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What does longevity mean on a paycheck?

: additional wages or other compensation given on the basis of length of service.

How do you calculate longevity pay?

Another option in determining longevity pay is basing it on a percentage of the employees salary. This may be based exclusively on the employees annual salary or include bonuses and other forms of compensation. Certain cases of longevity pay can also have wage caps on specific job titles.

What is the state of Maine longevity pay?

Confidential employees with fifteen (15) years of State service are eligible to receive an annual longevity payment of $624.00.

How is longevity pay paid out?

Longevity steps are payable on the first day of the pay period following completion of the required service based on the Anniversary Date unless the anniversary date is the first day of a pay period.

Who is the highest paid state employee in Maine?

ing to the website Open Checkbook, which tracks the spending of the states, the highest-paid state employee in Maine is the man in charge of Augustas Riverview Psychiatric Hospital. Open Checkbook says that Dr. Matthew J. Davis, the clinical director for Riverview, made $376,371.84 in fiscal year 2022.

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Who is the highest paid state employee in Maine?

ing to the website Open Checkbook, which tracks the spending of the states, the highest-paid state employee in Maine is the man in charge of Augustas Riverview Psychiatric Hospital. Open Checkbook says that Dr. Matthew J. Davis, the clinical director for Riverview, made $376,371.84 in fiscal year 2022.

What is the pay scale for Maine State employees?

The average State of Maine salary ranges from approximately $42,500 per year for Security Officer to $134,537 per year for Chief Financial Officer. Average State of Maine hourly pay ranges from approximately $15.38 per hour for Customer Service Representative to $75.00 per hour for Sonographer.

How much are benefits worth in total compensation?

The average civilian worker costs an employer $42.48 per hour in total compensation 31% on benefits and 69% on wages. The average private industry worker costs an employer $40.23 per hour in total compensation 29.5% on benefits and 70.5% on wages.

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What does longevity mean on a paycheck?

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Who is the highest paid state employee in Maine?

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Who is the highest paid state employee in Maine?

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