Annual Vacations Adjustment Pay Sample Clauses

Annual Vacations Adjustment Pay. Employees whose regular position is for a period of ten (10) months, but less than twelve (12) months, shall be entitled to and required to take annual vacation with pay during Christmas and spring breaks. Vacation hours accrual balance will be adjusted to accept a negative balance only for Christmas and Spring breaks. Regular employees, other than twelve (12) months, shall not normally be able to take paid vacation leave, except in accordance with Article 21.04, during regular school days. Employees who have received paid vacation pursuant to Article 21.02 during the school year and who have any remaining entitlement based on their balance of vacation hours accrued from the total hours worked during that year shall be paid out. Such vacation entitlement payout will occur on the last pay day in August. Employees whose regular position is for a period of ten (10) months, but less than twelve (12) months, and whose regularly scheduled lay off period is not during July and August, may request their balance of vacation hours accrued to be paid out during their unpaid month(s). Such request may only occur once per fiscal year from July 1 to June 30 and may only be requested if the period without pay is four (4) weeks or greater. Where an employee received more vacation hours in the school year than accrued, the vacation overpayment shall be recovered on the last pay in June or prior to the employee receiving further wages.
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Annual Vacations Adjustment Pay. (cont’d) Where an employee received more vacation hours in the school year than accrued, the vacation overpayment shall be recovered on the last pay in June or prior to the employee receiving further wages.

Related to Annual Vacations Adjustment Pay

  • Annual Vacation Pay Vacation pay shall be paid at the regular hourly rate of the Nurse in effect immediately prior to the Nurse taking vacation.

  • Annual Vacation Auxiliary employees will be entitled to receive annual vacation at the rate of four percent (4%) of their regular earnings. After one thousand (1,000) days worked, auxiliary employees will be entitled to receive annual vacation at the rate of six percent (6%) of their regular earnings.

  • ANNUAL VACATIONS Vacation entitlement earned during previous employment shall be credited to the employee, and vacations granted shall be in accordance with such previous entitlement (Articles 28.01 and 28.02).

  • Part-time Vacation Pay If the Employer currently has the computer systems’ capability to implement bi- weekly vacation pay, they shall do so by the start of the next vacation year or earlier. Those Employers with no computer capability will endeavour to implement bi- weekly vacation pay if there is no significant administrative burden, by the start of the next vacation year or earlier. If the Employer does not so implement, it will provide reasons in writing to the Union. Where possible without extensive programming changes, the amount of vacation pay will be separately identified on the pay stub.

  • ANNUAL LEAVE (VACATION) A. Full time employees, except for participants in the Deferred Retirement Option Program, shall be entitled to earn Annual Leave (Vacation) time according to the following schedule: YEARS OF CONSECUTIVE SERVICE COMPLETED: DAYS EARNED PER BI-WEEKLY PERIOD: UP TO AN ANNUAL MAXIMUM OF: less than 5 .38 10 days 5 .57 15 days 10 .65 17 days 13 .77 20 days 20 .80 21 days 21 .84 22 days 22 .88 23 days 23 .92 24 days 24 .96 25 days B. Annual Leave days may be accumulated to a maximum of thirty (30) work days.

  • Annual Vacation Leave 30.01 An Employee shall not take vacation leave without prior authorization from the Employer.

  • Maximum Vacation Accrual Employees may accrue vacation up to a maximum of two hundred forty (240) hours. An employee who has reached the maximum accrual level may continue to accrue vacation until his or her next anniversary date, at which time any vacation accrued in addition to the two hundred forty (240) hour maximum accrual will be extinguished. With the written approval of the appropriate Vice President, an employee may accrue more than two hundred forty (240) hours of vacation when he or she is precluded from taking a previously scheduled vacation because of University needs. Any such written approval will specify a timeline for the employee to use any excess vacation accrual, after which any excess vacation accrual will be extinguished.

  • SECTION 4 - VACATION 4.1 Employee shall be entitled to accrue and take vacation leave in accordance with the policy applicable to employees of Manitoba.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Calculation of Vacation Pay Vacation pay shall be at the rate effective immediately prior to the vacation period. However, should any salary increase become effective during the employee's vacation period, he/she shall receive the benefit of such increase from the effective date.

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