Sick Leave Annual Bonus Sample Clauses

Sick Leave Annual Bonus. After an employee has attained the maximum accumulation of one hundred and fifty (150) days of sick leave (twelve hundred hours) (1,200), he/she will become eligible to accumulate sick leave, on an annual basis of up to twelve (12) days of sick leave (ninety-six hours). If a required sick day was taken in accordance with the contract, the employee would be able to draw from this annual accumulation, however, for any remaining sick leave accumulated during that year the Village would grant vacation in accordance with the following schedule to be taken during the subsequent year: 12 days accumulated – 5 days vacation 9-11 days accumulated – 4 days vacation 7-8 days accumulated – 3 days vacation 5-6 days accumulated – 2 days vacation 3-4 days accumulated – 1 day vacation 0-2 days accumulated – 0 days vacation. Each year is treated separately, and each year is an accumulation by itself. Further, the vacation calculations start over each year.

Sick Leave Annual Bonus a) Permanent Employees who consider their future in respect to accrued sick days in case of serious illness will be rewarded as follows: b) On each anniversary of employment, subsequent to the first year of employment, Employees are allocated 8 (eight) sick days. If at their next anniversary of employment, days remain in credit for the previous 12 months the Employer will reward the Employee by payment on or about one week after their anniversary, the following hours at normal time at the base wage rate set out in Schedule A at the time of payment. 8-7 or 6 days credit Reward 9.12 hours 5 days credit Reward 6.88 hours c) Employees do not lose the sick day credits accrued. Accrued days are ongoing. d) When an Employee leaves the employ of the Employer the remaining sick leave does not become part of the termination payment.