Payment of Vacations Sample Clauses

Payment of Vacations. (a) (i) Current vacation will be paid based upon the greater of either:
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Payment of Vacations. Payment for vacations will be made at the employee's rate of pay at the time the vacation is taken, or depending upon their vacation entitlements, at the rate of 6%, 8%, 10%, 12%, 12.4%, 12.8%, 13.2%, 13.6% or 14% of the employee’s previous vacation year’s gross earnings, whichever is the greater. Adjustments arising out of the percentage application will be made in the first full pay period after March 31st. Notwithstanding the foregoing, deferred and banked vacations will be paid at the employee’s rate of pay at the time the vacation is taken.
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Payment of Vacations a) Payment for vacations will be made at an employee's rate of pay at the time the vacation is taken, or depending upon his/her vacation entitlements, at the rate of 6%, 8%, 10% or 12% of his/her current year's earnings, whichever is the greater. Adjustments arising out of the percentage application will be made in the first quarter of the following year. Notwithstanding the foregoing, banked vacations will be paid at the employee's rate of pay at the time the vacation is taken.
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Payment of Vacations. 21.12 A regular full time employee shall be paid at the basic weekly wage rate for a normal five (5) day work week plus any tour differentials, except that an employee temporarily on a higher assignment shall receive the higher rate if the employee is to return to the higher assignment. However, if an employee has worked on a higher assignment for at least four (4) consecutive weeks immediately preceding the vacation, the employee shall receive vacation payments at the higher rate.
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Payment of Vacations. ‌ Payment for vacations will be made at an employee's regular rate of pay, except if an employee has been working in a higher paid position for a majority of the 60 working days preceding their vacation, in which case they shall receive vacation pay on the basis it was earned. An employee shall not receive cash in lieu of vacation time except upon retirement or termination.
Sample 1
Payment of Vacations. (a) Payment for vacations will be made at an employee’s rate of pay at the time the vacation is taken or, depending upon his/her vacation entitlements, at the rate of 6%, 6.4%, 8%, 10% or 12% of his/her previous year’s earnings, whichever is the greater. Adjustments arising out of the percentage application (i.e. “AV Differential” payment) will be made after the employee has completed his/her vacation for the calendar year. Notwithstanding the foregoing, deferred and banked vacations will be paid at the employee’s rate of pay at the time the vacation is taken. AV Differential will be calculated per the above and using only regular earnings, time bank usage, and overtime earnings. All other earnings codes will be removed from the calculation.
Sample 1
Payment of Vacations. Annual vacations shall be paid before an employee leaves on vacation, with his last pay, and shall be in proportion to the vacation period taken, on condition that he requests this at the time he chooses his vacation.
Sample 1
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Payment of Vacations a) Provided an employee has not triggered a pro-ration under 14.08, payment for vacations will be made at an employee's rate of pay at the time the vacation is taken, or depending upon their vacation entitlements, at the rate of 6%, 8%, 10% or 12% of their current year's earnings, whichever is the greater.
Sample 1

Related to Payment of Vacations

  • Time of Vacation (a) All vacation earned during one (1) vacation year shall be taken during the next following vacation year at a mutually agreeable time.

  • Accumulation of Vacation Leave An employee who has earned at least ten (10) days' pay for each calendar month of a vacation year shall earn vacation leave of:

  • Use of Vacation 23.2.2.1 Academic staff members may use vacation at times approved by the Xxxx which shall not interfere with the operation of the College. Except under unusual circumstances, members shall not be permitted to use vacation during a period of time when they are engaged in the instructional process, including the supervision and grading of exams. Notwithstanding the aforementioned provision, a member may use the maximum entitlement at any one time.

  • ANNUAL VACATIONS Vacation entitlement earned during previous employment shall be credited to the employee, and vacations granted shall be in accordance with such previous entitlement (Articles 28.01 and 28.02).

  • Payment of VAT Where any taxable supply for VAT purposes is made under or in connection with this contract by one party to the other the payer shall, in addition to any payment required for that supply, pay such VAT as is chargeable in respect of it.

  • Calculation of Vacation Pay Vacation pay shall be at the rate effective immediately prior to the vacation period. However, should any salary increase become effective during the employee's vacation period, he/she shall receive the benefit of such increase from the effective date.

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Benefit Plan. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

  • VACATIONS AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Pension, Health Benefit Plan, Education and Assistance Fund and Industry Fund. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

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