Three different employment dates are used to calculate your eligibility for various benefits.
Hire Date - The original date you were hired by FictionSoft.
Length of Service Date - A revised hire date, which reflects a change from part-time to full-time employment, a leave of absence lasting more than ninety days, or the rehire of a former employee.
Vesting Date - The total amount of time an employee has worked for FictionSoft a full-time capacity, which has been adjusted for breaks in service, provided the employee has worked for a longer period of time than he was separated from the company. This date is used to calculate the employee’s vested portion of the employer matching contribution made to the employee’s 40l (k) Savings Plan. An employee vests 20% of matching contributions for each year of employment and is 100% vested after five (5) years.