Common use of HOLIDAYS AND VACATION PAY Clause in Contracts

HOLIDAYS AND VACATION PAY. 11.01 All employees shall be entitled to receive an amount equal to ten percent (10%) of their total annual gross earnings in vacation pay and in lieu of statutory holiday pay. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. 11.02 Vacation pay will be paid out to the Employees Trust Fund (ETF), administered from the Union’s Benefit Administration Office. Funds shall be forward to the ETF after each pay period, and they shall be deposited in trust for each employee. 11.03 The Employer will endeavour to grant vacations at the times requested, in the vacation seasons or periods, considering business requirements. The employees shall attempt to schedule holidays in such a way to cause least interference with workloads.

HOLIDAYS AND VACATION PAY. 11.01 9.01 All employees shall be entitled to receive an amount equal to ten percent (10%) of their total annual gross earnings in vacation pay and in lieu of statutory holiday pay. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. 11.02 9.02 Vacation pay will be paid out to the Employees Trust Fund (ETF), administered from the Union’s Benefit Administration Office. Funds shall be forward to the ETF after each pay period, and they shall be deposited in trust for each employee. 11.03 9.03 The Employer will endeavour to grant vacations at the times requested, in the vacation seasons or periods, considering business requirements. The employees shall attempt to schedule holidays in such a way to cause least interference with workloads.

HOLIDAYS AND VACATION PAY. 11.01 All employees shall be entitled to receive an amount equal to ten percent (10%) of their total annual gross earnings in vacation pay and in lieu of statutory holiday pay. For tax purposes, vacation pay shall be taxed over the period of time during which it was earned. 11.02 Vacation pay will be paid out to the Employees Union’s Vacation Pay Trust Fund (ETF)Fund, administered from the Union’s Benefit Administration Office. Funds shall be forward to the ETF Vacation Pay Trust Fund after each pay period, and they shall be deposited in trust for each employee. 11.03 The Employer will endeavour to grant vacations at the times requested, in the vacation seasons or periods, considering business requirements. The employees shall attempt to schedule holidays in such a way to cause least interference with workloads.