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Several employees were selected as “Key Employees” and were guaranteed a 10 percent bonus every year for the next three years during conversion period. Because these employees have continued to maintain a high quality of work; the management team has rewarded them by increasing the bonus percentage to 15 percent. Several employees that were first scheduled to be displaced were subsequently offered permanent jobs. These employees were also offered the opportunity to work unlimited overtime during the conversion months. Some current functions were retained, thereby providing job security for several other employees...
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