Common use of Long Service Vacation Bonus Clause in Contracts

Long Service Vacation Bonus. Those employees who have reached the milestone of fifteen (15) years’ service with the Employer shall be rewarded, at the beginning of the next fiscal year, with a bonus of five (5) additional vacation days. This vacation shall be used within that fiscal year, and is not accumulative. Employees working less than full time hours shall receive a pro-rated benefit. Employees reaching twenty (20), twenty-five (25), thirty (30), and thirty- five (35) years’ service shall be similarly offered a bonus.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Long Service Vacation Bonus. Those employees who have reached the milestone In recognition of fifteen length of service, each full-time employee shall receive one (15) years’ service with the Employer shall be rewarded, at the beginning of the next fiscal year, with a bonus of five (51) additional week of vacation (5 days. This vacation shall be used within that fiscal year, and is not accumulative. Employees working less than full time hours shall receive a pro-rated benefit. Employees reaching twenty (20), ) on completion of twenty-five (25), thirty (30)) years of continuous service, and thirty- on each subsequent fifth (5th) (i.e. 30th, 35th, 40th, etc.) anniversary of employment. The additional five (355) years’ service days shall be similarly offered granted in the vacation year in which the anniversary date falls and are not cumulative. Part-time employees shall be entitled to a bonuspro-rata portion of this benefit.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Long Service Vacation Bonus. Those employees who have reached the milestone of fifteen (15) years’ years service with the Employer shall be rewarded, at the beginning of the next fiscal year, with a bonus of five (5) additional vacation days. This vacation shall be used within that fiscal year, and is not accumulative. Employees working less than full time hours shall receive a pro-rated benefit. Employees reaching twenty (20), twenty-five (25), thirty (30), and thirty- thirty-five (35) years’ years service shall be similarly offered a bonus.

Appears in 1 contract

Samples: www.sgeu.org

Long Service Vacation Bonus. Those employees who have reached the milestone In recognition of fifteen length of service, each full-time employee shall receive one (151) years’ service with the Employer shall be rewardedadditional week of vacation (5 days) on completion of twenty- five (25) years of continuous service, at the beginning and on each subsequent fifth (5th) (i.e. 30th, 35th, 40th, etc.) anniversary of the next fiscal year, with a bonus of employment. The additional five (5) additional vacation days. This vacation days shall be used within that fiscal year, granted in the vacation year in which the anniversary date falls and is are not accumulativecumulative. Employees working less than full Part-time hours employees shall receive be entitled to a pro-rated rata portion of this benefit. Employees reaching twenty (20), twenty-five (25), thirty (30), and thirty- five (35) years’ service shall be similarly offered a bonus.

Appears in 1 contract

Samples: Collective Agreement

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Long Service Vacation Bonus. Those employees who have reached the milestone of fifteen (15) years’ years service with the Employer shall be rewarded, at the beginning of the next fiscal year, with a bonus of five (5) additional vacation days. This vacation shall be used within that fiscal year, and is not accumulative. Employees working less than full time hours shall receive a pro-rated benefit. Employees reaching twenty (20), twenty-five (25), thirty (30), and thirty- five (35) years’ years service shall be similarly offered a bonus.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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