Common use of Computation of Vacation Clause in Contracts

Computation of Vacation. Vacations shall be computed according to length of service as of June 30th of any year. Hours accrued shall be available for use on July 1 of each year. Vacation pay shall be computed on the basis of the employee's normally scheduled work week multiplied by the total hourly rate in effect at the time he or she takes vacation. For example, an employee who normally works forty

Computation of Vacation. ‌ Vacations shall be computed according to length of service as of June 30th of any year. Hours accrued shall be available for use on July 1 of each year. Vacation pay shall be computed on the basis of the employee's normally scheduled work week multiplied by the total hourly rate in effect at the time he or she takes vacation. For example, an employee who normally works fortyforty (40) hours per week at an hourly rate of $5.00 would be entitled to vacation pay of $200.00 for each week of vacation for which he or she is eligible.

Computation of Vacation. ‌ Vacations shall be computed according to length of service as of June 30th of any year. Hours accrued shall be available for use on July 1 of each year. Vacation pay shall be computed on the basis of the employee's normally scheduled work week multiplied by the total hourly rate in effect at the time he or she takes vacation. For example, an employee who normally works forty

Computation of Vacation. Vacations shall be computed according to length of service as of June 30th of any year. Hours accrued shall be available for use on July 1 of each year. Vacation pay shall be computed on the basis of the employee's normally scheduled work week multiplied by the total hourly rate in effect at the time he or she takes vacation. For example, an employee who normally works fortyforty (40) hours per week at an hourly rate of $5.00 would be entitled to vacation pay of $200.00 for each week of vacation for which he or she is eligible.