Timing of Vacation Pay Sample Clauses

Timing of Vacation Pay. For fifty-two (52) week employees, vacation pay will be paid to the employee on the normal specified pay day during which time is taken. For ten (10) month employees vacation pay will be paid to the employee on a pro-rated basis spread over the twenty-one (21) payment, or the twenty-six (26) payment payroll option the employee chooses. Any employee who has earned his/her vacation and is separated from his/her employment before taking it shall be paid the amount earned at the time of separation. In the event of death of an employee, payment will be made to the survivor or estate.
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Timing of Vacation Pay. Vacation pay, where an employee makes application to the Employer in writing, three (3) weeks prior to the leave, will be paid on the previous regular payroll issued prior to the scheduled vacation.
Timing of Vacation Pay. (a) Payment Option Employees may opt, at their sole discretion, to receive earned vacation pay in a lump sum in January of each year, or to receive vacation pay on the regular pay day(s) at the time of vacation.
Timing of Vacation Pay. 16.06 (a) Vacation pay earned in the prior vacation year shall be paid in two cheques on or about January 15 and July 15 in each contract year.

Related to Timing of Vacation Pay

  • Vacation Pay (d) Paid Union leaves. All other payments, premiums, allowances etc. are excluded.

  • Calculation of Vacation Pay Vacation pay shall be at the rate effective immediately prior to the vacation period. However, should any salary increase become effective during the employee's vacation period, he/she shall receive the benefit of such increase from the effective date.

  • Annual Vacation Pay Vacation pay shall be paid at the regular hourly rate of the Nurse in effect immediately prior to the Nurse taking vacation.

  • Computation of Vacation Pay Where an employee's vacation pay for the current year is to be computed as a percentage of his "total wages earned" in the previous year, such "total wages earned" shall include the amount of vacation pay the employee received in the previous year.

  • Vacation Payout Where an employee requests in writing to have a specific number of vacation days paid out, and the Employer agrees to the request, the Employer will issue pay in lieu of vacation. Pay in lieu of vacation, if agreed, will be granted only after a minimum of 15 days' vacation time has already been taken in the year.

  • Part-time Vacation Pay If the Employer currently has the computer systems’ capability to implement bi- weekly vacation pay, they shall do so by the start of the next vacation year or earlier. Those Employers with no computer capability will endeavour to implement bi- weekly vacation pay if there is no significant administrative burden, by the start of the next vacation year or earlier. If the Employer does not so implement, it will provide reasons in writing to the Union. Where possible without extensive programming changes, the amount of vacation pay will be separately identified on the pay stub.

  • RATE OF VACATION PAY Compensation during vacation shall be at the rate of compensation as set forth for each classification in Appendix "A" which such employee would have been entitled to receive, including premium pay, while in active service during such vacation period.

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Benefit Plan. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

  • SEPARATION PAY 24.01 A regular employee shall be entitled to separation pay as set out in subsection .03 provided he/she has not been excluded by subsection .02 and provided he/she meets any of the following eligibility provisions:

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

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