Common use of Longevity Premium Pay Clause in Contracts

Longevity Premium Pay. Upon completion of the required time of service, employees shall be entitled to longevity premium pay. Longevity shall be based on an employee's date of hire for full-time service, to become effective with the beginning of the pay period following completion of the required service time. Longevity shall be paid as per the following schedule provided that the employee has demonstrated acceptable performance as evidenced by an overall performance evaluation of “Good Work” or better utilizing the current evaluation instrument in use by the police department as of the date of this contract. Employees who are rated overall as “Learning or Must Improve” or who are on, or placed on a Performance Deficiency Notice will be compensated at the next lower longevity schedule. Upon successful completion of the requirements of the Performance Deficiency Notice or the achievement of a overall “Good Work” or better rating they shall be elevated to the usually applicable longevity schedule rate. Employees who are rated “Learning or Must Improve” shall receive a subsequent rating at the conclusion of six months from the date of the prior rating. Should the performance evaluation instrument be changed or modified during the life of this contract the City agrees to meet and confer with the Guild over the longevity eligibility applications relevant to the new rating categories. Longevity premium pay for all employees covered by this Agreement shall be paid as a percentage of their straight time rate of pay as follows: After 5th Year: 2% After 10th Year: 3% After 15th Year: 5% After 20th Year: 7%

Longevity Premium Pay. Upon completion of the required time of service, employees shall be entitled to longevity premium pay. Longevity shall be based on an employee's date of hire for full-time service, to become effective with the beginning of the pay period following completion of the required service time. Longevity shall be paid as per the following schedule provided that the employee has demonstrated acceptable performance as evidenced by an overall performance evaluation of “Good WorkMeets Expectations” (3) or better utilizing the current evaluation instrument in use by the police department as of the date of this contract. Employees who are rated overall as “Learning or Must ImprovePartially Meets Expectations” (2 or who are on, or placed orplaced on a Performance Deficiency Notice will be compensated at the next lower longevity schedule. Upon successful completion of the requirements of the Performance Deficiency Notice or the orthe achievement of a overall “Good WorkMeets Expectations” (3) or better rating they shall be elevated to the usually applicable longevity schedule rate. Employees who are rated “Learning or Must ImprovePartially Meets Expectations” (2) shall receive a subsequent rating at the conclusion of six months from the date of the prior rating. Should the performance evaluation instrument be changed or modified during the life of this contract the City agrees to meet and confer with the Guild over the longevity eligibility applications relevant to the new rating categories. Longevity premium pay for all employees covered by this Agreement shall be paid as a percentage of their straight time rate of pay as follows: After 5th Year: 2% Effective the first day of the first pay period in 2024, the 5-year longevity shall increase from 2% to 3% After 10th Year: 34% After 15th Year: 56% After 20th Year: 78% After 25th Year 9%