LENGTH-OF-SERVICE ALLOWANCE. Less than six months 1 week Six months to four years 3 weeks Five years to nine years 4 weeks Ten years or more 5 weeks The following allowances of vacation shall apply to employees hired after July 1, 1992:
LENGTH-OF-SERVICE ALLOWANCE. Less than six months 1 week Six months to four years 2 weeks Five years to nine years 3 weeks
LENGTH-OF-SERVICE ALLOWANCE. The length-of-service allowance is paid monthly, unless otherwise agreed locally. If the allowance is paid once or twice a year, it is not considered when calculating holiday pay or average hourly earnings. The term ‘length-of-service’ refers to the years of uninterrupted services under the current employment relationship. Years of service is also accumulated by periods of employment in other companies controlled by the same company when directly followed by the current employment relationship. In the event of a change of ownership in the company, employees transferred as so-called old employees, the period of employment under the previous owners is also included in the total uninterrupted duration of employment. The length-of-service allowance is based on the number of working days as referred in Section 7 of the Annual Holidays Act. The amount of the length-of-service allowance depends on the years of uninterrupted service by the end of the previous month. The length-of-service allowance is paid to the salaried employee on a monthly basis and the amounts of the allowances are as follows, as based on the years of uninterrupted service: Length of service years Length-of-service allowance €/month 5–9 50 10–14 60 15–19 84 20–24 106 25–29 127 more than 30 149 When paying the length-of-service allowance as a monthly allowance, it is treated in the payroll administration as actual monthly salary (with respect to, for example, annual holiday pay, part- time pay, overtime and Sunday work bonuses, etc.).
LENGTH-OF-SERVICE ALLOWANCE. As the company recognises the importance of long serving employees the following Service allowance is available to employees. Years of Service Completed Current Allowance per Week Current Allowance per Year Revised/new Allowance per Week Revised/new Allowance per Year 6 $15.00 $780 $17.00 $884 13 $29.00 $1,508 $32.00 $1,664 An attendance allowance of $50/week will be paid for attendance for the full period of ordinary hours i.e. 7.6hrs Monday to Friday, with no exceptions, to this rule. Employees may choose to bank this allowance and take it as paid time off at an agreed time between the employee and management to a maximum of (10) days time in lieu per year. Banking of attendance allowance must be by written request on an approved form. Outstanding balances will be paid out at Christmas. A sand blasting allowance of $50 per day will be paid for any sand blasting performed in any given day. An employee required to work overtime for more than two hours shall either be supplied with a meal by the Company or paid $10.50 meal allowance.
LENGTH-OF-SERVICE ALLOWANCE. Length-of-service allowances shall be increased by 3.1% on 1 June 2024 or at the beginning of the salary period starting after that date.
LENGTH-OF-SERVICE ALLOWANCE. The length-of-service allowance is paid monthly, unless otherwise agreed locally. If the allowance is paid once or twice a year, it is not considered when calculating holiday pay or average hourly earnings. The term ‘length-of-service’ refers to the years of uninterrupted services under the current employment relationship. Years of service is also accumulated by periods of employment in other companies controlled by the same company when directly followed by the current employment relationship. In the event of a change of ownership in the company, employees transferred as so-called old employees, the period of employment under the previous owners is also included in the total uninterrupted duration of employment. The length-of-service allowance is based on the number of working days as referred in Section 7 of the Annual Holidays Act. The amount of the length-of-service allowance depends on the years of uninterrupted service by the end of the previous month. The length-of-service allowance is paid to the salaried employee on a monthly basis and the amounts of the allowances are as follows, as based on the years of uninterrupted service: COLLECTIVE AGREEMENT FOR SALARIED EMPLOYEES The length-of-service allowances are as follows from the beginning of the pay period starting on or after 1 June 2022: Length of service years Length-of-service allowance €/month 5–9 51 10–14 61 15–19 85 20–24 107 25–29 128 yli 30 150 The length-of-service allowances are as follows from the beginning of the pay period starting on or after 1 June 2024: Length of service years Length-of-service allowance EUR per month 5–9 53 10–14 63 15–19 88 20–24 110 25–29 132 over 30 155
