Longevity bonus
Term · Economic statistics · MLC-T-ECS-001093
Lump-sum payment paid to employees on the basis of their length of service.
Note: For example, a government savings bond or an add-on to severance pay.
| Identifier | MLC-T-ECS-001093 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001093",
"term": "Longevity bonus",
"field": "Economic statistics",
"definition": "Lump-sum payment paid to employees on the basis of their length of service.\n\nNote: For example, a government savings bond or an add-on to severance pay.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/longevity-bonus/"
}
Record 1,093 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.