Sick Leave Conversion to Vacation. After one (1) full calendar year of continuous employment and annually thereafter, nurses who have demonstrated superior attendance may qualify for the conversion of unused sick leave hours to vacation hours. If less than 32 hours have been paid as sick leave during the first calendar year of employment, up to 32 hours of accrued sick leave may be converted to 16 hours of (1) cash payment or (2) vacation credit and added to the nurse’s vacation accrual for use like any other vacation time. After three years of continuous employment and annually thereafter, nurses who have been paid less than 32 hours of sick leave during the prior calendar year of employment may convert up to 32 hours of accrued sick leave to 32 hours of (1) cash payment or (2) vacation credit and added to the nurse’s vacation accrual for use like any other vacation time. This benefit shall be prorated for eligible part-time nurses. Sick hours paid in the prior calendar year will be subtracted from the eligible hours. For example, a nurse who has taken 8 hours of sick leave during the prior calendar year may elect to convert 24 hours of sick leave to 12 hours of vacation or cash payment (32-8 = 24 ÷ 2 = 12). This ratio is 1:1 after three (3) years of employment.
Appears in 3 contracts
Samples: Employment Agreement, Employment Agreement, Employment Agreement
Sick Leave Conversion to Vacation. After one (1) full calendar year of continuous employment and annually thereafter, nurses who have demonstrated superior attendance may qualify for the conversion of unused sick leave hours to vacation hours. If less than 32 hours have been paid as sick leave during the first calendar year of employment, up to 32 hours of accrued sick leave may be converted to 16 hours of (1) cash payment or (2) vacation credit and added to the nurse’s vacation accrual for use like any other vacation time. After three years of continuous employment and annually thereafter, nurses who have been paid less than 32 hours of sick leave during the prior calendar year of employment may convert up to 32 hours of accrued sick leave to 32 hours of (1) cash payment or (2) vacation credit and added to the nurse’s vacation accrual for use like any other vacation time. This benefit shall be prorated for eligible part-time nurses. Sick hours paid in the prior calendar year will be subtracted from the eligible hours. For example, a nurse who has taken 8 hours of sick leave during the prior calendar year may elect to convert 24 hours of sick leave to 12 hours of vacation or cash payment (32-8 = 24 ÷ ± 2 = 12). This ratio is 1:1 after three (3) years of employment.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement