2022 ABC Board Minutes - Laserfiche WebLink

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Orange County ABC Board Policy and Procedure Manual Employee Retention Benefit The Employee Retention Benefit is intended to reward employees for continued loyal employment with the board and is based on years of service. Employee Retention Pay Schedule: Ernpiayee Retention Scale Employee Retention Scale FT PT FT/ PT 1 Year 1.50% $100 2 First24 Months 2°0 Years 1.75% $125 3 Years 2.00% $150 _5 Years 3% 4 Years 2.25% $175 6-9 Years 40 5-9 years .50% $250 10 -14 Years 5% 10-14 Years 3. % $325 15-19 Years 4.00°0 $400 15 -19 Years 6% 20-24 Years 4.75% 8475 20-24 Years 7% 25 Years plus 1 5.50% $550 25 Years Plus $% <500 ho s Eligibility for the first Year employee: Any employee who starts on or before June ls' is eligible for the Employee Retention Benefit and anyone hired after that date is not eligible until the following year. Eligibility after the first year: All papttime and full time employees who work 500.heuFs or meFe and all Full Time empleyees are eligible for their applicable Retention Benefit level based on length of service. Completed Years of Service: A completed year is a calendar year and any part of a month more than 15 calendar days qualifies as a full month of service. Annual Salary/Wages: Salary/wages include all pay earned through salaries and wages received during the period December 15t of the prior year through November 30t" of the current year. The only types of payment not included in the calculation is: > Prior year retention benefit payment > Lump Sum Check if applicable Vacation Payout Separation: Retention pay is not pro-rated or paid when employees separate during the year. The Employee Retention Benefit pay will be included in the first pay period of December. 4-3 11/15/2022