Long service awards.

geezer

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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.:cry:

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.:)
 
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.:cry:

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.:)

Gets R 7500 tax free..
Complains about it....
 
Yeah...that ain't happening for me...longest I've been with a single company (irrespective of role) is about 2 and a bit years.
 
Lol, a handshake and a long service certificate.
 
Just got 10 years R5k taxable and we normally get certificates.
 
5 years - 20 days leave per year
10 years - 25 days leave per year
Nothing move after that afaik

Who knows why they don't just make it an extra day per year worked up to a max of 10 extra days
 
To think I was unhappy for getting R10k tax free after 5 years. I'm not sure what we get after 10 years, will find out next year.
 
Some extra leave days.
Heck I've been at my current client for 5 years already.
 
5 years - 25 days leave per year and half Krugerrand
10 years - 28 days leave per year and Krugerrand
15 years - Krugerrand set

Then there are some cash monies for the longer terms but I have no idea what they are. I've got 18 months to go to hit the 10 year one.
 
5 years : Award ceremony (basically free dinner and open bar), certificate, handshake
10 years : Award ceremony, certificate, handshake and they'll buy you something of your choice of R3000
 
5 years - 25 days leave per year and half Krugerrand
10 years - 28 days leave per year and Krugerrand
15 years - Krugerrand set

Then there are some cash monies for the longer terms but I have no idea what they are. I've got 18 months to go to hit the 10 year one.

Damn that's very nice! 28 days leave is worth it on its own.

Currently on a contract - Nothing.
 
10 years : 10 Days leave or 10 leave days encashed taxable
15 years : 15 Days leave or 15 leave days encashed taxable
20 years : 20 Days leave or 20 leave days encashed taxable
25 years : 25 Days leave or 25 leave days encashed taxable

30 years : 30 Days leave or 30 leave days encashed taxable + one months salary

After that I dont know

I had 10 years service in February this year
 
10 years in coming Feb. More leave but I never take it, some monies etc and cert.
 
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