Method of Calculating Vacation Pay Sample Clauses

Method of Calculating Vacation Pay. Vacation pay for each week of vacation for hourly- rated employees shall be the normal weekly hours at the regular hourly rate, provided that this amount will be reduced by one fifty- second (1/52nd) for each week of absence except absences which are: 1) With permission up to 30 days annually; 2) Due to sickness up to 30 days annually or such longer periods as an employee may be entitled to Employment Insurance sickness benefits; 3) Up to six months due to a compensable accident.
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Method of Calculating Vacation Pay. Vacation pay for each week of vacation (excluding vacation pay for first vacation under 21.02) for employees will be the greater of 2.1% of the previous years earnings as reported on the employee's T-4 slips or the normal weekly hours at the regular straight time rate (exclusive of shift or other premiums) reduced by one fifty-second (1/52nd) for each week of absence,excepting absences which are: i. Up to 30 days annually due to lay-off, leave of absence other than injury or sickness (in which case only the three (3) day waiting period is included),or work stoppage beyond the Company's control. ii. Due to sickness for any period that the employee is entitled to receive sick pay under Schedule B. iii. Up to a maximum of thirty (30) weeks due to any one disability covered by Workers’ Compensation. Employees on lay-off, maternity leave or Long Term Disability, whose vacation pay is adjusted as a result of this provision, will nevertheless be entitled to vacation time off in accordance with the vacation scale.
Method of Calculating Vacation Pay. Vacation pay for each week of vacation shall be calculated as follows: Two percent (2%) of the employee’s previous year’s earnings, exclusive of allowances, or forty (40) hours pay at the employee's regular rate, whichever is the greater, for each week of eligible vacation. Vacation payouts will be paid out in equal installments over the entitlement.
Method of Calculating Vacation Pay. Vacation pay for each week of vacation employees shall be the normal hours at the rate, provided that this amount will be reduced by one for each week of absence excepting absences which are:
Method of Calculating Vacation Pay lst Year - Calculated at four percent (4%) of earnings between date of hiring and December 31st of the same year, but not payable until reaching first anniversary date.
Method of Calculating Vacation Pay. Vacation pay for each week of vacation for hourly rated employees shall be the normal weekly hours at the regular hourly rate, providing that this amount will be reduced by one fifty-second (1/52nd) for each week of absence excepting absences which are: 1. With permission up to thirty (30) working days annually. 2. Due to sickness up to thirty (30) working days annually or such longer periods as an employee may be entitled to receive sick pay under the Company's Sick Pay Plan, and 3. Up to one year due to compensable accident. 4. Leave of absence for union business as stipulated in Article 9.15.

Related to Method of Calculating Vacation Pay

  • Vacation Pay Paid Union leaves. All other payments, premiums, allowances etc. are excluded.

  • Callback from Vacation ‌ (a) Employees who have commenced their annual vacation shall not be called back to work, except in cases of extreme emergency. (b) When, during any vacation period, an employee is recalled to duty, he/she shall be reimbursed for all reasonable expenses incurred by himself/herself, in proceeding to his/her place of duty and in returning to the place from which he/she was recalled upon resumption of vacation, upon submission of receipts to the Employer. (c) Time necessary for travel in returning to his/her place of duty and returning again to the place from which he/she was recalled shall not be counted against his/her remaining vacation time.

  • Call Back From Vacation (a) Employees who have commenced their annual vacation shall not be called back to work, except in cases of extreme emergency. (b) When, during any vacation period, an employee is recalled to duty, he/she shall be reimbursed for all expenses incurred thereby by himself/herself, in proceeding to his/her place of duty and in returning to the place from which he/she was recalled upon resumption of vacation, upon submission of receipts (except for meals) to the Employer. (c) Time necessary for travel in returning to his/her place of duty and returning again to the place from which he/she was recalled shall not be counted against his/her remaining vacation entitlement.

  • VACATION AND VACATION PAY 18.01 Full-time Employees Full-time employees shall be entitled to vacation according to the following schedule: Period Worked (Yrs) Time Off Vacation Pay Less than 1 1 week 4% 1 but less than 3 2 weeks 4% 3 but less than 5 3 weeks 6% 5 but less than 8 4 weeks 6% 8 but less than 15 4 weeks 8% 15 but less than 23 5 weeks 10% 23 but less than 28 6 weeks 12% 28 years or more 7 weeks 14% No time off will be given to an employee for vacation unless such employee has completed a minimum of six (6) calendar months of service. Such time off will not take away the employee’s right to vacation pay. 18.02 Part-Time Employees Part-time employees shall be entitled to vacation with eligibility determined on the basis of 1950 hours equalling one (1) year of service. Part-time employees shall be entitled to vacation according to the following schedule: Period Worked (Yrs) Time Off Vacation Pay Less than 1 1 week 4% 1 but less than 3 2 weeks 4% 3 but less than 5 3 weeks 6% 5 but less than 8 4 weeks 6% 8 but less than 15 4 weeks 8% 15 but less than 23 5 weeks 10% 23 but less than 28 6 weeks 12% 28 years or more 7 weeks 14% 18.03 The date to determine the “period worked” for full time employees is the employee’s last hiring date. 18.04 Vacation pay is calculated at the applicable percentage as indicated in Article 18.01 and the definition of “gross earnings” in the previous vacation year. The definition of “gross earnings” shall be interpreted to mean: Any monies paid directly to an employee by the Employer for hours worked and paid and not worked but paid for by the Employer to the employee, within the vacation year. 18.05 On January of each year the Employer shall post a blank vacation schedule sheet. Between January 1 and April 1 each employee shall have the right to indicate on this sheet the time during which she prefers to take her vacation. a. The completed vacation schedule shall be determined, if possible, in discussions between the Employer and the Union Stewards between April 1 and April 30. The guiding factors shall be seniority and family circumstances. Whenever a conflict arises that cannot be settled amicably, the dispute shall be resolved by the Employer. b. It is general practice not to allow employees to take vacation from December 15th through January 15th due to the three named holidays and increased family and resident expectations during that time period. Notwithstanding this position, requests on an individual basis will be considered, providing operational scheduling and holiday commitments can be met. a. Consistent with the provisions of the Employment Standards Act, employees shall take not less than three (3) weeks of their vacation in segments which are at least one (1) week in duration. b. Nevertheless, if an employee is entitled to more than three

  • Scheduling Vacations Vacations are to be scheduled in advance and taken at such reasonable times as approved by the employee's department with particular regard to the needs of the Employer, seniority of employee, and, insofar as practicable, with regard to the wishes of the employee. No vacation shall be assigned by the Employer or deducted from the employee's account as disciplinary action.

  • Part-time Vacation Pay If the Employer currently has the computer systems’ capability to implement bi- weekly vacation pay, they shall do so by the start of the next vacation year or earlier. Those Employers with no computer capability will endeavour to implement bi- weekly vacation pay if there is no significant administrative burden, by the start of the next vacation year or earlier. If the Employer does not so implement, it will provide reasons in writing to the Union. Where possible without extensive programming changes, the amount of vacation pay will be separately identified on the pay stub.

  • Vacation Buy Back Employees shall have the option of requesting pay in lieu of time off up to a maximum of 144 hours of vacation time each year, during each year of the contract in increments of eight (8) hrs. Such requests are subject to the approval of the department head and the availability of funds.

  • Vacation Selection Employees who have not selected their vacation periods by November 15th shall not be entitled later to select vacation periods by seniority. Employees who do not select all of their vacation entitlements on the calendar shall be allowed to schedule vacation at a later date, provided that this selection does not affect the scheduled vacations of other employees.

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