Common use of Long Service Bonus Clause in Contracts

Long Service Bonus. Employees with a seniority date before July 1, 1999 shall have Long Service Bonuses added to the rates otherwise determined in accordance with clauses 27.01 and 27.07, as follows: After 8 years service but less than 13 years - 3% After 13 years service but less than 18 years - 5% After 18 years service but less than 23 years - 7% After 23 years service - 9%

Long Service Bonus. Employees with a seniority date of last hire before July 1, 1999 shall have Long Service Bonuses added to the rates otherwise determined in accordance with clauses 27.01 and 27.07, as follows: After 8 years service but less than 13 years - 3% After 13 years service but less than 18 years - 5% After 18 years service but less than 23 years - 7% After 23 years service - 9%