What is the longevity increase percentage for employees with 15 or more years of service?

What is the longevity increase percentage for employees with 15 or more years of service?

• A. 5%
• B. 7.5%
• C. 10%
• D. 12%

Answer: (B)

Longevity pay is a service-based pay increase that rewards longer tenure. In this contract, employees who have reached 15 or more years of service receive a seven and a half percent increase applied to their base pay. This recognizes accumulated experience and helps retain long-tenured staff. For example, if your base pay is $25 per hour, the longevity increase adds 7.5% of that amount, which is $1.875 more per hour. Your effective rate would be $26.875 per hour before any overtime or other adjustments. Other percentage figures correspond to different service milestones or separate provisions, but for the 15+ years category the agreed boost is seven and a half percent.

Longevity pay is a service-based pay increase that rewards longer tenure. In this contract, employees who have reached 15 or more years of service receive a seven and a half percent increase applied to their base pay. This recognizes accumulated experience and helps retain long-tenured staff.

For example, if your base pay is $25 per hour, the longevity increase adds 7.5% of that amount, which is $1.875 more per hour. Your effective rate would be $26.875 per hour before any overtime or other adjustments.

Other percentage figures correspond to different service milestones or separate provisions, but for the 15+ years category the agreed boost is seven and a half percent.