 Professional Certifications and Continuing Education

PROFESSIONAL CERTIFICATION AND CONTINUING EDUCATION

The Professional Certification and Continuing Education policy provides for reimbursement of fees and expenses for initial certifications and licenses, and continuing education requirements relevant to your current or anticipated responsibilities here at Wallace. Our policy is intended to support you and reinforce our commitment to learning and professional development.

The Professional Certification and Continuing Education policy is in addition to our Tuition Reimbursement policy.

Specifically, the policy covers:  Acquisition of initial certifications to include Chartered Financial Analyst (CFA), information technology certifications (network management, SharePoint developer), Certified Employee Benefits Specialist (CEBS), and administrative skills (Microsoft Office Specialist)  Fulfillment of continuing education requirements to maintain a license or certification: for the certifications noted above, plus Certified Public Accountant (CPA), the legal profession, and other comparable professional licenses or certifications.

Reimbursement is based on these criteria:  Initial certification/continuing education is relevant to a staff member’s current or anticipated responsibilities at Wallace  Reimbursement at 100%: examination fees; study guides, textbooks and course materials; and all coursework, including preparation, either online or classroom  Annual maximum per employee: $5,000  Approval required in advance for initial course of study and continuing education credits  Reimbursement for examination fees is contingent upon written documentation of successful completion of/passing the exam  Staff member must be an employee in good standing at the time the reimbursement payment is made

Approval and Reimbursement Process Initial approval: In advance, complete the Request for Approval section of the Professional Certification and Continuing Education form located here on the intranet. Please have your director and human resources sign off on the form.

Reimbursement: Please use a copy of the form indicating approval, and complete the Request for Reimbursement section. Include documentation for all expenses. For examination fees, please include documentation of successful completion/passing grade. Because these expenses are covered under the “Staff Development” budget, human resources will approve the reimbursement.

This policy statement is not a contract of employment. The Wallace Foundation reserves the right to change or revoke this policy statement at any time without notice.

Professional Certification and Continuing Education January 2021