Pro rata accrual rate Sample Clauses

Pro rata accrual rate. A full time weekly employee shall be entitled to 10 days of personal leave per year. Personal leave shall accrue on a progressive basis throughout a year of service according to the employee’s ordinary hours of work. A part-time employee’s benefit shall be calculated in line with the ratio that his/her weekly average ordinary hours bears to 38 hours. Personal leave accumulates from year to year
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Pro rata accrual rate. A full time weekly employee shall be entitled to the amount of paid personal leave as set out in the table below for each of the establishment’s common personal leave years worked by the employee. The entitlement is prescribed on the basis of a pro rata amount for each 4 week period of service as follows: Period of service Personal leave hours 1st. 4 weeks 5.846 2nd. 4 weeks 11.692 3rd. 4 weeks 17.538 4th. 4 weeks 23.384 5th. 4 weeks 29.23 6th. 4 weeks 35.076 7th. 4 weeks 40.922 8th. 4 weeks 46.768 9th. 4 weeks 52.614 10th. 4 weeks 58.46 11th. 4 weeks 64.306 12th. 4 weeks 70.152 1 year 76

Related to Pro rata accrual rate

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached. Annual Rate of Vacation Accumulation Maximum 80 hours 240 hours 120 hours 360 hours 160 hours 480 hours 180 hours 540 hours 200 hours 600 hours 240 hours 720 hours

  • Pro Rata Payments Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same oRering, based on the Principal Amount of each such Note. If a Holder receives a payment in excess of his, her, or its pro rata share, the excess shall be deemed to be held in trust for the benefit of other Holders.

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