Common use of Accrual of Vacation Clause in Contracts

Accrual of Vacation. Holiday Time. All regular employees are eligible to accrue vacation/holiday benefits. Vacation/holiday time shall be accrued on the basis of hours compensated, including hours compensated from an employee’s vacation/holiday leave or sick leave account. An exception will apply when an employee elects, pursuant to Section 9.4, to bank hours worked as compensatory time in lieu of cash payment, in which case vacation/holiday time shall accrue on the hours worked (rather than hours later compensated from a compensatory time bank). Vacation/holiday time shall not accrue on on-call hours or on hours cashed out. Vacation/holiday shall accrue at the following accrual rates: Years of Service Accrual Rate Maximum Annual Vacation/Holiday Time Accrued 0 months through 5th year .0923 hours 192 hours After 5th year through 10th year .1039 hours 216 hours After 10th year through 15th year .1154 hours 240 hours After 15th year through 20th year .1270 hours 264 hours After 20th year .1385 hours 288 hours Years of service shall be based on a nurse’s adjusted service date as defined in Section 5.9.

Accrual of Vacation. Holiday Time. All regular employees are eligible to to‌ 4 accrue vacation/holiday benefits. Vacation/holiday time shall be accrued on the basis of 5 hours compensated, including hours compensated from an employee’s vacation/holiday 6 leave or sick leave account. An exception will apply when an employee elects, pursuant 7 to Section 9.4, to bank hours worked as compensatory time in lieu of cash payment, in 8 which case vacation/holiday time shall accrue on the hours worked (rather than hours 9 later compensated from a compensatory time bank). Vacation/holiday time shall not 10 accrue on on-call hours or on hours cashed out. Vacation/holiday shall accrue at the 11 following accrual rates: Years of Service Accrual Rate Maximum Annual Vacation/Holiday Time Accrued 0 months through 5th year .0923 0.0923 hours 192 hours After 5th year through 10th year .1039 0.1039 hours 216 hours After 10th year through 15th year .1154 0.1154 hours 240 hours After 15th year through 20th year .1270 0.1270 hours 264 hours After 20th year .1385 0.1385 hours 288 hours 12 Years of service shall be based on a nurse’s adjusted service date as defined in Section 13 5.9.