Common use of Accrual Rates Clause in Contracts

Accrual Rates. Employees Hired After 7-1-93. Full time employees hired after July 1, 1993 shall, during the first and second year of employment, accrue paid vacation leave at the rate of eight (8) hours for each calendar month of service completed. Applicable accrual rates for paid vacation leave after the first two

Accrual Rates. Employees Hired After 7-1-93. Full time employees hired after July 1, 1993 shall, during the first and second year of employment, accrue paid vacation leave at the rate of eight (8) hours for each calendar month of service completedservice. Accrual of vacation shall begin the first day of employment. Applicable accrual rates for paid vacation leave after the first twotwo (2) years of employment, up to a maximum accumulation of two hundred eighty (280) hours, are as follows: