Page 30 - My FlipBook
P. 30
Beneit Resource
Guide
The following conditions will apply: Reimbursement of tuition is limited to those courses which have
been approved and are contingent upon presentation of receipt from
X The educational program must institution and grade report to the President. Reimbursement will be
not interfere with the employee’s according to the following schedule, based on the grade achieved. If
ongoing job responsibilities you participate in a class that only offers a Pass or Fail “grade,” you will
X Courses begun during or before only receive reimbursement if you receive a Pass for the course.
the irst year of employment will
Grade
not be reimbursable A, B, or C Full Time
100%
X Employees may be reimbursed for D or F 0%
up to two courses each semester,
up to a maximum of twelve hours
per calendar year Employees who terminate employment within 12 months of
completing a Company-reimbursed course, without moving to a sister
X The reimbursement will be limited Americare Company, will be responsible to the Company for all of the
to $2,000 per year per employee costs paid by the Company.
and be limited to $10,000 per
Division If an employee voluntarily reduces their employment status to less than
X Tuition reimbursement excludes full time during the 12-month period following reimbursement, the
expenses for room and board, employee is expected to immediately repay, through payroll deduction
books, fees, and other expenses or otherwise, a prorated amount paid by the Company during the
not considered tuition previous months. For example, if status falls below full time 5 months
X All applications for tuition after payment of tuition, the employee must payback the 7/12’s of the
reimbursement must be in writing tuition reimbursed by the company.
and approved by the Division Reimbursement under the Tuition Assistance Program may not be
Vice President and the Vice taxable income to the employee, if all criteria established by applicable
President of Finance prior to law are satisied. This tuition reimbursement is subject solely to the
course registration discretion of Americare management and may be terminated at any
time.
Tuition Assistance Program is only eligible for courses applicable to
career advancement or advancement within the company. All full-time
employees working at least 30 hours per week are eligible.
30
Guide
The following conditions will apply: Reimbursement of tuition is limited to those courses which have
been approved and are contingent upon presentation of receipt from
X The educational program must institution and grade report to the President. Reimbursement will be
not interfere with the employee’s according to the following schedule, based on the grade achieved. If
ongoing job responsibilities you participate in a class that only offers a Pass or Fail “grade,” you will
X Courses begun during or before only receive reimbursement if you receive a Pass for the course.
the irst year of employment will
Grade
not be reimbursable A, B, or C Full Time
100%
X Employees may be reimbursed for D or F 0%
up to two courses each semester,
up to a maximum of twelve hours
per calendar year Employees who terminate employment within 12 months of
completing a Company-reimbursed course, without moving to a sister
X The reimbursement will be limited Americare Company, will be responsible to the Company for all of the
to $2,000 per year per employee costs paid by the Company.
and be limited to $10,000 per
Division If an employee voluntarily reduces their employment status to less than
X Tuition reimbursement excludes full time during the 12-month period following reimbursement, the
expenses for room and board, employee is expected to immediately repay, through payroll deduction
books, fees, and other expenses or otherwise, a prorated amount paid by the Company during the
not considered tuition previous months. For example, if status falls below full time 5 months
X All applications for tuition after payment of tuition, the employee must payback the 7/12’s of the
reimbursement must be in writing tuition reimbursed by the company.
and approved by the Division Reimbursement under the Tuition Assistance Program may not be
Vice President and the Vice taxable income to the employee, if all criteria established by applicable
President of Finance prior to law are satisied. This tuition reimbursement is subject solely to the
course registration discretion of Americare management and may be terminated at any
time.
Tuition Assistance Program is only eligible for courses applicable to
career advancement or advancement within the company. All full-time
employees working at least 30 hours per week are eligible.
30
