Common use of Annual Vacation Accumulation Clause in Contracts

Annual Vacation Accumulation. Each year of service for the application of this Article shall be a period of twelve (12) months effective on the Nurse’s date of hire. Paid vacation leave credits shall be earned on the basis of regular hours paid. “Regular hours paid” for the purpose of calculating paid vacation leave credits shall include the straight time hourly equivalent of overtime hours worked to the applicable maximum annual vacation entitlement as set out below. Vacation credits shall accumulate to the Nurses on the following basis: (a) Effective the date of hire, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 17.333 regular hours paid to a maximum of 120 hours. (b) Effective on the commencement of the fifth (5th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 13.000 regular hours paid to a maximum of 160 hours. (c) Effective on the commencement of the fifteenth (15th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 10.400 regular hours paid to maximum of 200 hours.

Appears in 1 contract

Samples: Collective Agreement

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Annual Vacation Accumulation. Each year of service for the application of this Article shall be a period of twelve (12a) months effective on the Nurse’s date of hire. Paid vacation leave credits shall be earned on the basis of regular hours paid. . (b) “Regular hours paid” for the purpose of calculating paid vacation leave credits shall include the straight time hourly equivalent of overtime hours worked to the applicable maximum annual vacation entitlement as set out below. . (c) Vacation credits shall accumulate to the Nurses on the following basis: (ai) Effective the date of hire, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 17.333 regular hours paid to a maximum of 120 hours. (bii) Effective on the commencement of the fifth (5th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 13.000 regular hours paid to a maximum of 160 hours. (ciii) Effective on the commencement of the fifteenth (15th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 10.400 regular hours paid to maximum of 200 hours. iv) Each year of service for the application of this Article shall be a period of twelve (12) months.

Appears in 1 contract

Samples: Collective Agreement

Annual Vacation Accumulation. Each year of service for the application of this Article shall be a period of twelve (12) months effective on the Nurse’s date of hire. Paid vacation leave credits shall be earned on the basis of regular hours paid. “Regular hours paid” for the purpose of calculating paid vacation leave credits shall include the straight time hourly equivalent of overtime hours worked to the applicable maximum annual vacation entitlement as set out below. Vacation credits shall accumulate to the Nurses on the following basis: (a) Effective the date of hire, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 17.333 regular hours paid to a maximum of 120 hours. (b) Effective on the commencement of the fifth (5th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 13.000 regular hours paid to a maximum of 160 hours. (c) Effective on the commencement of the fifteenth (15th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 10.400 regular hours paid to maximum of 200 hours. (d) Effective on the commencement of the twentieth (20th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 8.666 regular hours paid to maximum of 240 hours.

Appears in 1 contract

Samples: Collective Agreement

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Annual Vacation Accumulation. Each year of service for the application of this Article shall be a period of twelve (12a) months effective on the Nurse’s date of hire. Paid vacation leave credits shall be earned on the basis of regular hours paid. “. (b) Regular hours paid" for the purpose of calculating paid vacation leave credits shall include the straight time hourly equivalent of overtime hours worked to the applicable maximum annual vacation entitlement as set out below. . (c) Vacation credits shall accumulate to the Nurses on the following basis: (ai) Effective the date of hire, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 17.333 regular hours paid to a maximum of 120 hours. (bii) Effective on the commencement of the fifth (5th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 13.000 regular hours paid to a maximum of 160 hours. (ciii) Effective on the commencement of the fifteenth (15th) year of service, vacation shall accumulate at the rate of one (1) hour of vacation credit for each 10.400 regular hours paid to maximum of 200 hours. iv) Each year of service for the application of this Article shall be a period of twelve (12) months.

Appears in 1 contract

Samples: Collective Agreement

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