Common use of HOLIDAYS AND VACATION PAY Clause in Contracts

HOLIDAYS AND VACATION PAY. 11.01 All employees who have completed probation shall be entitled to vacation pay equal to five percent (5%) of their total annual gross earnings. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. Employees who have worked for the Employer for five (5) years or more shall receive five and one-half (5.5%) percent of their total gross earnings in vacation pay. Employees who have been employed by the employer for eight (8) years or more shall receive six and one-half (6.5%) percent of their total gross earnings in vacation pay. Employees who are fulfilling their probationary period shall receive four (4) percent of their gross earnings in vacation pay. The Employer will pay out vacation pay at the employee’s request on the first pay following the date the employee makes the request.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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HOLIDAYS AND VACATION PAY. 11.01 All employees who have completed probation shall be entitled to vacation pay equal to five and one half percent (55.5%) of their total annual gross earnings. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. Employees who have worked for the Employer for five (5) years or more shall receive five and one-half six per cent (5.56%) percent of their total gross earnings in vacation pay. Employees who have been employed by the employer Employer for eight (8) years or more shall receive six and one-half seven percent (6.57%) percent of their total gross earnings in vacation pay. Employees who are fulfilling their probationary period shall receive four percent (4%) percent of their gross earnings in vacation pay. The Employer will pay out vacation pay at the employee’s request on of the first (1st) pay following the date the employee makes the request.

Appears in 1 contract

Samples: Collective Agreement

HOLIDAYS AND VACATION PAY. 11.01 All employees who have completed probation shall be entitled to vacation pay equal to five and one-half percent (55.5%) of their total annual gross earnings. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. Employees who have worked for the Employer for five (5) years or more shall receive five and one-half six percent (5.56%) percent of their total gross earnings in vacation pay. Employees who have been employed by the employer for eight (8) years or more shall receive six and one-half seven percent (6.57%) percent of their total gross earnings in vacation pay. Employees who are fulfilling their probationary period shall receive four percent (4%) percent of their gross earnings in vacation pay. The Employer will pay out vacation pay at the employee’s request on the first pay following the date the employee makes the request.

Appears in 1 contract

Samples: Collective Agreement

HOLIDAYS AND VACATION PAY. 11.01 All employees who have completed probation shall be entitled to vacation pay equal to five and one half percent (55.5%) of their total annual gross earnings. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. Employees who have worked for the Employer for five (5) years or more shall receive five and one-half six per cent (5.56 %) percent of their total gross earnings in vacation pay. Employees who have been employed by the employer Employer for eight (8) years or more shall receive six and one-half seven percent (6.57 %) percent of their total gross earnings in vacation pay. Employees who are fulfilling their probationary period shall receive four percent (44 %) percent of their gross earnings in vacation pay. The Employer will pay out vacation pay at the employee’s request on of the first (1st) pay following the date the employee makes the request.

Appears in 1 contract

Samples: Collective Agreement

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HOLIDAYS AND VACATION PAY. 11.01 9.01 All employees who have completed probation shall be entitled to vacation pay equal to five four percent (54%) of their total annual gross earnings. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. Employees who have worked for the Employer for five (5) years or more shall receive five and one-half six (5.56%) percent of their total gross earnings in vacation pay. Employees who have been employed by the employer for eight ten (8) 10) years or more shall receive six and one-half eight (6.58%) percent of their total gross earnings in vacation pay. Employees who are fulfilling their probationary period shall receive four (4) percent of their gross earnings in vacation pay. The Employer will pay out vacation pay at the employee’s request on the first pay following the date the employee makes the request.

Appears in 1 contract

Samples: sp.ltc.gov.on.ca

HOLIDAYS AND VACATION PAY. 11.01 9.01 All employees who have completed probation shall be entitled to vacation pay equal to five four percent (54%) of their total annual gross earnings. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. Employees who have worked for the Employer for five (5) years or more shall receive five and one-half six (5.56%) percent of their total gross earnings in vacation pay. Employees who have been employed by the employer for eight ten (8) 10) years or more shall receive six and one-half eight (6.58%) percent of their total gross earnings in vacation pay. Employees who are fulfilling their probationary period shall receive four (4) percent of their gross earnings in vacation pay. The Employer will pay out vacation pay at the employee’s request on the first pay following the date the employee makes the request.four

Appears in 1 contract

Samples: sp.ltc.gov.on.ca

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