Employee Handbook

Shepherd Electric Supply offers tuition reimbursement for the purpose of providing financial assistance to its employees who would like to continue their education and expand their current skill level.

Shepherd Electric Supply has established a reimbursement program for expenses incurred through institutions or programs of learning, to include trade schools (Electrical, CDL, IT, etc.). The program offers eligible employees 100% reimbursement of tuition costs up to $3000 annually, if the skills acquired are related to a current job or would benefit in other areas associated with Shepherd’s needs/requirements. Shepherd Electric Supply requires that all classes be approved before registration and that the employees honor a two-year employment obligation effective after final grade submission.

Employees interested in taking advantage of this benefit must complete the Tuition Reimbursement Form, located in Wiki, after speaking with his or her manager and before enrolling in any course in which the employee would expect reimbursement. The employee must provide some pertinent information about the course for which they would like to receive reimbursement from their manager, Human Resources and/or our CFO, if requested.

Eligibility:

Employees are eligible to enroll in the Tuition Reimbursement Program after 90 days of employment. Course start dates must be on or after the employees 90 days of employment with Shepherd Electric Supply. Employees must work a minimum of 32 hours/week to be eligible for 100% reimbursement. Additionally, employees must be in good standing and must not be on any verbal or written warning at the time of the request.

Covered Expenses include Tuition, Books and Software - not to exceed $3000 per calendar year. Excluded expenses include but are not limited to: Athletic fees, Application fees, Aptitude Tests (GMAT, GRE, etc.), Car related expenses (parking, transportation), Meals, Graduation fees and any late fees incurred by the employee.

Reimbursement Options:

Employees have two weeks from the last day of the course to submit grades and proof of payment to Human Resources. Employees will be reimbursed if a Pass/Fail requirement has been met. If an employee does not pass the class or withdraws during the session, they will not be eligible for reimbursement. If an employee is terminated for any reason (voluntary or involuntary) during a given course period, the individual must pay back any outstanding fees under the Reimbursement program. The obligation is amortized monthly. For example, if the amount an employee owes is $2000 and the employee leaves after only completing one year of their employment obligation, the amount owed Shepherd is $1000. Any money due will be deducted from the employee’s final paycheck. If the paycheck does not cover the amount due to Shepherd, the remaining balance can be repaid via credit card or by arranging a repayment agreement. The repayment agreement will not extend longer than 3 months following termination and the employee is responsible for paying any applicable legal fees, court costs or collection fees that result from non-payment.