Common use of Longevity Bonus Clause in Contracts

Longevity Bonus. A. Upon completion of the following years of employment, Employer shall pay eligible employees an annual longevity bonus, the amounts which follow: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earned, the employee shall receive a longevity bonus in a prorated amount, which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12), and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separation, if the period of separation does not exceed thirty (30) days. D. Regular full-time or part-time employees hired on or after January 1, 2014 shall not be eligible for the longevity bonus. None of the provisions contained in this article shall apply to employees hired on or after January 1, 2014.‌

Longevity Bonus. A. Upon completion of the following years of employment, Employer shall pay eligible employees an annual longevity bonus, the amounts which follow: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earned, the employee shall receive a longevity bonus in a prorated amount, which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12), and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separation, if the period of separation does not exceed thirty (30) days. D. Regular full-time or part-time employees hired on or after January 1, 2014 shall not be eligible for the longevity bonus. None of the provisions contained in this article shall apply to employees hired on or after January 1, 2014.‌2014.

Longevity Bonus. A. 1. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998, an annual longevity bonus, the amounts which follow, at the pay period which follows the anniversary date of employment: After 5 through 9 years service 1.5% of annual salary on anniversary date After 10 through 14 years service 2% of annual salary on anniversary date After 15 through 19 years service 2.5% of annual salary on anniversary date After 20+ years service 3% of annual salary on anniversary date Longevity bonus pay for employees hired after January 1, 1998, and prior to January 1, 2014, shall be as follows: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment2. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated pro-rated amount, which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. 3. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separation, if the period of separation does not exceed thirty (30) days. D. 4. Regular full-time or part-time employees hired on or after January 1, 2014 2014, shall not be eligible for the longevity bonus. None of the provisions contained in this article Section C above shall apply to employees hired on or after these employees, effective January 1, 2014.‌2014.

Longevity Bonus. A. Upon completion At the start of the following years of employment, Employer shall pay eligible employees an annual a longevity bonus, . This longevity bonus shall be paid to each employee in each pay period. The longevity amount is paid based on the amounts which followemployee’s continuous service date and is paid out based on the base hourly rate at the time of payment as follows: After 5 5th through 9 years 9th years’ service 1.0% of annual salary on anniversary date After 10 base hourly rate 10th through 14 years 14th years’ service 1.5% of annual salary on anniversary date After 15 base hourly rate 15th through 19 years 19th years’ service 2.0% of annual salary on anniversary date After 20+ years base hourly rate 20th+ year service 2.5% of base hourly rate In order to implement the transition from annual salary on anniversary date B. The above longevity bonus will be considered earned as to longevity included in the employee’s hourly rate of the anniversary pay, employees owed longevity from their last longevity date of employment. In the event that an eligible employee terminates employment for any reason prior to through the date the above hourly longevity bonus is earnedeffective, the employee shall will receive a longevity bonus in a prorated amountlump sum equivalent payment no later than two (2) payroll cycles after implementation of the hourly longevity. Employees hired on or after January 1, which is computed as follows: The number of months between 2014 shall not be eligible for the employee's anniversary date and termination date shall be divided by twelve (12), and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid None of the provisions contained in the month of this article shall apply to employees hired on or the month following the employee’s anniversary dateafter January 1, 2014. C. B. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separation, if the period of separation does not exceed thirty (30) days. D. Regular full-time or part-time employees hired on or after January 1, 2014 shall not be eligible for the longevity bonus. None of the provisions contained in this article shall apply to employees hired on or after January 1, 2014.‌

Longevity Bonus. A. 1. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998 an annual longevity bonus, the amounts which follow, at the pay period which follows the anniversary date of employment: After 5 through thru 9 years service 1.5% of annual salary on anniversary date. After 10 thru 14 years service 2.0% of annual salary on anniversary date. After 15 thru 19 years service 2.5% of annual salary on anniversary date. 20+ years service 3.0% of annual salary on anniversary date. Longevity bonus pay for employees hired after January 1, 1998, shall be earned as follows: After 5 thru 9 years service 1.0% of annual salary on anniversary date After 10 through thru 14 years service 1.5% of annual salary on anniversary date After 15 through thru 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment2. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated amount, which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. 3. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- re-employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separationservice, if the period of separation does not exceed thirty (30) days, excluding the time of separation. D. 4. Regular full-time or part-time employees hired on or after January 1, 2014 2013, shall not be eligible for the longevity bonus. None of the provisions contained in this article section shall apply to employees hired on or after January 1, 2014.‌these employees.

