Set Up Seniority Based Allowances

A seniority allowance is an allowance paid to an employee that varies depending on the seniority band they are in.

This band will be based on the collective agreement or company rules and according to their seniority within the enterprise.

The seniority calculation is performed in accordance with statutory French rules and the employee’s seniority years are assessed as of the end of the payroll period.

Types of seniority based allowances (FR: Primes d’ancienneté):

• Percentage of a balance, typically (but not always) paid as a recurring amount.
• Flat amount payment in the form of a spot bonus.