PAID VACATION TIME Clause Samples
The Paid Vacation Time clause establishes an employee's entitlement to take a specified number of days off from work each year while still receiving their regular pay. Typically, this clause outlines how vacation days are accrued, any eligibility requirements, and the process for requesting and scheduling time off. By clearly defining paid leave benefits, the clause ensures employees can plan personal time away from work without financial penalty, while also helping employers manage staffing and maintain workplace productivity.
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PAID VACATION TIME. Executive shall be entitled to 4 weeks paid vacation time per year in accordance with the Company's vacation time policy.
PAID VACATION TIME. Regular Full-Time Employees will be provided with leave to promote their own well-being. Employees will be encouraged to freely use their allotted leave, which prevents burnout and promotes mental and physical health, a well-rested and resilient workforce, and collegiality among colleagues.
PAID VACATION TIME. Length of Service Accrual per month, accrued on the first pay period of the month Maximum Annual Accrual Maximum Accrual Cap employee who has the most seniority. However, a more junior employee who already has an approved vacation date will not be bumped by a more senior employee. Employees classified as exempt may take vacation in 2-hour increments. Nonexempt employees should record their absences in exact time increments to the quarter hour (e.g., 1.5 hours, 6 hours, 2.75 hours). Pay for vacation days will be paid on the regular pay cycle. Vacation is not considered hours worked when calculating overtime hours. If a planned vacation has to be canceled due to the needs of Groundswell Fund and the employee is unable to reschedule the vacation within the year, Groundswell Fund reserves the option of paying the employee in lieu of taking the canceled vacation or to allow rescheduling of that vacation. While vacation is accrued through TriNet, vacation pay out is solely a Groundswell Fund policy. Groundswell Fund pays all accrued but unused vacation pay when an employee leaves the Organization at the hourly or salary rate of pay in effect upon separation. If the employee separates employment and has taken vacation prior to actual accrual, the employee agrees to repay Groundswell Fund any such amounts.
PAID VACATION TIME. Four weeks per calendar year. (Unused vacation time may not be carried over from year to year unless approved by the Company in writing or permitted by Company policy.)
PAID VACATION TIME. Employees may utilize available Paid Personal Leave under Article VII of this Agreement for vacation purposes.
PAID VACATION TIME. Two (2) weeks paid vacation per year unless otherwise indicated in the individual employee's employment agreement.
PAID VACATION TIME. Executive shall accrue paid vacation benefits during the Employment Period in accordance with the vacation policies of the Corporation applicable to executives and may take his accrued vacation at such times as are mutually convenient to Executive and the Corporation.
PAID VACATION TIME. Full Time Employed less than 6 mos - 1 week Employed less than 1 year - 2 weeks Employed less than 5 years - 3 weeks Part Time Pro-rated based on hours worked
PAID VACATION TIME. Executive is entitled to at least twenty (20) working days of paid vacation time each year, which for calendar year 2001 accrued in its entirety on January 1, 2001 and which shall accrue in its entirety on each January 1 of each year thereafter and shall be taken in accordance with the Company's vacation policy or as agreed by the Board. The Executive will be allowed to "roll over" up to seven (7) days of his accrued, unused vacation time to the next year, at his election.
PAID VACATION TIME a) Baker ▇▇▇▇l be entitled to twenty (20) weekdays of Paid Vacation Time during each contract year, for which he shall receive his Monthly Base Salary.
b) Unused Paid Vacation Time will be converted to salary on the last day of each February and paid by FCR on or before the fifteenth (15th) day of the next month.