Common use of Long Service Premium Clause in Contracts

Long Service Premium. Long term employees shall receive a premium as follows: Ten (10) years of service fifty ($.50) cents per hour Fifteen (15) years of service seventy ($.70) cents per hour (Inclusive of the previous fifty ($.50) cents) Twenty (20) years of service ninety ($.90) cents per hour (Inclusive of the previous seventy ($.70) cents) Twenty Five (25) years of service One dollar and ten cents ($1.10) per hour (Inclusive of the previous ninety ($.90) cents) B-3 Full-time increment increases will occur on the employee's anniversary date. Part-time and casual increment increases will occur where one (1) year equals thirteen hundred (1300) hours worked and/or paid. Part-time and casual employees will receive incremental increases every thirteen hundred (1300) hours or every twelve months, whichever is greater.

Long Service Premium. Long term employees shall receive a premium as follows: Ten (10) years of service fifty ($.50) cents per hour Fifteen (15) years of service seventy ($.70) cents per hour (Inclusive of the previous fifty ($.50) cents) Twenty (20) years of service ninety ($.90) cents per hour (Inclusive of the previous seventy ($.70) cents) Twenty Five (25) years of service One dollar and ten cents ($1.10) per hour (Inclusive of the previous ninety ($.90) cents) B-3 Full-time increment increases will occur on the employee's anniversary date. Part-Part- time and casual increment increases will occur where one (1) year equals thirteen hundred (1300) hours worked and/or paid. Part-time and casual employees will receive incremental increases every thirteen hundred (1300) hours or every twelve months, whichever is greater.