EPI believes that employees are its most valuable asset. To that end, the Company offers a Continuing Education benefit to eligible employees. The Benefit can be used for professional certifications, degree completion, and or professional development as it pertains to the employee’s position at work. The maximum reimbursement amount is $2,500 per year and is subject to location caps.
To be eligible for the Benefit Employees must have been employed with the Company for a minimum of a year, or classified by the Company as benefits eligible – those employees working more than 30 hours per week on average. This Benefit is not available to part-time employees or interns.
Any employee who elects to participate in the benefit will be required to sign an agreement stating that they will reimburse the company the benefit amount should they leave the Company.
It is the Company’s position that any employee who accepts the benefit will be required to sign an agreement requiring full reimbursement of funds allocated should they leave the Company within a one year time period.
|How do I apply for the benefit?||The benefit will be distributed on a first come-first serve basis. Please contact your immediate Supervisor, Business Manager or a member of the Human Resources department for additional assistance.|
|Will the benefit cover Lab fees?||Yes - you determine how you want to the benefit allocated to your individual situation.|
|Will I have to maintain a certain GPA to obtain the benefit?||You will be required to maintain a passing grade to obtain the benefit. If you will be using the benefit for certification of professional development purposes you will be required to submit appropriate supporting documentation.|
|Do I have to be with the Company for a specified period of time to be eligible for the Benefit?||If you are considered benefits eligible according to company’s definition, and you have been employed with the company for at least one (1) consecutive year, you are eligible for Continuing Education.|
|Will the Company pay me upfront or will I get reimbursed?||The Company will not pay you up-front. You will be required to provide appropriate receipts/documentation. The Company will then reimburse you up the allowable benefit amount.|
|If I leave the Company will I be required to pay anything back?||Yes - If you use the benefit and leave the Company within a one year time period, you will be required to pay the full amount back.|
|Can I apply for the benefit every year?||If you are continuing your education and are working on completing your degree, you may apply for the benefit every year. This does not mean that you will receive it. The goal of the Company is to provide the benefit to as many employees as possible remember, the benefit will be distributed on a first come first serve basis. The same applies for those employees seeking certifications and or considering participating in professional development courses.|
|Will the money be direct deposited into my account?||Payment will be handed by each separate entity in conjunction with Corporate Payroll.|
These FAQ’s are not meant to answer every individual scenario but are intended to provide a brief overview of the benefit.
For further information please contact your immediate Supervisor, Business Office Manager, or member of the Human Resources department for a copy of the Continuing Education Policy.