Effective Date May 26, 2015

Service Awards

Florida Tech values the contributions, knowledge and experience of long-term employees. In appreciation of this dedicated service, Florida Tech recognizes employees as they reach milestone anniversaries of employment and retirement.

Program Eligibility

Active, Full-time, benefit eligible employees are eligible for the Service Awards program.  Part-time employees, Temporary employees, and Adjuncts are not eligible. These awards are designed to thank the employee for their dedication to the University and are awarded quarterly. throughout the year.

Procedure

The following procedure will determine an employee’s years of service:

One year of service will be credited to an employee for each full year completed. A full year is defined as 365 days of continued employment in good standing.

Upon completion of each five years of service an employee will be eligible for an Award. Service Levels Include: Five Years, Ten Years, Fifteen Years, Twenty Years, Twenty-Five Years, Thirty Years, etc. Recognition is awarded to eligible employees in March, June, September and December each year.

• For example: An employee hired in May 2000, would earn five years of service in May 2005, and the Award would be given to the employee at the end of the quarter, June 2005.

A Retirement Service Award requires at least Ten Years of Service. The Award will be given to the employee in the quarter following their exit from the University.

• For example: An employee, who retired in May 2000, would be presented the Award in June, 2000.

In the event an employee leaves the university and is re-hired at a later date, their years of service for an award will be calculated based on the service requirements as listed in the Reinstatement Policy. (8.17 Reinstatement) For this purpose, the Continuous Service Date Record in Workday  is used to calculate the years of service.