Relationship between Vacation Year and Calendar Year Sample Clauses

Relationship between Vacation Year and Calendar Year. For the purpose of calculating vacation allowances, the vacation year commences July 1 of the previous year and ends June 30 of the calendar year in which the vacation is to be taken. Vacation Year (established credits) June 30 July 1 Jan 1 Dec 31 Calendar Year (to be taken)
Sample 1Sample 2Sample 3See All (37)
AutoNDA by SimpleDocs
Relationship between Vacation Year and Calendar Year. For the purpose of calculating vacation allowances, with the exception of electrical operators, the vacation year commences July 1 of the previous year and ends June of the calendar year in which the vacation is to be taken. Vacation Year (established credits) July 1 June Calendar Year (to be taken) Vacation Act states that every employer shall to each employee a vacation with pay of at least two weeks upon the completion of each months of employment. The amount of pay for such vacation shall not be less than an amount equal to four percent of the wages of the employee in the months of employment for which the vacation is given. Wages are defined as any monetary remuneration payable by an employer to an employee under the terms of a contract of employment as well as any payment under the Employment Act except vacation pay. Included in wages are termination pay, overtime pay, holiday pay, sick pay, equal pay adjustments. shift differentials, premiums for weekend or holidays, on-call and standby. Wages do not include vacation pay previously in the la-month period, supplementary unemployment benefits. Ups or other gratuities, gifts and bonuses that are dependent on the discretion of the employer and are not related to hours, production or Also excluded are travelling allowances or expenses, contributions made by an employer to pension unemployment insurance. death grants, disability plans, accident plans, sickness plans, medical plans, nursing plans or dental plans. Where an employee receives a greater benefit for vacation or vacation pay, that benefit will prevail over the conditions set out in the Employment Standards Act The amount of pay for a vacation shall be not less than an amount equal to four percent of the accumulated wages of the employee in the months of employment for which the vacation is given and in calculating wages no account shall be taken of any vacation pay previously paid. Regular Employees A regular employee shall be eligible for a vacation Less than One Year’s by June One working day for each full month of service completed between June of the previous year and July 1 of the current year up to a of two weeks working days). The employee shall be paid four percent wages in the year for which the vacation is given. of the accumulated For One Year and Than Three Years’ working days (two weeks) annually. Vacation pay shall equal days’ base earnings or four percent of accumulated wages, whichever is greater. For Three to Seven Years of Serv...
Sample 1
Relationship between Vacation Year and Calendar Year. For the purpose of calculating vacation allowances, the vacation year commences July of the previous year and ends June of the calendar year in which the vacation is to be taken. July Jan Wages are defined as any monetary remuneration payable by an employer to an employee under the terms of a contract of employment as well as any payment under the Employment Standards Act except vacation pay. Included in wages are terminationpay, overtime pay, holiday pay, sick pay, equal pay adjustments, shift differentials, premiums for weekend or holidays, on-call and standby. Wages do not include vacation pay previously paid in the 12-month period, supplementary unemployment benefits, tips or other gratuities, gifts and bonuses that are dependent on the discretion of the employer and are not relatedto hours, production or efficiency. Also excluded are travelling allowances or expenses, contributions made by an employer to pensionfunds, unemployment insurance, death grants, disability plans, accident plans, sickness plans, medical plans, nursing plans or dental plans. Where an employee receives a greater for vacation or vacation pay, that benefit will prevail over the conditions set out in the Employment Standards Act. The amount of pay for a vacation shall be not less than an amount equal to four percent (4%) of the accumulated wages of the employee in the months of employmentfor which the vacation is given and in calculating wages no account shall be taken of any vacation pay previously paid. Regular Employees A regular employee shall be eligible for a vacation of: Less than One (1) Year's by June 30: One (1) working day for each full month of service completed between June of the previous year and July of the current year up to a maximum of weeks (10 working days). The employee shall be paid four percent (4%) of the accumulatedwages in the year for which the vacation is given. For One (1) Year and Less Than Three (3) Years' Service: working days (two weeks) annually. Vacation pay shall equal days' base earnings or four percent (4%) of accumulated wages, whichever is greater.
Sample 1

Related to Relationship between Vacation Year and Calendar Year

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • Vacation Year The vacation year shall be April 1 to March 31, inclusive.

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an employee's vacation period, he/she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and employee.

  • year The employee shall provide medical substantiation to support her request for pregnancy leave. The request must include the beginning and ending dates of the leave and must be requested no later than thirty (30) calendar days after the birth of the child. Any changes to the leave, once approved, are permissive and subject to the approval of the department head or designee.

  • Unbroken Vacation Period An Employee shall receive an unbroken period of vacation unless mutually agreed upon between the Employee and the Employer.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Compensation for Holidays Worked a. With the exception of the provisions in Section C.2.b., below, an employee required to work on a holiday listed above shall be paid at the employee's regular straight-time rate of pay for the hours actually worked. In addition, an eligible employee shall receive either compensatory time off or holiday pay at the option of the University at the regular straight-time rate, including any shift differential.

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Vacation Periods Vacation schedules will be set by the employee’s immediate supervisor(s) and sent to the Office of Human Resources for approval. Employees may request a particular period for vacation. Vacation days may not be taken in advance of their accrual. Those employees who are on a 12-month teacher contract are paid during Spring Break and Winter Recess, however, are not expected to be in attendance or perform duties during those breaks.

  • Compensation for Holidays Falling on Scheduled Days Off 1. When a holiday falls on a full-time employee's regularly scheduled day off, the employee shall receive eight (8) hours of compensatory time.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!