Length of Vacation and Vacation Sample Clauses

Length of Vacation and Vacation. Pay Formula: All vacation is based on continuous employment. Seniority is based on an employee’s hire date. Transition from part time to full time, a change in contractors as a result of a building changing contractors, and layoffs, shall not result in a break in calculation of continuous employment for the purpose of determining an employee’s seniority. Vacation is calculated (and accrued) on January 1st of each calendar year, based on hours paid during the previous calendar year, according to the following schedule: SENIORITY VACATION ACCRUAL RATE Less than 1 Year .0192 hours per hour paid*
Sample 1
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Length of Vacation and Vacation. Pay Formula: All vacation is based on continuous employment. Seniority is based on an employee’s hire date. Transition from part time to full time, a change in contractors as a result of a building changing contractors, and layoffs, shall not result in a break in calculation of continuous employment for the purpose of determining an employee’s seniority. Vacation is calculated (and accrued) on January 1st of each calendar year, based on hours paid during the previous calendar year, according to the following schedule: SENIORITY VACATION ACCRUAL RATE Less than 1 year .0192 hours per hour paid 1­5 Years .0385 hours per hour paid 6­10 Years .0577 hours per hour paid 11­19 Years .0769 hours per hour paid 20+ Years .0962 hours per hour paid *For these calculations, the following applies: ­ hours paid excludes overtime, and includes paid sick days, holidays and vacation days. ­ seniority is based on the employee’s date of hire ­ a change in status (from full time to part time and vice­versa) does not constitute a break in employment ­ all vacation accruals shall be rounded up to the nearest hour ­ the employee’s accrual rate as of January 1st shall be used to calculate the entire vacation award Vacation accruals shall be subject to the following maximums:
Sample 1

Related to Length of Vacation and Vacation

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Benefit Plan. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

  • Length of Vacation 12.01 Annual vacations with pay shall be granted to employees as follows:

  • HOLIDAYS AND VACATION Executive shall be eligible for paid holiday and vacation time in accordance with Company policy as in effect from time to time and made available to Company’s senior management employees.

  • VACATIONS AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Pension, Health Benefit Plan, Education and Assistance Fund and Industry Fund. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no longer than the fiscal year immediately following the fiscal year in which it is earned.

  • Split Vacations Where an employee wishes to split her vacation, her second choice of vacation time shall be made only after all other employees concerned have made their initial selection.

  • Weeks Vacation Subject to Article 17.08 and Article 17.01 (a) (ii), employees shall be entitled to take five (5) weeks vacation leave with pay during the first and subsequent complete fiscal years following the date in which they complete fourteen (14) years of service. Such leave shall be earned at the rate of two and one-twelfth (2 1/12) days for each completed calendar month of service.

  • HOLIDAYS AND VACATIONS If work is performed on Buyer's premises, Buyer shall not be obligated to make any payments to Seller for days designated by Buyer as holidays or shutdown periods, except for work specifically authorized in writing by Xxxxx's Authorized Procurement Representative and performed by Seller on such days.

  • ANNUAL VACATIONS Vacation entitlement earned during previous employment shall be credited to the employee, and vacations granted shall be in accordance with such previous entitlement (Articles 28.01 and 28.02).

  • Annual Vacation Auxiliary employees will be entitled to receive annual vacation at the rate of four percent (4%) of their regular earnings. After one thousand (1,000) days worked, auxiliary employees will be entitled to receive annual vacation at the rate of six percent (6%) of their regular earnings.

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