Vacation Allowances for 260-Day Employees Sample Clauses

Vacation Allowances for 260-Day Employees a. Vacation credit for new 30-hour-per-week employees shall accrue from the date of employment. An employee beginning work on or before the fifteenth of any month shall be credited with vacation allowance of five hours for that month. If work is begun on the sixteenth or after, no credit will be given for that month. b. Employees with less than five years of service shall accrue vacation time at the rate of 5 hours per month. c. After the completion of five years of service with the Board, an additional 30 hours of vacation will be credited to the employee during the official month of employment, and the vacation allowance for that month and succeeding months will be computed at the rate of 6 2/3 hours per month. d. After the completion of ten years of service with the Board, an additional 30 hours of vacation will be credited to the employee during the official month of employment, and the vacation allowance for that month and succeeding months will be computed at the rate of 10 hours credit per month. e. Vacations must be taken in the fiscal year following the year earned; exceptions to be made by the Executive Director of Human Resources/Legal Affairs. f. Upon termination of employment, an employee shall receive pay for any unused vacation time. An employee with less than five years of service shall receive vacation credit at the rate of 5 hours per month; an employee with five years but less than ten completed years, at the rate of 6 2/3 hours per month; and an employee with ten years or more of service, at the rate of 10 hours per month. An employee leaving service on or before the fifteenth of any given month shall receive no credit for that month, but if he/she leaves on or after the sixteenth of a month, credit shall be granted.
Sample 1
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Vacation Allowances for 260-Day Employees. 1. Vacation credit for new employees shall accrue from the date of employment. An employee beginning work on or before the 15th of any month shall be credited with vacation allowance of six and two-thirds (6 2/3) hours for that month. If work is begun on the 16th or after, no credit will be given for that month. 2. Employees with less than five (5) years of service shall accrue vacation time at the rate of six and two-thirds (6 2/3) hours per month. 3. After the completion of five (5) years of service with the Board, an additional forty (40) hours of vacation will be credited to the employee during the official month of employment, and the vacation allowance for that month and succeeding months will be computed at the rate of ten
Sample 1

Related to Vacation Allowances for 260-Day Employees

  • Vacation Allowance Employees in permanent positions are entitled to vacation with pay. Accrual is based upon straight time hours of working time per calendar month of service and begins on the date of appointment to a permanent position. Increased accruals begin on the first of the month following the month in which the employee qualifies. Accrual for portions of a month shall be in minimum amounts of one (1) hour calculated on the same basis as for partial month compensation pursuant to Section 5.6 of this MOU. Vacation credits may be taken in one (1) minute increments but may not be taken during the first six (6) months of employment (not necessarily synonymous with probationary status) except where sick leave has been exhausted; and none shall be allowed in excess of actual accrual at the time vacation is taken.

  • Vacation Buy Back Employees shall have the option of requesting pay in lieu of time off up to a maximum of 144 hours of vacation time each year, during each year of the contract in increments of eight (8) hrs. Such requests are subject to the approval of the department head and the availability of funds.

  • - Separation Allowances (a) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 9.08(a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of twelve (12) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (b) Where an employee resigns later than 30 days after receiving notice pursuant to Article 9.08(a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of four (4) weeks' salary, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars."

  • Sick Leave Allowance Faculty with a full-time assignment shall accrue sick leave at the rate of eight

  • Vacations and Sick Leave The Executive shall be entitled to paid annual vacation leave in accordance with the policies as established from time to time by the Board of Directors, which shall in no event be less than four weeks per annum. The Executive shall also be entitled to an annual sick leave benefit as established by the Board for senior management employees of the Bank. The Executive shall not be entitled to receive any additional compensation from the Bank for failure to take a vacation or sick leave, nor shall he be able to accumulate unused vacation or sick leave from one year to the next; provided, however, such Executive may carry forward from year to year a maximum of ten days of unused vacation leave.

  • Vacation and Sick Leave During the Term, Executive shall be entitled to (a) sick leave in accordance with the Company’s policies applicable to similarly situated executive officers of the Company from time to time and (b) 4 weeks paid vacation each calendar year (up to 40 hours of which may be carried forward to a succeeding year).

  • Benefits; Vacation Employee shall be eligible to receive all benefits as are available to similarly situated employees of Employer generally, and any other benefits that Employer may, in its sole discretion, elect to grant to Employee from time to time. In addition, Employee shall be entitled to four (4) weeks paid vacation per year, which shall be pro-rated for the first partial year of employment and shall accrue in accordance with Employer’s policies applicable to similarly situated employees of Employer.

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • 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.

  • Vacation; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

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