Common use of Vacation Bank Clause in Contracts

Vacation Bank. Vacation entitlement is determined by Article 17.01. For the purposes of Article 17.01 (a) vi), hours worked or credited as paid leave will be based on an accelerated rate of one and one-quarter (1¼) hours credit for each hour worked. Mechanism for the vacation bank is determined by current local practices. Drawing from the vacation bank will occur at an accelerated rate of one and one-quarter (1¼) paid hours for every hour taken as vacation (i.e. 11.25 hours worked equals 14.05 hours paid; 7.5 hours worked equals 9.375 hours paid). Vacation must be taken as a full weekend off (i.e. Saturday and Sunday). The maximum number of weekends off can’t exceed the week entitlement level determined by Article 17.01. Single vacation days may be taken on weekdays, which need not be in conjunction with the Saturday and Sunday. Single vacation days may be taken on the weekend, provided no replacement is required. Cash out and carry over provisions for the bank will be defined locally. Article 17.09 (a), (b) and (c) do not apply.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Vacation Bank. Vacation entitlement is determined by Article 17.0117.01(A). For the purposes of Article 17.01 (a) vi17.01(A), hours worked or credited as paid leave will be based on an accelerated rate of one and one-quarter (1¼) 1.25 hours credit for each hour worked. Mechanism The mechanism for the utilizing accrued vacation bank is will be determined by current the local practicesprovisions’ appendix and the template agreement. Drawing from the vacation bank will occur at an accelerated rate of one and one-quarter (1¼) 1.25 paid hours for every hour taken as vacation (i.e. 11.25 hours worked equals 14.05 hours paid; i.e., 7.5 hours worked equals 9.375 paid; 11.25 hours worked equals 14.0625 hours paid). Vacation must be taken as a full weekend off (i.e. i.e., Saturday and Sunday). The maximum number of weekends off can’t cannot exceed the week entitlement level determined by Article 17.0117.01(A). Single vacation days may be taken on weekdays, which need not be in conjunction with the Saturday and Sunday. Single vacation days may be taken on the weekend, provided no replacement is requiredweekend subject to operational requirements. Cash Cash-out and carry carry-over provisions for the bank accrued vacation will be defined determined locally. Article 17.09 (a), (b) and (c) do 17.03 does not apply.

Appears in 2 contracts

Samples: Collective Agreement, Full Time

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Vacation Bank. Vacation entitlement is determined by Article 17.0116.01. For the purposes of Article 17.01 (a) vi16.01(f), hours worked or credited as paid leave will be based on an accelerated rate of one and one-one quarter (1.25) hours credit for each hour worked. Mechanism for the vacation bank is determined by current local practices. Drawing from the vacation bank will occur at an accelerated rate of one and one-one quarter (1.25) paid hours for every hour taken as vacation (i.e. 11.25 hours worked equals 14.05 14.0625 hours paid; 7.5 hours worked equals 9.375 hours paid). Vacation must be taken as a full weekend off (i.e. Saturday and Sunday). The maximum number of weekends off can’t cannot exceed the week entitlement level determined by Article 17.0116.01. Single vacation days may be taken on weekdays, which need not be in conjunction with the Saturday and Sunday. Single vacation days may be taken on the weekend, provided no replacement is required. Cash Cash-out and carry carry-over provisions for the bank will be defined locallydefined. Article 17.09 (a16.05(a), (b) and (c) do not apply.

Appears in 1 contract

Samples: Collective Agreement

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