UTC also gives employees paid time off, up to three hours a week, to attend class or study. Employees can take any course and pursue any degree, regardless of whether it is directly related to their jobs. UTC also rewards employees who obtain degrees through the program. UTC s U.S. workers who participate in the program and who are awarded a bachelor s degree or higher currently receive 200 shares of UTC common stock. Program participants who obtain an associate s degree receive 100 shares of stock, and an additional 100 shares if they subsequently proceed to obtain their bachelor s degree.
International employees receive a proportional stock award based on their pay.
Employees who are awarded degrees under the extension will also be eligible for the graduation award. United Technologies Corp., based in Hartford, Conn., provides a broad range of high technology products and support services to the building systems and aerospace industries.