Educational Assistance Program

We are excited to announce the launch of Omega’s new educational assistance program designed to support your personal and professional growth. At Omega, we believe in investing in you – our most valuable resource.

Our new educational assistance program covers:

• Tuition reimbursement for employees who pursue relevant courses or degree programs to enhance their skills and knowledge
• Full-Time Corporate and Technical Employees
• Financial support and resources to help an employee prepare for and obtain a relevant professional certification
• Reimbursement up to $5,000.00* per year

Employees should complete an Educational Assistance Application and receive approval in advance of taking the course. Evidence of successful course completion and grade obtained will be required for reimbursement. See attached policy for details and application.

Omega believes that investing in your education and professional development not only benefits you as an individual but also contributes to the overall success and growth of our organization. We encourage you to take advantage of these new programs and explore opportunities for learning and growth.

*Must be repaid (prorated) if voluntary separation within 12 months of reimbursement.

POLICY

• Omega Technical Services will reimburse an employee up to a maximum of $5,000.00 per year for continuing education or certifications through an accredited program that either offers growth in an area related to his or her current position or that may lead to promotional opportunities. This education may include college credit courses, education unit courses, seminars, and certification tests. Assistance more than $5,000.00 per year can be approved on a case-by-case basis by the company CEO or President.
• An employee must secure a passing grade of at least a “B” for undergraduate or graduate courses or its equivalent or obtain a “passing” score for professional certifications to receive any reimbursement. Expenses must be validated by receipts and a copy of the final grade or certification received.
• Employees must remain employed with Omega for at least 12 months following reimbursement under this policy. Employees that voluntarily leave prior to 12 months will owe a prorated portion of their reimbursement based on the number of full months completed.

ELIGIBILITY

• Full-time, regular employees who have completed six-months of employment are eligible under this policy. Technical employees working under a customer contract must have at least one year remaining under contract, including options, following the completion of the educational course or certification program.

REIMBURSEMENT

To receive reimbursement for educational expenses, employees should follow the procedures listed here:

• Provide the completed OTS-HR-POL-24-000-F01, Educational Assistance Application (EAA) to manager or assigned PMO Director
• Obtain the appropriate application signatures.
• Provide a copy of the EAA request form to the Omega Human Resources (HR) Department. (The employee will maintain the original until he or she has completed the course.)
• Resubmit the original EAA form once the course is successfully completed with the reimbursement section completed, including appropriate signatures, and attach receipts and evidence of a passing grades or certifications as part of an EAA packet.
• The HR Department will coordinate the reimbursement with the Accounting Department.