Vacation Accrual for Full Time Employees. An employee will receive a vacation accrual on the first pay date of a month if the employee has any time worked or paid time off (as defined below) in the pay period that is paid on that pay date. The accrual on the first pay date of a month will be for that month, and will equal 1/12th of the current annual accrual (which is based on 2080 hours worked). Schedules showing the accruals for full-time employees in hours and minutes are included below. The accrual process for employees who have absences from work will be based on whether the employee is paid for any time during the pay period that is paid on the first pay date in the month. “Paid time” includes time paid as if the employee had worked, including supplementation of S&A or workers compensation benefits as provided in the contract, but not including the S&A or workers compensation benefits themselves. Upon termination, vacation payout will still occur. As at present, payout of banked vacation time upon termination of employment does not result in additional vacation accrual. Vacation Accrual for Part-time Employees Part-time unit employees will accrue vacation based on one of three possible categories of weekly hours: • 22 hours per week category = accrual assignment for up to 22 hours per week • 29 hours per week category = accrual assignment for 23 to 29 hours per week • 32 hours per week category = accrual assignment for 30+ hours per week Until November of 2018, all part-time employees will be in the 29-hour category. In November of 2018 and each subsequent year, an employee’s category for the next calendar year will be determined as follows. • For each part-time employee who has been employed in that status for at least 13 full pay periods, ending with the last pay period that ends in November, the category for the next calendar year will be determined based on the employee’s average weekly hours during the period from the first pay period ending in the previous December through the last pay period ending in November. • A new part-time employee will be in the 29-hour category until they have been employed in that status for 13 full pay periods as of the end of the last pay period that ends in November, after which their category for the next calendar year will be based on the average weekly hours calculation. Average weekly hours will include both time worked, and paid time as described above under “Vacation Accrual for Full Time Employees”. Average hours will be rounded up to the nearest ho...
Vacation Accrual for Full Time Employees. Years of Service Semi-Monthly Accrual Rate (Hours) Yearly Accrual (Hours) Yearly Accrual (Days) 0-2 6.667 Hours 160 Hours 20 Days 3+ 8.334 Hours 200 Hours 25 Days Regular part-time employees accrue pro-rated vacation leave based on hours scheduled. Unused accrued vacation will be carried into the next calendar year until employee has accumulated an amount equal to 175% of annual vacation entitlement. Once employees have accrued that amount, vacation accruals will stop. WFC encourages employees to use all vacation leave during the year in which it is earned and take a well-deserved rest. WFC CEO may approve exceptions to the accrual cap. When employments ends with WFC, employees will receive payment for any unused accrued vacation, at the employees current rate of pay.
