Vacation Benefit. The Executive shall be entitled to four (4) weeks paid vacation in each calendar year (but no more than ten 10 consecutive business days at any given time), which shall be taken at such times as are consistent with Executive’s responsibilities hereunder. The Executive’s vacation schedule shall be submitted and approved by the Company. The Executive agrees and understands that vacation days shall not be taken during any period upon which the Company is undergoing a financial audit by its approved Financial Auditors. Unless otherwise approved by the Company, any vacation days not taken in any calendar year shall be forfeited without payment therefore.
Vacation Benefit. 41.4.1 Employees working in part-time classifications listed in Appendix B who work eleven hundred (1,100) or more hours in any calendar year shall be paid three (3%) of his/her the employee’s gross earnings, excluding vacation payout from the preceding calendar year, as vacation benefits upon separation or during the first third (3rd) pay period of the next calendar year. The calendar year shall be defined as the period for which wages earned are reported for tax purposes.
Vacation Benefit. 36.1 Effective January 2010, an employee who works eleven hundred (1,100) or more hours in the prior calendar year will be given each January a lump sum “vacation payment” of one percent (1%) of their annual gross earnings (calendar year defined as the period for which wages earned are reported for tax purposes). The PARTIES agree that this provision shall survive the term of this MOU absent mutual agreement to the contrary.
Vacation Benefit. Annually employees shall receive and earn vacation leave with pay as follows:
Vacation Benefit. Employees who are eligible for paid vacation benefits during a given fiscal year, whether pursuant to Paragraph 18.1(a) or 18.1(b) above, shall receive the following paid vacation benefit:
Vacation Benefit. Employees who leave the service after completion of twelve
Vacation Benefit. Full time employees shall accrue vacation leave with pay at their regular pay rate in accordance with the following schedule: Years of Service Hours Accrued Per Pay Period Represented Annual Hours Accrual 0.5 to 3.99 3.08 80 4 to 8.99 4.62 120 9 + 6.16 160 Newly hired employees may use vacation upon completing twenty-six (26) weeks of work from date of hire. New hires shall receive, at minimum, eighty (80) hours vacation upon completion of twenty-six (26) weeks of full-time employment. The Employer may, at its discretion and as a recruitment incentive, provide more than eighty (80) hours vacation upon twenty-six (26) weeks of employment and/or provide years of service credit for the purposes of vacation accrual. Absence due to paid sick leave, vacations or leaves of absence less than thirty (30) days shall be credited as time worked. In the event that there are 27 regularly scheduled paychecks in one year, bi-weekly vacation accrual shall accrue for the 27th paycheck. The maximum balance allowed to carry at any given time is 348 hours.
Vacation Benefit. 14.1 Effective January 2000, employees who worked one thousand-eighty (1,080) hours or more in calendar year 1999 will be given a lump sum payment of one percent (1%) of their gross earnings (calendar year defined as the period for which wages earned are reported for tax purposes). The lump sum payment shall be made during the first pay period following approval of the MOU by the City Council.
Vacation Benefit. 12.1 An employee working in classifications listed in Appendix “A-1” or Appendix “A- 2” who works eight hundred (800) or more hours in any calendar year shall be paid four percent (4%) of his/her gross earnings as vacation benefits upon separation or during the first pay period of the following calendar year. The calendar year shall be defined as the period for which wages earned are reported for tax purposes.
Vacation Benefit. 14.1 Employees who work one thousand one hundred (1,100) hours or more in the previous calendar year will be given a lump sum payment of three percent (3%) of their gross earnings. Calculation of hours worked shall include all hours worked for which wages were reported for tax purposes for the calendar year. Payment of this lump sum shall be issued with the payment of wages for the second full pay period in the following calendar year.
