University of Virginia Library

Retention Stipend

A retention stipend will be paid to Registered Nurses and Licensed Practical Nurses employed in the designated units as of the implementation date of this plan. The stipend for RN's will be $1500, with $750 paid on or about the implementation date, and the balance paid six months later. Payment is contingent upon the Registered Nurse being actively employed on the unit(s) at the scheduled time of payment. The stipend for Licensed Practical Nurses will be $500, with $250 paid on or about the implementation date, and the balance paid six months later. Payment is contingent upon the LPN being actively employed on the unit(s) at the scheduled time of payment. Part-time classified nurses working at least a 50% schedule and who are otherwise eligible will receive a pro-rate stipend. The retention stipend will be paid from the wage payroll and will not be included in the employees' base salary.