Longevity Bonus. A. 1. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998 an annual longevity bonus, the amounts which follow, at the pay period which follows the anniversary date of employment: After 5 through thru 9 years service 1.5% of annual salary on anniversary date. After 10 thru 14 years service 2.0% of annual salary on anniversary date. After 15 thru 19 years service 2.5% of annual salary on anniversary date. 20+ years service 3.0% of annual salary on anniversary date. Longevity bonus pay for employees hired after January 1, 1998, shall be earned as follows: After 5 thru 9 years service 1.0% of annual salary on anniversary date After 10 through thru 14 years service 1.5% of annual salary on anniversary date After 15 through thru 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment2. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated amount, which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. 3. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- re-employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separationservice, if the period of separation does not exceed thirty (30) days, excluding the time of separation. D. 4. Regular full-time or part-time employees hired on or after January 1, 2014 2013, shall not be eligible for the longevity bonus. None of the provisions contained in this article Section C above shall apply to employees hired on or after these employees, effective January 1, 2014.‌2013.

Longevity Bonus. A. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998, an annual longevity bonus, the amounts which follow, at the pay period which follows the anniversary date of employment. After 5 through 9 years service 1.5% of annual salary on anniversary date After 10 through 14 years service 2.0% of annual salary on anniversary date After 15 through 19 years service 2.5% of annual salary on anniversary date After 20+ years service… 3.0% of annual salary on anniversary date B. Longevity bonus pay for employees hired after January 1, 1998, shall be as follows: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment. C. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated amount, which is computed as follows: The number of months between the employee's ’s anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary datepercentage. C. D. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon in a leave without pay status; providedProvided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off layoff period; provided Provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separation, if the period of separation does not exceed thirty (30) days. D. Regular full-time E. Employees hired on, or part-time employees hired on or after after, January 1, 2014 2015 shall not be eligible for the longevity bonus. None Longevity Bonus and none of the provisions contained in this article Section 22 shall apply to employees hired on or after January 1, 2014.‌these employees.

Longevity Bonus. A. Upon completion of the following years of employment, Employer All regular full time employees covered hereby shall pay eligible employees an annual longevity bonus, the amounts which follow: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment. In the event that an eligible employee terminates employment for any reason prior entitled to the date the above longevity bonus is earned, the employee shall receive a longevity bonus in a prorated amount, which is for length of service with the City according to the following rules and schedule of payment: A. Longevity bonus shall be computed as follows: The number a percentage of months between the employee's anniversary date and termination date employees’ regular annual base salary or wage. Base salary or wage shall be divided by twelve (12), and that salary or wage which an employee is being paid on the result multiplied with first regularly scheduled pay period of the appropriate annual longevity bonus. The fiscal year in which a longevity bonus may be paid in the month of is due. Base salary or the month following the employee’s anniversary date. C. The longevity wage shall not include overtime pay, premium pay or uniform allowance. Longevity bonus shall be based upon on full time, continuous employmentservice. B. Following completion of five (5) years of continuous full time service by October 1 of any year and continuing in subsequent years of such service, exclusive of those periods wherein each employee shall receive annual longevity payments as provided in the schedule. C. To be eligible for longevity payment subsequent to the first payment, an employee is placed upon must have completed continuous full time service equal to the service required for original eligibility plus a leave without pay status; providedminimum of one additional year of such service for each payment, when excepting that employees who retire between October 1st dates shall be eligible for a pro-rated payment as outlined under Subsection F below. D. Payments to employees who become eligible by October 1 of any year shall be due the subsequent December 1. E. Longevity Bonus Schedule: Continuous Service Annual Bonus 5 or more and less than 10 years 2% of annual wage 10 or more and less than 15 years 4% of annual wage 15 or more and less than 20 years 6% of annual wage 20 or more and less than 25 years 8% of annual wage 25 or more years 10% of annual wage F. Employees who are eligible for longevity bonus payments and who retire on a service or disability retirement basis shall be paid a pro-rated longevity bonus. Such pro-rated payment shall be based on the number of calendar months of full time service credited to an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from preceding October to the date of re- employment; except retirement. An employee whose service with the City terminates for any reason, including retirement, between October 1 and December 1 of any year, shall be paid longevity bonus immediately upon termination or retirement. No longevity payment as above scheduled shall be computed from the date made for that portion of an employee’s most recent continuous service date excluding the period 's regular salary or wage which is in excess of separation, if the period of separation does not exceed thirty twenty five thousand dollars (30) days$25,000). D. Regular full-time or part-time employees hired on or after January 1, 2014 shall not be eligible for the longevity bonus. None of the provisions contained in this article shall apply to employees hired on or after January 1, 2014.‌

Longevity Bonus. A. ‌ 1. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998, an annual longevity bonus, the amounts which follow, at the pay period which follows the anniversary date of employment: After 5 through 9 years service 1.5% of annual salary on anniversary date After 10 through 14 years service 2% of annual salary on anniversary date After 15 through 19 years service 2.5% of annual salary on anniversary date After 20+ years service 3% of annual salary on anniversary date Longevity bonus pay for employees hired after January 1, 1998, and prior to January 1, 2014, shall be as follows: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment2. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated pro-rated amount, which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. 3. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separation, if the period of separation does not exceed thirty (30) days. D. 4. Regular full-time or part-time employees hired on or after January 1, 2014 2014, shall not be eligible for the longevity bonus. None of the provisions contained in this article shall sectionshall apply to employees hired on or after January 1, 2014.‌these employees.

