Pro Rata Vacation Sample Clauses

Pro Rata Vacation. Part-time employees hired on or before the date of ratification of this Agreement and full-time employees who quit or are terminated for any reason after nine (9) months shall receive pro rata vacation pay.
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Pro Rata Vacation. An employee shall be eligible for pro rata vacation if: 1. The employee did not have twelve (12) months of continuous service in the preceding calendar year and is on the payroll as of January 1 of the current calendar year: or 2. The employee was separated from employment, other than for cause, during a calendar year in which the employee did not have twelve (12) months of continuous service. The amount of pro rata vacation is determined by dividing the number of months of continuous service the full-time employee worked in the previous/current calendar year, whichever is applicable, by twelve (12): the resulting figure is multiplied by the amount of paid vacation for which the employee is eligible in Section 7.1 above. Any fraction is rounded off to the nearest whole number of days. Employees separated from employment, other than for cause, will be paid on a supplemental payroll as soon as practicable following the last day worked. Part-time employees who work at least eighty (80) hours per month earn vacation on a pro rata basis calculated in accordance with the formula used by the Employer in accordance with past practice.
Pro Rata Vacation. For the purpose of computing vacation hours an officer shall earn one-twelfth (1/12) of his vacation hours for each month of service during the twelve month period preceding January 1 of each year. Each month in which an officer works fifteen (15) days shall be considered a month of service. Officers who are discharged prior to taking their vacation shall not forfeit any right to vacation or vacation hours. Vacation time shall normally be taken in the calendar year in which the vacation falls or it is forfeited. Officers shall have the right to carry over forty (40) hours of their vacation hours each year but the total accumulated carried over vacation hours shall not exceed one-hundred and twenty (120) hours. Such accrued or carried over vacation hours must be recorded separately from an officer's entitlement to regular overtime/compensation time.
Pro Rata Vacation. An employee who has worked and/or is credited with a minimum of five hundred (500) hours but less than one thousand (1000) hours from his date of hire until January 1st, who is laid off or leaves the employ of the Company for any reason, shall receive a pro rata vacation allowance based on the worked and credited hours, using such hours as the numerator and one thousand (1000) as the denominator as provided in the above schedules.
Pro Rata Vacation. An employee who completed one (1) year or more service from the date of employment, upon being discharged, or voluntarily leaving the service of the employer shall not only receive his/her vacation pay if he/she has acquired two, three, or four weeks, but shall also receive a pro-rata share of the extra months he/she may have coming which shall be figured by months. Fifteen (15) calendar days or more shall be counted. Anniversary date shall be used in computing pro-rata vacation. If an employee is terminated during any anniversary year, the employee will be entitled to a pro-rata share of vacation based on the employee’s next anniversary date. Anniversary date shall be used in computing pro-rata vacation. For example: “Employees severing their service with the employer who have not attained the 60% full vacation qualifications specified in this vacation Article, shall receive vacation pro-rata based on the following schedule”. After 1 year of service: the pro-rata share shall be 6 ⅔ hours vacation pay for each month. After 5 years of service: the pro-rata share shall be 6 ⅔ hours vacation pay for each month. After 12 years of service: the pro-rata share shall be 10 hours vacation pay for each month. After 15 years of service: the pro-rata share shall be 10 hours of vacation pay for each month. A new employee who complete six months, but less than one year of service, and is laid-off, shall receive a pro-rata share of vacation based on 6 ⅔ hours for each month employed.
Pro Rata Vacation. Any employee who quits or is terminated for any reason after nine (9) months shall receive pro rata vacation pay. Vacation shall be paid at 1/52nd of the earnings from the previous year’s W2 form or forty (40) hours, whichever is greater. The employees shall not be required to work the weekend b before or after vacation unless they choose. The employee shall be totally responsible to make his option known to the company in writing prior to vacation.
Pro Rata Vacation. For employees hired before January 1, 2016, for the purpose of computing vacation pay, an employee shall earn one-twelfth (1/12) of his/her vacation for each month of service during the twelve (12) month period preceding January 1 of each year. For employees hired on or after January 1, 2016, for the purposes of computing vacation pay, an employee shall earn one-twelfth (1/12) of his/her vacation for each month of service on a monthly basis. Each month in which an employee works fifteen (15) days shall be considered a month of service. Employees who are discharged prior to taking their vacation shall not forfeit any right to accrued vacation.
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Pro Rata Vacation. There will be no pro-rata vacation deduction if an Eligible Musician’s total unpaid leave during the course of a Season is two (2) weeks or less. Eligible Musicians playing less than forty (40) weeks shall have the amount of their vacation time pro-rated according to the number of weeks worked per the formula below: Number of Vacation Services Earned = Number of weeks worked + 2 Number of Weeks in Season X Maximum Vacation Services for Season Example: Weeks in Season = 52 Maximum Vacation Services for Season (10 weeks) - 80 services Assume Musician takes 12 weeks leave and is paid only 40 weeks Number of vacation services earned = (40 + 2)/52 x 80 services = 64.6 or 65 services

Related to Pro Rata Vacation

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

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