Common use of Rate of Accrual Clause in Contracts

Rate of Accrual. Vacation benefits shall accrue during the probationary period. Each regular full time employee (part-time regular employees are prorated) shall commence to accrue vacation at the following rate for continuous service. For the purpose of this section, one (1) day equals eight (8) hours.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Rate of Accrual. Vacation benefits shall accrue during the probationary period. Each regular full full-time employee (part-part time regular employees are prorated) shall commence to accrue vacation at the following rate for continuous service. For (Each service year in the purpose chart begins on the first working day and ends on the last days of this section, one (1) day equals eight (8) hoursthe service year.)

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Rate of Accrual. Vacation benefits shall accrue during the probationary period. Each regular full full-time employee (part-part time regular employees are prorated) shall commence to accrue vacation at the following rate for continuous service. For : 1 - 3 years 80 hours 6.66 hours 11 - 15 years 160 hours 13.34 hours 16 + years 200 hours 16.68 hours When an employee is on an approved leave without pay, vacation accrual is prorated based upon paid hours in the purpose of this section, one (1) day equals eight (8) hourspay period.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Rate of Accrual. Vacation benefits shall accrue during the probationary period. Each regular full full-time employee (part-time regular employees are prorated) shall commence to accrue vacation at the following rate for continuous service. For the purpose of this section, one (1) day equals eight (8) hours.

Appears in 1 contract

Samples: Memorandum of Understanding

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