Common use of Method of Calculating Vacation Pay Clause in Contracts

Method of Calculating Vacation Pay. Vacation pay for each week of vacation for employees shall be the normal weekly hours at the regular rate, provided 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 30 days annually. (2) Due to sickness up to 30 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.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

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-fifty- second (1/52nd) for each week of absence excepting 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 receive sick pay under the Company's Sick Pay Plan, andEmployment Insurance sickness benefits; (3) Up to one year six months due to a compensable accident.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Method of Calculating Vacation Pay. Vacation pay for each week of vacation for employees shall be calculated as follows: Two percent (2%) of the normal weekly employee’s previous year’s earnings, exclusive of allowances, or forty (40) hours of pay at the employee’s regular rate, provided that this amount will be reduced by one fifty-second (1/52nd) whichever is greater, for each week of absence excepting absences which are: eligible vacation. Subject to legislation, employees who have not worked a minimum of six (16) With permission up to 30 days annuallymonths in the twelve (12) month period shall be paid vacation pay based on the percentage. (2) Due to sickness up to 30 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.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Method of Calculating Vacation Pay. Vacation pay for each week of vacation for employees shall be the normal weekly hours at the regular rate, provided that this amount will be reduced by one fifty-second (1/52nd) for each week of absence excepting absences which are: (1i) With permission up to 30 thirty (30) days annually. (2ii) Due to sickness up to 30 thirty (30) days annually or such longer periods as an employee may be entitled to receive sick pay under the Company's ’s Sick Pay Plan, and (3iii) Up to one year due to compensable accident.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

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 excepting 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 receive sick pay under the Company's ’s Sick Pay Plan, ; and (3) Up to one year six months due to a compensable accident.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!