Period Worked Time Off Vacation Pay Sample Clauses

Period Worked Time Off Vacation Pay. Less than 1 yr 2 weeks 4% 1 yr but less than 5 yrs 2 weeks 4% 5 yrs but less than 9 yrs 3 weeks 6%
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Period Worked Time Off Vacation Pay. Less than 1 year 2 weeks 4%
Period Worked Time Off Vacation Pay. Less than 1 year 1 week 4% 1 year but less than 4 years 2 weeks 4% 4 years but less than 7 years 3 weeks 6% 7 years but less than 10 years 4 weeks 8% 10 years but less than 25 years 5 weeks 10% 25 years or more 6 weeks 12% For part-time employees and full-time employees working less than five (5) shifts per week, a week of vacation is calculated as the greater of:
Period Worked Time Off Vacation Pay. Less than 1 year 1 week 4% 1 year but less than 4 years 2 weeks 4% 4 years but less than 7 years 3 weeks 6% 7 years but less than 10 years 4 weeks 8% 10 years but less than 25 years 5 weeks 10% 25 years or more 6 weeks 12% Effective the two-thousand and twenty (2020) vacation year the quantum for vacations shall be amended from 6 weeks after 25 years to 6 weeks after 24 years. For part-time employees and full-time employees working less than five (5) shifts per week, a week of vacation is calculated as the greater of:
Period Worked Time Off Vacation Pay. Less than 1 year 1 day/month 4% of gross earnings (to a max. of 10 days) 1 yr. But less than 3 yrs. 2 weeks at their current rate 3 yrs. But less than 8 yrs. 3 weeks at their current rate 8 yrs. But less than 15 yrs. 4 weeks at their current rate 15 yrs. But less than 22 yrs. 5 weeks at their current rate 22 yrs. But less than 28 yrs. 6 weeks at their current rate 28 years or more 7 weeks at their current rate Changes in vacation pay and entitlement shall be effective on the first full payroll following the date the improvement continues.
Period Worked Time Off Vacation Pay. Less than 1 year 2 weeks 4% 1 yr but less than 5 yrs 2 weeks 4% 5 yrs but less than 9 yrs 3 weeks 6% 10 yrs but less than 14 yrs 4 weeks 8% Vacation pay shall be based on annual gross earnings. A week for the purpose of vacation entitlement is understood to mean a set number of days and hours equivalent to an employee’s regular working schedule averaged over the two (2) week pay period less call-ins and overtime.

Related to Period Worked Time Off Vacation Pay

  • Part-time Vacation Pay If the Employer currently has the computer systems’ capability to implement bi- weekly vacation pay, they shall do so by the start of the next vacation year or earlier. Those Employers with no computer capability will endeavour to implement bi- weekly vacation pay if there is no significant administrative burden, by the start of the next vacation year or earlier. If the Employer does not so implement, it will provide reasons in writing to the Union. Where possible without extensive programming changes, the amount of vacation pay will be separately identified on the pay stub.

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to paid vacation in accordance with the Company’s vacation policies, as in effect from time to time. The Executive shall receive other paid time-off in accordance with applicable law and the Company’s policies for executive officers as such policies may exist from time to time.

  • Vacation Pay Paid Union leaves. All other payments, premiums, allowances etc. are excluded.

  • 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. a. Employees shall, upon hire, receive ten percent (10%) vacation pay, and up to three weeks of vacation. b. Employees with ten or more years of service with the Employer shall receive twelve percent (12%) vacation pay, and up to four weeks of vacation. 9.02 Vacation periods shall be arranged by mutual agreement between the Employer and each employee. Employees shall be granted their vacation periods as requested insofar as it is practical and in accordance with seniority, unless the Employer decides to grant all vacations at one time, in which case the Employer shall give the employees at least six (6) weeks advance notice. 9.03 The Employer agrees to remit the Vacation Pay of each employee as agreed upon in 9.01 of this Agreement and in accordance with the regulation set by the Employment Standards Branch, Ministry of Labour, monthly before, but not later than the fifteenth of the following month to the Union using a separate cheque marked "Vacation Pay", accompanied by a list on which all deductions and contributions as mentioned in 6.01, 13.02, 14.02a, 14.02b, 18.01, 19.01 and Schedule "A" are recorded. 9.04 In accordance with the agreement with the Employment Standards Branch, Ministry of Labour, the Board of Trustees of the Union's Vacation Pay Trust Fund, is obligated to take any steps which may be available to them either in law or in equity or in bankruptcy as may be necessary or desirable to effect collection from delinquent Employers. All costs incurred in the collection of said payment will be charged to such defaulting Employer. 9.05 The Employer agrees to give the auditor of the Union's Trust Fund the privilege to examine the Employer's records concerning hours and monies forwarded to the Union, if and when the auditor so desires. Any date for such an examination will be pre-arranged in writing between the auditor, the Employer and the Union.

  • Vacation Payout Where an employee requests in writing to have a specific number of vacation days paid out, and the Employer agrees to the request, the Employer will issue pay in lieu of vacation. Pay in lieu of vacation, if agreed, will be granted only after a minimum of 15 days' vacation time has already been taken in the year.

  • Paid Time Off (PTO) During the Term, Executive shall be entitled to paid time off in accordance with Company’s policy in place from time to time; provided, however, that Executive shall be eligible to accrue no less than twenty (20) days per calendar year (with such amount prorated for the balance of 2017).

  • Paid Time Off The Executive shall be entitled to take paid time off in accordance with the Company’s applicable paid time off policy for executives, as may be in effect from time to time.

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year

  • Prime Time Vacation Period Subject to the provisions of this article, it is the intent of the parties that no employee will be restricted in the time of year they choose to take their vacation. The Employer will make every effort to allow employees to take their vacation during the period of April 15th to October 15th inclusive, which will be defined as the prime time vacation period.

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.

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