Calculating Vacation Time Clause Samples

Calculating Vacation Time. On the employee’s anniversary date, full-time employees shall be entitled to vacation leave as follows: 1) One week (5 working days) of vacation leave for each six months’ full-time service to one year; then 2) Two weeks (10 working days) each year from one (1) year to three (3) years 7-8 16 9-10 17 15+ 20 Employees hired before October 31, 2001 will receive a maximum of twenty two (22) vacation days per year. Vacation days are earned based upon full calendar months worked from the employee’s anniversary date. The calculation of vacation earned, but not yet credited to the employee’s account shall be based upon the following formula: a. Vacation days due as per contract times (x) eight (8) equals (=) vacation allowance in hours. b. Hours from (a) above, times (x) full calendar months worked beyond anniversary date divided (÷) by equals twelve (12) equals (=) vacation hours due. Vacation time, like personal days and sick leave, will not be accrued during an employee’s extended absence after twelve (12) weeks of absence.