163.54 COLLEGE EDUCATION BONUS FOR MANAGEMENT EMPLOYEES.
The City of Youngstown agrees to award a cash incentive to any officer or employee in the various departments of the City of Youngstown, Ohio, not included in any bargaining unit and, therefore, designated as "Management," including the Youngstown Municipal Court and the Youngstown Clerk of Courts, for the achievement of certain educational levels in the following manner:
(a) For each management employee hired before January 1, 2020, who has an associate degree (defined as 'an academic degree conferred by an accredited college/university signifying that the recipient has satisfactorily completed an undergraduate course of study of a minimum of two years'), such employee shall receive an annual bonus of four hundred five dollars ($405.00) for year 2023.
(b) For each management employee who has a bachelors degree (defined as 'an academic degree conferred by an accredited college/university signifying that the recipient has satisfactorily completed an undergraduate course of study of a minimum of four years or more'), such employee shall receive an annual bonus of four hundred seventy dollars ($470.00) for year 2023.
(c) For each management employee who has a post-graduate degree (defined as 'an academic degree conferred by an accredited college/university signifying that the recipient has satisfactorily completed a graduate level/post-baccalaureate, including master and/or doctoral, course of study'), such employee shall receive an annual bonus of five hundred sixty-five dollars ($565.00) for year 2023.
(d) Such bonuses shall be paid yearly in the month of November.
(Ord. 23-430. Passed 11-13-23.)