Common use of Factored Leave Accrual Rate Clause in Contracts

Factored Leave Accrual Rate. Sick leave accrues at the factored rate of 0.046154 hours per hour on pay status, including paid holiday hours. Years of Qualifying Service Average Sick Accruals per Month Sick Accrual Factor per Hour Total Working Hours* Sick Accrual: Monthly Equivalent Less than 10 8 .046154 160-hours (2 Bi-weekly Period) 7.3846 240-hours (3 Bi-weekly period) 11.0770 10 but less than 15 8 .046154 160-hours (2 Bi-weekly Period) 7.3846 240-hours (3 Bi-weekly period) 11.0770 15 but less than 20 8 .046154 160-hours (2 Bi-weekly Period) 7.3846 240-hours (3 Bi-weekly period) 11.0770 20 or more 8 .046154 160-hours (2 Bi-weekly Period) 7.3846 *Hours on pay status, including paid holiday hours