and payable for the applicable fiscal year in accordance with this Sub-Section 4.2 by (y) a fraction, the denominator of which shall be 365 and the numerator of which shall be the number of days during the applicable fiscal year for which the Executive was employed by the Company. Executive agrees and understands that any prorated Bonus payments will be made only after determination of the achievement of the applicable Performance Measures (as defined in the Plan) in accordance with the terms of the Plan. Any compensation paid to the Executive as Bonus shall be in addition to the Base Salary.