some new stuff about the topic

1. Seniority and longevity pay

2.  Compensation is defined as the total amount of the
monetary and non-monetary pay provided to an employee
by an employer in return for work performed as required.

3. Systems in Compensation
 Traditional base pay system.
 Modern base pay system.

4. Traditional base pay system
1. Seniority Pay : Seniority pay systems reward
employees with permanent additions to base pay
periodically, according to employees’ length of
service performing their jobs.

5. Traditional base pay system
2. Longevity pay systems :
It reward with permanent
additions to base pay those
employees who have
reached pay grade
maximums and who are
not likely to move into
higher pay grades.

6. Advantages of seniority &
Longevity pay
 To employees:
1. Guarantee promotions.
2. Advancement in job
field.
3. Reduce employee
turnover.
 To employers:
1. It facilitates the
administration of pay
programs.
2. Employers are less likely
to offend the employees
by showing favoritism to
others.

7. Disadvantage of Seniority
& Longevity Pay
Rewarding performance.
Slow career growth.