Vacation Banking Sample Clauses

Vacation Banking. ‌ 9.06.1 All vacation must be taken in the year for which the entitlement applies except: (1) employees with four (4) weeks vacation entitlement may bank up to two (2) weeks of vacation per year up to a maximum of four (4) weeks. (2) employees with five (5) or more weeks vacation entitlement may bank up to two (2) weeks of vacation per year to be placed in either a “vacation bank” or a “retirement bank”. The maximum number of weeks in the “vacation bank” is six (6) weeks. The maximum number of weeks in the “retirement bank” is ten (10) weeks, and these may only be accessed immediately prior to the employee’s retirement date in time off, or, as a payout at retirement. 9.06.2 The total amount of banked vacation granted in any given year within the department at an operating centre shall not exceed the total amount of vacation committed to be banked in that same year within that department at that particular operating centre. 9.06.3 With the exception of the “retirement bank” described in G 9.06.1, employees cannot bank annual vacation in the same year that banked annual vacation will be taken off.
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Vacation Banking. ‌ Employees entitled to more than ten working days' vacation shall be permitted to bank five of the excess days and take them in the following year. Employees making use of this provision may do so except when it interferes with the scheduling of other employees' regular vacation.
Vacation Banking. Regular full-time employees shall be permitted to bank vacation, to a maximum of forty (40) days, to be taken immediately prior to retirement or, at another time with the approval of their manager, which will not be unreasonably withheld, as follows:
Vacation Banking. 11.6.1 Employees eligible for four (4) weeks of vacation may bank up to one (1) vacation week for each vacation year; employees eligible for five (5) weeks of vacation may bank up to two (2) vacation weeks for each vacation year. 11.6.1.1 Vacation time must be banked in full forty (40) hour increments. 11.6.1.2 Banked vacation will be paid at the employee's basic rate of pay at the time the vacation is taken. 11.6.1.3 Banked vacation may be accumulated over the years, up to a maximum of two hundred forty (240) hours, in compliance with the stipulations above. 11.6.1.4 When an employee resigns with proper notice or when they retire, the banked vacation will be taken prior to the resignation/retirement date. 11.6.1.5 Employees terminated for cause, will not forfeit banked vacation. 11.6.1.6 The employee's request to bank vacation time must be received by November 15. 11.6.2 Banked vacation cannot be scheduled to be taken until all applicable employees have chosen their regular and day and/or days at a time vacations for that year.
Vacation Banking. All vacations must be taken within one (1) year of being earned. Requests to carry forward vacation for one additional year will not be unreasonably denied.
Vacation Banking. Employees may bank vacation up to the maximum number of weeks available to them each calendar year. Banked vacation may be accumulated up to a maximum of 240 hours. Banked vacation, taken for vacation purposes, shall be subject to supervisory approval. Banked vacation may also be used for the Short Term Disability waiting period and for any other FMLA qualifying event not covered by Short Term Disability. Employees must notify the Company prior to December 31st of their intent to bank vacation.
Vacation Banking. No unused vacation may be carried over beyond the employee’s anniversary date without prior written approval, such approval will not be unreasonably withheld.
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Vacation Banking. All vacation must be taken in the year for which the entitlement applies except: a) employees with four (4) weeks vacation entitlement may bank one (1) or two (2) weeks vacation per year to a maximum of four (4) banked weeks b) employees with five (5) or more weeks vacation entitlement may bank one (1) or two (2) weeks vacation per year up to a maximum of six (6) banked weeks 9.06.1 The total amount of banked vacation granted in any given year within the department at an operating centre shall not exceed the total amount of vacation committed to be banked in that same year within that department at that particular operating centre. 9.06.2 Employees cannot bank annual vacation in the same year that banked annual vacation will be taken off. 9.06.3 Prior to Annual Vacation Sign-up, employees will sign an intent sheet to indicate the number of weeks of banked vacation they are requesting to take off or bank in accordance with 'G' 9.06.1 in the following year. 9.06.4 Only two (2) banked weeks per year may be taken in prime time. 9.06.5 Any annual vacation pay adjustment due as per Article 'G' 9.03.1 will be paid in the year it is due. The week(s) banked will be paid at the applicable hourly rate in effect at the time it is taken and will not attract any a/v differential. Employees who on the ratification date of this Agreement have annual vacation banked from previous years will have their a/v differential for previous years recalculated and paid in full not later than thirty (30) days following ratification. 9.06.6 Banked vacation will not be paid out except on termination of employment or retirement. Banked vacation which has been scheduled and not taken due to illness or disability and which qualifies for rescheduling under 'G' 9.05 above, shall be either rescheduled, where practical, or returned to the employee's vacation bank.
Vacation Banking. Effective with the 1976 vacation sign-up, employees with 4, 5, 6 weeks of vacation may bank one (1) week. Vacation time banked must be taken as “time off”, subject to staffing requirements, or “pay in lieu ofprior to the next vacation sign-up or the end of the following year whichever is applicable.
Vacation Banking. All vacation must be taken in the year for which the entitlement applies except: 1) Employees with four (4) weeks vacation entitlement may bank one (1) or two (2) weeks vacation per year to a maximum of four (4) banked weeks; 2) Employees with five (5) or more weeks vacation entitlement may bank one (1) or two (2) weeks vacation per year up to a maximum of six (6) banked weeks.
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