What percentage of longevity pay is given after 15 years of service?

Understand the Problem

The question is asking for the percentage of longevity pay that is awarded after an employee has completed 15 years of service. It provides multiple-choice options to select from.

Answer

4%

The percentage of longevity pay given after 15 years of service is 4%.

Answer for screen readers

The percentage of longevity pay given after 15 years of service is 4%.

More Information

Different organizations may have varying policies when it comes to longevity pay percentages, so it is important to verify with the specific employer's policy.

Tips

A common mistake is assuming all employers have the same longevity pay rates. Always consult your organization's policy.

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