Common use of Payment of Vacation Pay Clause in Contracts

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.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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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 CompanyDistrict's present common vacation cut-off or anniversary date method shall be continued unless a change is agreed upon between the Company District and the Local Union. (b) For the purposes 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. (c) On the date when an the 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 percent (1%) of or 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 percent (2%) of his gross earnings between the date of his last anniversary date and the date of the last common cut-off date.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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-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.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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) In the case of a pieceworker, the rate of the employee's regular job will be determined by computing the employee's hourly average earnings for the days actually worked during the pay period immediately preceding the common vacation cut-off date or the employee's anniversary date, as the case may be. d) On the date when an employee completes one (1), two (2), seven (7), fifteen (15), twenty-four (24), or thirty (30) years' years of 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 percent (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 percent (2%) of his gross earnings between the date of his last anniversary date and the date of the last common cut-off date.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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 meth- od 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 ’s anniver- sary date. The Company's ’s present cut-off or anniversary anniver- sary 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 em- ployee’s regular job will be the rate of the employee's ’s regular job at the date of the common vacation cut-off date or the employee's ’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 com- mon 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 employ- ment 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.

Appears in 1 contract

Samples: Collective Agreement

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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.

Appears in 1 contract

Samples: Collective Agreement

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) In the case of a pieceworker, the rate of the employee's regular job will be determined by computing the employee's hourly average earnings for the days actually worked during the pay period immediately preceding the common vacation cut-off date or the employee's anniversary date, as the case may be. (d) 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: (iI) 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.

Appears in 1 contract

Samples: Master Logging Agreement

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