Longevity Bonus. A. 1. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998, an annual longevity bonus, the amounts which follow, at the pay period which follows the anniversary date of employment: After 5 through 9 years service 1.5% of annual salary on anniversary date After 10 through 14 years service 2% of annual salary on anniversary date After 15 through 19 years service 2.5% of annual salary on anniversary date After 20+ years service 3% of annual salary on anniversary date Longevity bonus pay for employees hired after January 1, 1998, and prior to January 1, 2014, shall be as follows: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date B. The above longevity bonus will be considered earned as of the anniversary date of employment2. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated pro-rated amount, which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. 3. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, the longevity bonus shall be computed from the date of re- employment; except the longevity bonus shall be computed from the date of employee’s most recent continuous service date excluding the period of separation, if the period of separation does not exceed thirty (30) days. D. 4. Regular full-time or part-time employees hired on or after January 1, 2014 2014, shall not be eligible for the longevity bonus. None of the provisions contained in this article shall sectionshall apply to employees hired on or after January 1, 2014.‌these employees.

Longevity Bonus. A. Upon All employees hired prior to January 1, 2014, shall, upon completion of the following years of employment, Employer shall pay eligible employees receive an annual longevity bonus, the amounts which follow, on the second (2nd) pay period of the employee’s anniversary month of employment: After 5 through 9 years service 1.0% of annual salary on anniversary date After thru 10 through 14 years service 1.5% of annual salary on anniversary date After 10 thru 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ 15 thru 20 years service 2.5% of annual salary on anniversary date21+ years service 3.0% of annual salary B. The above longevity bonus will be considered earned as of the anniversary date of employment. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated amount, amount which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, rehired the longevity bonus shall be computed from the date of re- re-employment; except except, the longevity bonus shall be computed from the date of employee’s most recent continuous service date date, excluding the period of separation, if the period of separation does not exceed thirty (30) days. During the employee’s first year of re-hire, she/he shall receive a longevity bonus prorated based upon the service time completed from the date of rehire to their adjusted service date. D. Regular full-time or part-time employees hired on on, or after after, January 1, 2014 shall not be eligible for the longevity bonusLongevity Bonus. None of the provisions contained in this article Article shall apply to employees hired on or after January 1, 2014.‌those employees.

Longevity Bonus. A. Upon 21.1. All employees hired prior to January 1, 2014, shall, upon completion of the following years of employment, Employer shall pay eligible employees receive an annual longevity bonus, the amounts which follow, on the second (2nd) pay period of the employee’s anniversary month of employment: After 5 through 9 years service 1.0% of annual salary on anniversary date After thru 10 through 14 years service 1.5% of annual salary on anniversary date After 10 thru 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ 15 thru 20 years service 2.5% of annual salary on anniversary date21+ years service 3.0% of annual salary B. The above longevity bonus will be considered earned as of the anniversary date of employment21.2. In the event that an eligible employee terminates employment for any reason prior to the date the above longevity bonus is earnedreason, the employee shall receive a longevity bonus in a prorated amount, amount which is computed as follows: The number of months between the employee's anniversary date and termination date shall be divided by twelve (12)twelve, and the result multiplied with the appropriate annual longevity bonus. The longevity bonus may be paid in the month of or the month following the employee’s anniversary date. C. 21.3. The longevity bonus shall be based upon continuous employment, exclusive of those periods wherein an employee is placed upon a leave without pay status; provided, when an employee is laid off and rehired, and the separation does not exceed twelve (12) months, the longevity bonus shall be computed from the employee’s most recent continuous service date excluding the lay-off period; provided further, when an employee separates from employment and is subsequently rehired, rehired the longevity bonus shall be computed from the date of re- re-employment; except except, the longevity bonus shall be computed from the date of employee’s most recent continuous service date date, excluding the period of separation, if the period of separation does not exceed thirty (30) days. During the employee’s first year of re-hire, she/he shall receive a longevity bonus prorated based upon the service time completed from the date of rehire to their adjusted service date. D. 21.4. Regular full-time or part-time employees hired on on, or after after, January 1, 2014 shall not be eligible for the longevity bonusLongevity Bonus. None of the provisions contained in this article Article shall apply to employees hired on or after those employees, effective January 1, 2014.‌2014.