Longevity Incentive. 3.3.1 To encourage and reward employee longevity, the City will provide the following longevity incentives upon employee permanent status anniversary date: • Completion of five (5) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salary. • Completion of ten (10) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salary. • Completion of fifteen (15) years of service to the City of ▇▇▇▇▇: four percent (4%) of Base Salary. 3.3.2 The incentives are cumulative, not compounded, and cannot exceed ten percent (10%).
Appears in 2 contracts
Sources: Memorandum of Understanding, Memorandum of Understanding
Longevity Incentive. 3.3.1 To encourage and reward employee longevity, the City will provide the following longevity incentives upon employee permanent status anniversary date: • Completion of five seven (57) years of service to the City of ▇▇▇▇▇: two percent (2%) of base pay Completion of eleven (11) years of service to the City of ▇▇▇▇▇: two percent (2%) of base pay Completion of fifteen (15) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salary. • base pay Completion of ten twenty (1020) years of service to the City of ▇▇▇▇▇: three one percent (31%) of Base Salary. • Completion of fifteen (15) years of service to the City of ▇▇▇▇▇: four percent (4%) of Base Salary.base pay
3.3.2 The incentives are cumulative, not compounded, and cannot exceed ten eight percent (108%).
Appears in 1 contract
Sources: Memorandum of Understanding
Longevity Incentive. 3.3.1 To encourage and reward employee longevity, the City will provide the following longevity incentives upon employee permanent status anniversary date: • Completion of five (5) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salarybase pay. • Completion of ten (10) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salarybase pay. • Completion of fifteen (15) years of service to the City of ▇▇▇▇▇Dixon: four percent (4%) of Base Salarybase pay.
3.3.2 The incentives are cumulative, not compounded, and cannot exceed ten percent (10%).
Appears in 1 contract
Sources: Memorandum of Understanding
Longevity Incentive. 3.3.1 To encourage and reward employee longevity, the City will provide the following longevity incentives upon employee permanent status anniversary date: • Completion of five (5) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salarybase pay. • Completion of ten (10) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salarybase pay. • Completion of fifteen (15) years of service to the City of ▇▇▇▇▇: four percent (4%) of Base Salarybase pay.
3.3.2 The incentives are cumulative, not compounded, and cannot exceed ten percent (10%).
Appears in 1 contract
Sources: Memorandum of Understanding
Longevity Incentive. 3.3.1 To encourage and reward employee longevity, the City will provide the following longevity incentives upon employee permanent status anniversary date: • Completion of five (5) years of service to the City of ▇▇▇▇▇Dixon: three percent (3%) of Base Salary. • Completion of ten (10) years of service to the City of ▇▇▇▇▇Dixon: three percent (3%) of Base Salary. • Completion of fifteen (15) years of service to the City of ▇▇▇▇▇Dixon: four percent (4%) of Base Salary.
3.3.2 The incentives are cumulative, not compounded, and cannot exceed ten percent (10%).
Appears in 1 contract
Sources: Memorandum of Understanding
Longevity Incentive. 3.3.1 To encourage and reward employee longevity, the City will provide the following longevity incentives upon employee permanent status anniversary date: • Completion of five seven (57) years of service to the City of Dixon: two percent (2%) of base pay Completion of eleven (11) years of service to the City of Dixon: two percent (2%) of base pay Completion of fifteen (15) years of service to the City of Dixon: three percent (3%) of base pay Completion of twenty (20) years of service to the City of ▇▇▇▇▇: three one percent (31%) of Base Salary. • Completion of ten (10) years of service to the City of ▇▇▇▇▇: three percent (3%) of Base Salary. • Completion of fifteen (15) years of service to the City of ▇▇▇▇▇: four percent (4%) of Base Salary.base pay
3.3.2 The incentives are cumulative, not compounded, and cannot exceed ten eight percent (108%).
Appears in 1 contract
Sources: Memorandum of Understanding