Common use of Compensation and Benefits Treatment Clause in Contracts

Compensation and Benefits Treatment. i) Vacations: payment of the prorated amount of 15 days adjusted earnings or 4%, whichever is greater. ii) Statutory Holidays: pay for statutory holidays provided the employee has more than three months’ accumulated service or according to the Employment Standards Act, whichever is more provident. iii) Floating Holidays: three floating holidays after 20 weeks' continuous service. iv) Sick Leave: credits for one-half day at 100% pay for each month of accumulated service. v) Semi-Private and EHB Plan: optional at employee's cost.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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