Common use of Credit Accumulation Clause in Contracts

Credit Accumulation. Paid sick leave shall accumulate at the rate of twelve (12) hours per one hundred and seventy-three and three tenths (173.3) hours worked, effective the first day of employment. The maximum amount of accumulation shall be one thousand forty (1,040) hours. “Hours worked” for the purposes of sick time credit accumulation does not include paid sick time, or Workers’ Compensation. A Nurse can accumulate, but cannot use sick leave credits during the probationary period.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Credit Accumulation. Paid sick leave shall accumulate at the rate of twelve (12) hours per one hundred and seventy-three and three tenths (173.3) hours worked, effective the first day of employment. The maximum amount of accumulation shall be one thousand forty (1,040) hours. “Hours workedWorked” for the purposes of sick time credit accumulation does not include paid sick time, or Workers’ Worker’s Compensation. A Nurse can accumulate, but cannot use sick leave credits during the probationary period. Paid sick leave shall accumulate at the rate of 0.045977 times actual hours work. The maximum amount of accumulation shall be three hundred (300) hours.

Appears in 1 contract

Samples: Collective Agreement

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