Anniversary Bonus. 1. After an uninterrupted period of employment, the following shall be paid on the occasion of - 25 years of service 1 month’s salary or wages, - 35 years of service 2 months’ salary or wages, - 45 years of service 3 months’ salary or wages as an anniversary bonus. If the employment is terminated between the completed 40th and 45th year of service, an aliquot share of 3 months’ salary or wages corresponding to the period of service completed in this 5-year period shall be due; this entitlement shall not exist if the employment ends as a result of dismissal through fault or resignation without good cause.
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Samples: 27, 27, www.feei.at
