Long-service Award
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Long-service Award - (adjective + noun)
Definition
These are awards to reward lengthy periods of service to an employer. They vary in the intervals that they are awarded (for example every 10 years or every 15 years), and what the awards will be.
Extra
Source: Adapted from xperthr.co.uk
Example of Use: He received a 10,000 euro long-service award after working for the firm for 20 years.