Payment of Vacation Pay Sample Clauses

Payment of Vacation Pay. (a) The calculation and comparison of the vacation pay amounts developed by the percentage of gross wages method and the hours times the regular job rate method will be completed and the greater amount paid to the employee within fourteen (14) days of the common vacation pay cut-off date or the employee's anniversary date. The Company's present cut-off or anniversary date method shall be continued unless a change is agreed upon between the Company and the Local Union. (b) For the purposes of this Article, the rate of the employee's regular job will be the rate of the employee's regular job at the date of the common vacation cut-off date or the employee's anniversary date, as the case may be. (c) On the date when an employee completes one (1), two (2), seven (7), fifteen (15), twenty-four (24), or thirty (30) years' service and where there is a common cut-off date for all employees in the operation, the employee will receive: (i) In the case of one (1) year, one per cent (1%) of his gross earnings between the date of employment and the date of the last common cut-off date; (ii) In the case of two (2) ,seven (7), fifteen (15), twenty-four (24), or thirty (30) years, two per cent (2%) of his gross earnings between the date of his last anniversary date and the date of the last common cut-off date.
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Payment of Vacation Pay. (a) An employee who leaves the employ of the Employer shall be paid any vacation pay entitlement which had not been previously paid to the employee prior to the date his/her employment is terminated. (b) An employee who is laid off by the Employer shall choose to be paid any vacation pay entitlement, which had not been previously paid to the employee prior to the date of his/her layoff from employment, at one of the following two times: (i) at the time of his/her layoff, provided that the employee has given the Employer two (2) weeks advance notice in writing, or (ii) on the pay day closest to December 15th. An employee who fails to choose one of the above two options shall be provided his/her outstanding vacation pay pursuant to (ii) above.
Payment of Vacation Pay. Part time employee’s vacation pay will be paid out in a lump sum once a year the first full pay period in July. Vacation pay will be included on the regular pay cheque of the first full pay period in July. The Hospital will endeavour to have the percentage indicated on the pay stubs.
Payment of Vacation Pay. Part-time employee’s vacation pay shall be paid to all part-time employees on the pay cheque during the employee's scheduled vacation. If a part time employee does not use all of their vacation entitlements by their anniversary date, the Employer will pay out all remaining vacation entitlements owed to them for that year on the following paycheque.
Payment of Vacation Pay. (a) The Employer shall pay the Employee’s Annual Vacation Pay on a separate cheque. Such payment shall be made at the end of each calendar year, on layoff or termination and shall be based on the Employee’s earnings during that calendar year. (b) When an Employee’s employment is terminated, for any cause whatsoever, they shall receive vacation pay based on the appropriate percentage of earnings to the date of termination.
Payment of Vacation Pay. The Company shall pay the Employee’s Annual Vacation Pay, based on the applicable percentage rate of the Employee’s gross earnings. Such payment shall be made each pay period.
Payment of Vacation Pay. The vacation supplement of 0.8% is paid out together with the salary when the vacation is taken or immediately following it. The vacation supplement of 0.5% is paid out no later than the end of the vacation year.
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Payment of Vacation Pay. 1. The amount of vacation pay to be received by an Employee in accordance with the benefits noted herein shall be determined by the per diem salary of the Employee at the time the vacation benefits are utilized. (Such per diem salary shall not include any overtime pay or other monetary benefits but shall be calculated on the salary schedule of such Employee at the time.) 2. Vacation pay shall be paid to the Employee (in addition to his/her regular earnings) during the pay period prior to the beginning of his/her declared vacation period. 3. If an Employee should die without utilizing the vacation benefits to which he/she would have been fully entitled, his personal representative shall receive the vacation pay amount representing such unused benefits.
Payment of Vacation Pay. (a) The calculation and comparison of the vacation pay amounts developed by the percentage method of gross wages method and the hours times the regular job rate method will be completed and the greater amount paid to the employee within fourteen (14) days of the common vacation pay cut-off date or the employee’s anniversary date. The Company’s present cut-off or anniversary date method shall be continued unless a change is agreed upon between the Company and the Local Union. (b) For the purpose of this Article, the rate of the employee’s regular job will be the rate of the employee’s regular job at the date of the common vacation cut-off date or the employee’s anniversary date, as the case may be.
Payment of Vacation Pay. The rate of vacation pay shall be the employee's regular straight time rate of pay in effect for the employee's regular job on the pay day immediately preceding the employee's vacation. Vacation pay shall be paid at the last pay period prior to the start of the employee's vacation.
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