Common use of Conversion Formula Clause in Contracts

Conversion Formula. For an employee reassigned from a shift schedule to a 40-hour schedule, multiply the employee’s accumulated CTO times a conversion factor of .7547. For an employee reassigned from a 40- hour schedule to a shift schedule, multiply the employee’s accumulated CTO times a conversion factor of 1.325.

Appears in 6 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Conversion Formula. For an employee reassigned from a shift schedule to a 40-hour schedule, multiply the employee’s 's accumulated CTO times a conversion factor of .7547. For an employee reassigned from a 40- hour schedule to a shift schedule, multiply the employee’s 's accumulated CTO times a conversion factor of 1.325of1.325.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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