Common use of Longevity Vacation Leave Clause in Contracts

Longevity Vacation Leave. As provided in the Vacation Accrual Schedule in Section 4 of this Article, employees with five (5) years or more of service begin to accrue leave at the higher rate on the anniversary date of their employment. For example, an employee whose anniversary date is May 8th and accrues vacation leave at the rate of .05775 per hour and begins to accrue at the rate of .06163, as of May 8th and five (5) years service; at the hourly rate of .06550 beginning May 8th and six (6) years service, and so on, to a maximum hourly rate of .09625, beginning May 8th and 14 or more years service.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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