Common use of Longevity Compensation Clause in Contracts

Longevity Compensation. ‌ Employees will be compensated for longevity at the following rates annually: 10-14 years - $000 00-00 years - $000 00-00 years - $300 25 + years - $400

Longevity Compensation. ‌ Employees will be compensated for longevity at the following rates annually: 10-14 years - YEARS‌ $000 00500 15-00 years - 19 YEARS $000 00-00 years - 750 20+ YEARS $300 25 + years - 1,000 THE LONGEVITY PAYMENTS ARE NOT CUMULATIVE, E.G., A 15 YEAR EMPLOYEE WILL NOT RECEIVE $400500 AND $750, HE/SHE WILL ONLY RECEIVE $750.

Longevity Compensation. ‌ Employees will Longevity compensation shall be compensated for as shown below. Less than eight (8) hour employees shall receive prorated longevity at the following rates annually: 10increment payments. Years 7-14 years - $000 0010 4.70% Years 11-00 years - $000 0015 6.20% Years 16-00 years - $300 20 8.70% Years 21-25 11.20% Years 26-30+ years - $40013.70%

Longevity Compensation. ‌ Employees will Longevity compensation shall be compensated for as shown below. Less than eight (8) hour employees shall receive prorated longevity at the following rates annually: 10increment payments. Years 7-14 years - $000 0010 3.50% Years 11-00 years - $000 0015 5.00% Years 16-00 years - $300 20 7.50% Years 21-25 10.00% Years 26-30+ years - $40012.50%