Common use of Longevity Bonus Clause in Contracts

Longevity Bonus. Effective 2005, twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700.00) per year, payable in one lump sum by the second pay period following the employee's anniversary date.

Longevity Bonus. Effective 2005, After twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700.00) 700 per year, payable in one lump sum by the second pay period following the employee's anniversary date.

Longevity Bonus. Effective 2005, After twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700.00) 700.00 per year, payable in one lump sum by the second pay period following the employee's ’s anniversary date.

Longevity Bonus. Effective 2005Employees shall be entitled to longevity compensation, twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700.00) per year, which shall be payable in one a lump sum by the second no later than two pay period periods following the employee's anniversary datedate of hire. Number of Completed Continuous Years of Service Compensation 3-5 $200 6-8 $400 9-11 $600 12-14 $800 15 or more $1000 Note: The amount of the longevity compensation shall be non-cumulative.

Longevity Bonus. Effective 2005, After twenty (20) years of continuous service, an employee will receive a longevity bonus of seven six hundred and fifty dollars ($700.00650) per year, payable in one lump sum by the second pay period following the employee's anniversary date. After twenty-five (25) years, this bonus shall increase to $700.

Longevity Bonus. Effective 2005, twenty 15.01 After (2015) fifteen years of continuous service, an employee will receive a longevity bonus of seven $650 (six hundred dollars ($700.00and fifty dollars) per year, payable in one lump sum by the second pay period following the employee's anniversary date. After twenty (20) years of service, an employee will receive a longevity bonus of $700 (seven hundred dollars) per year, payable in one lump sum by the second pay period following the employee’s anniversary date.