I am up for a 35 years long service award at my company soon, but I am not overly impressed at the company's policy on long service awards.
In short, it is a follows:
10 years - R2000, taxable.
15 and 25 years - R5000 untaxed.
35 years - R7500 untaxed.
40 years - R15000 untaxed.
45 years - R5000 untaxed, R19500 travel award, booked by the company's travel agent. 5 Days special leave to make use of this holiday award.
Share your company's long service rewards, it should be interesting.
In short, it is a follows:
10 years - R2000, taxable.
15 and 25 years - R5000 untaxed.
35 years - R7500 untaxed.
40 years - R15000 untaxed.
45 years - R5000 untaxed, R19500 travel award, booked by the company's travel agent. 5 Days special leave to make use of this holiday award.
Share your company's long service rewards, it should be interesting.