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402.15 Employee Early Resignation Incentive

F. C. SCHOOL BOARD POLICIES

Series 400 – Staff Personnel
 
Employee Early Resignation Incentive           Code No. 402.15
 
 
The Forest City Community School district will pay certified and support staff employees a stipend from $100 to $500 for the submission of an early resignation letter.  The stipend will not be offered for supplemental contracts.  The stipend will decrease as the year progresses.  Resignations must be turned in to the superintendent by the last day of the month.  If the last day of the month falls on a weekend, then the resignation must be turned in to the superintendent by the last Friday of the month prior to the weekend.  Stipends will be included in the employee’s final paycheck.  
 
Early resignation stipend amounts will be as follows: 
January or before $500.00
February $300.00 
March $100.00
 
 
 
 
Adoption  11-08-07
               
Review     403 Employee Contracts
 
Revision   1/10/08
                                                 
Cross References:
 
Legal References:  Iowa Code §§ 91A.2, 3, .5;  279.13, .19A  (1993).