Common use of Vacation Accrual Rates Clause in Contracts

Vacation Accrual Rates. Employees who work a full-time year (1950 or more hours) shall accrue and earn vacation based on continuous years of service based on the following schedule: Length of Continuous Service Accrual Rate One (1) Year Forty (40) hours 2-4 Years Eighty (80) hours 5+ years One-hundred twenty (120) hours

Vacation Accrual Rates. Employees who work a full-time year (1950 or more hours) shall accrue and earn vacation based on continuous years of service based on the following schedule: Length of Continuous Service Accrual Rate One (1) Year Forty (40) hours 2-4 Years years Eighty (80) hours 5+ years One-hundred twenty (120) hourshours Employees will accrue vacation time during their first year of employment, but such vacation time shall not vest nor be available until their first anniversary date. After the employee’s first anniversary date, vacation shall be available as it is accrued.