Credit for Seniority Sample Clauses
The "Credit for Seniority" clause establishes how an individual’s prior experience or service is recognized when determining their rank, benefits, or entitlements within an organization. Typically, this clause outlines the criteria for awarding credit, such as previous employment in similar roles or time spent in related positions, and specifies how this credit affects salary scales, vacation accrual, or promotion eligibility. Its core function is to ensure fair treatment of employees by acknowledging relevant past service, thereby facilitating equitable integration and motivation for new hires or transferees.
Credit for Seniority. In the event two (2) or more applicants are equally qualified by virtue of identical test scores, seniority shall govern placement on the promotional list.
Credit for Seniority. An employee who transfers to a position outside the bargaining unit and who after having returned to a position in the bargaining unit for any reason within three (3) years and with no break in employment, shall then receive credit for seniority as if the employee had not transferred to a position outside the bargaining unit.
Credit for Seniority. 5.2.1 All employees within the scope of this agreement shall after successful completion of initial probation be credited with seniority from their date of employment.
Credit for Seniority. If an employee is transferred outside the bargaining unit, they shall retain any seniority accumulated up to the date of leaving the unit, but will not accumulate any further seniority until they return to the Unit.
Credit for Seniority. JMS will cause to be extended to each Newco Employee full credit for the entire period of continuous service preceding the Effective Time rendered to P&G and Newco as if such service had occurred with JMS, for purposes of eligibility to participate and vesting under any of JMS's and its Affiliates' benefit plans, pension, retirement and/or profit sharing plans, insurance and vacation; provided, however, that this sentence shall not apply to eligibility for equity-based compensation, and JMS shall, for this purpose, be permitted to consider Newco Employees newly hired. JMS will further cause to be extended full credit for service preceding the Effective Time rendered to P&G and Newco by a Newco Employee (i) whose employment is terminated by JMS at any time after the Effective Time for purposes of determining the severance or other termination pay due to such terminated Newco Employee under the applicable severance or termination plan or policy of JMS, if any, and (ii) as to early retirement subsidies and the entitlement to higher levels of benefits (such as matching combinations under a 401(k) plan, credits under a cash balance plan and other similar benefits) in respect of service following the Effective Time under any JMS pension and/or profit sharing plan, if any.