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Banking Vacation Credits Sample Clauses

Banking Vacation CreditsAn employee entitled to three (3) weeks vacation or more shall be entitled to bank up to a maximum of ten (10) working days annual vacation. The maximum number of days which an employee can accumulate in the vacation bank shall not exceed twenty (20) days. The banked vacation shall be taken within any of the following five (5) vacation years at the rate of pay prevailing when the vacation is taken.
Banking Vacation Credits. ‌ An employee may carry over up to five days' vacation leave per year to a maximum of 10 days at any one time. An employee will not receive pay in lieu of vacation time except upon retirement or termination. All vacation time not scheduled or designated for carryover by three months prior to the end of the vacation year will be scheduled by the Employer following consultation with the employee.
Banking Vacation CreditsAn employee entitled to three (3) weeks vacation or more shall be entitled to bank up to a maximum of ten
Banking Vacation Credits. Employees are normally encouraged to take their vacation credits in the year they are entitled. However, under extenuating circumstances, and with sufficient reason, an Employee may, with the approval of the Employer, carry forward into the next year a maximum of five (5) unused vacation days. Such unused vacation days shall be added to the Employee's vacation entitlement for the next year of employment and shall be taken by April 30th of the next year, failing which they will be lost.
Banking Vacation CreditsEmployees may carry over only one week of vacation accrued in the previous year to the next year. In such cases, the forwarded vacation time must be taken in the first three (3) months of the new fiscal year.
Banking Vacation CreditsAn employee may carry forward to a subsequent year annual leave not taken in previous years until by so doing the employee has accumulated 160 working hours, in addition to the current years vacation.
Banking Vacation Credits. ‌ An employee may carry over a maximum of two (2) weeks of annual vacation entitlement to the immediate next year. Any additional carry over must be approved by the Public Policy and Government Relations Coordinator.
Banking Vacation CreditsWhere an employee does not, within the period of any year of employment, take all of the vacation to which he/she is entitled, he/she may, with the approval of the Employer, carry forward into the next year of employment, the number of unused vacation days to a maximum of ten (10) days and add such number of days vacation to his/her vacation entitlement for the next year of employment.
Banking Vacation CreditsAn employee shall be entitled to bank up to a maximum of five (5) working days annual vacation, to be taken by the end of the following calendar year, at the rate of pay prevailing when the vacation is taken.
Banking Vacation Credits. Upon approval of a written request: (a) Employees with over two (2) years of service shall be entitled to carry up to forty (40) hours of annual vacation to be used in the following year. (b) Vacation carried over will be paid at the rate at which it was earned and will be the first paid out the following year. (c) An employee must use up all accrued vacation in the year that it is accumulated excluding the days he/she is allowed to carry over. (d) Where a scheduled vacation cannot be taken, every effort must be made to re-schedule the vacation in the same year. If it is not possible to re-schedule a cancelled vacation, the employee shall submit a request in writing to the Senior Manager of Recreation Facilities for payment of the unused vacation days. (e) Employees who are within five (5) years of being eligible for retirement with unreduced pension, may bank a portion of their annual vacation allotment, for a maximum of eight (8) weeks*, for future use towards early retirement. Once banked, the time may not be withdrawn to be used as vacation. When the time is drawn from the bank, the money will be paid out at the rate it was earned. *A week is defined as the number hours worked in a regularly scheduled work week.