Common use of Payment of Vacations Clause in Contracts

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.

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 their vacation entitlements, at the rate of 6%, 8%, 10% or 12% of his/her their 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.

Payment of Vacations. (a) Payment for vacations will be made at an employee's rate of pay at the time the vacation is takentaken or, or depending upon his/her his vacation entitlements, at the rate of 6%, 8%, 10% or 12% of his/her current his previous year's earnings, whichever is the greater. Adjustments arising out of the percentage application will be made in after the first quarter of employee has completed his vacation for the following calendar year. Notwithstanding the foregoing, deferred and banked vacations vacation will be paid at the employee's rate of pay at the time the vacation is taken.

Payment of Vacations. (a) Payment for vacations will be made at an employee's rate of pay at the time the vacation is takentaken or, or depending upon his/her vacation entitlements, at the rate of 6%, 6.4%, 8%, 10% or 12% of his/her current year's previous years earnings, whichever is the greater. Adjustments arising out of the percentage application will be made in after the first quarter of employee has completed his/her vacation for the following 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.

Payment of Vacations. (a) Payment for vacations will be made at an employee's rate of pay at the time the vacation is takentaken or, or depending upon his/her their vacation entitlements, at the rate of 6%, 8%, 10% or 12% of his/her current their previous year's earnings, whichever is the greater. Adjustments arising out of the percentage application will be made in after the first quarter of employee has completed their vacation for the following calendar year. Notwithstanding the foregoing, deferred and banked vacations vacation will be paid at the employee's rate of pay at the time the vacation is taken.