Entitlement on Termination. If the employee terminates after having accumulated 20 weeks' service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 weeks' service in the calendar year, entitlement will be as follows: (a) If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 5. above, the Company will recover one day's pay for each floating holiday taken. (b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five weeks' service in the year would be entitled to 5/20ths of three days. The Company will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 5. above. In no case will an employee be entitled to more than three floating holidays or floating holiday credit in a calendar year.
Appears in 18 contracts
Samples: Collective Agreement, Partnership Agreement, Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 weeks' service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 weeks' service in the calendar year, entitlement will be as follows:
(a) If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 54. above, the Company will recover one day's pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five weeks' service in the year would be entitled to 5/20ths of three days. The Company will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 54. above. In no case will an employee be entitled to more than three floating holidays or floating holiday credit in a calendar year.
Appears in 7 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 twenty (20) weeks' service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 twenty (20) weeks' service in the calendar year, entitlement will be as follows:
(a) If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 5. above, the Company will recover one (1) day's pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated pro-rated based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five (5) weeks' service in the year would be entitled to 5/20ths of three (3) days. The Company will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 5. above. In no case will an employee be entitled to more than three (3) floating holidays or floating holiday credit in a calendar year.
Appears in 6 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 twenty (20) weeks' service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 twenty (20) weeks' service in the calendar year, entitlement will be as follows:
(a) If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 54. above, the Company will recover one (1) day's pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated pro-rated based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five (5) weeks' service in the year would be entitled to 5/20ths of three (3) days. The Company will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 54. above. In no case will an employee be entitled to more than three (3) floating holidays or floating holiday credit in a calendar year.
Appears in 6 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 weeks' ’ service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 weeks' ’ service in the calendar year, entitlement will be as follows:
(a) If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 54. above, the Company will recover one day's ’s pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated based on the number of weeks' ’ accumulated service in the year of termination. For example, an employee who terminates after accumulating five weeks' ’ service in the year would be entitled to 5/20ths of three days. The Company will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 54. above. In no case will an employee be entitled to more than three floating holidays or floating holiday credit in a calendar year.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 twenty (20) weeks' service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 a ccumulating twenty (20) weeks' service in the calendar year, entitlement entitl ement will be as follows:
(a) If the employee has not qualified for fo r entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 5. above, the Company will recover one (1) day's pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated pro-rate d based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five (5) weeks' service in the year would be entitled to 5/20ths of three (3) days. The Company will either make a cash ca sh payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 5. above. In no case will an employee be entitled entitl ed to more than three (3) floating holidays or floating holiday credit in a calendar year.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 twenty (20) weeks' service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 a ccumulating twenty (20) weeks' service in the calendar year, entitlement entitl ement will be as follows:
(a) If the employee has not qualified for fo r entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 54. above, the Company will recover one (1) day's pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated pro-rate d based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five (5) weeks' service in the year would be entitled to 5/20ths of three (3) days. The Company will either make a cash ca sh payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 54. above. In no case will an employee be entitled entitl ed to more than three (3) floating holidays or floating holiday credit in a calendar year.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 weeks' service in the calendar year, the Company IESO will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 weeks' service in the calendar year, entitlement will be as follows:
(a) If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 5. above, the Company IESO will recover one day's pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five weeks' service in the year would be entitled to 5/20ths of three days. The Company IESO will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 5. above. In no case will an employee be entitled to more than three floating holidays or floating holiday credit in a calendar year.
Appears in 1 contract
Samples: Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 weeks' weeks of service in the calendar year, the Company IESO will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 weeks' weeks of service in the calendar year, entitlement will be as follows:
(a) If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 5. above, the Company IESO will recover one day's pay for each floating holiday taken.
(b) If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated based on the number of weeks' weeks of accumulated service in the year of termination. For example, an employee who terminates after accumulating five weeks' weeks of service in the year would be entitled to 5/20ths of three days. The Company IESO will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 5. above. In no case will an employee be entitled to more than three floating holidays or floating holiday credit in a calendar year.
Appears in 1 contract
Samples: Collective Agreement
Entitlement on Termination. If the employee terminates after having accumulated 20 weeks' service in the calendar year, the Company will make a cash payment in lieu of any unused floating holiday credit. If the employee terminates prior to accumulating 20 weeks' service in the calendar year, entitlement will be as follows:
(a) : If the employee has not qualified for entitlement in the previous year, he/she will have no entitlement in the current year. If he/she was granted a floating holiday under 5. above, the Company will recover one (1) day's pay for each floating holiday taken.
(b) . If the employee has qualified for entitlement in the previous year, his/her entitlement will be prorated based on the number of weeks' accumulated service in the year of termination. For example, an employee who terminates after accumulating five (5) weeks' service in the year would be entitled to 5/20ths of three days. The Company will either make a cash payment in lieu of any unused floating holiday credit or recover the value of the unearned portion of floating holidays taken under 5. above. In no case will an employee be entitled to more than three (3) floating holidays or floating holiday credit in a calendar year.. Temporary part-time employees shall receive payment. (Ref. Part A,
Appears in 1 contract
Samples: Collective Agreement