Common use of Vacation Bonus Clause in Contracts

Vacation Bonus. In addition to the normal vacation pay provided by Section 15:05, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are established, assuming that all such vacation leaves will be paid for on the basis of wage rates then in effect. The bonus will be paid in a lump sum on the pay day prior to July 1st in each year except that any employees who take vacation subsequent to May 1st and prior to July 1st may request their vacation bonus upon one week of advance notice. As of May 1st of each year employees who have three years or more seniority will be paid a vacation bonus of 20% of their normal vacation payment.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Vacation Bonus. In addition to the normal vacation pay provided by Section 15:0514.05, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are established, established assuming that all such vacation leaves will be paid for on the basis of wage rates then in effect. The bonus will be paid in a lump sum on the pay day prior to July 1st in each year except that any employees who take vacation subsequent to May 1st and prior to July 1st may request their vacation bonus upon one week of advance notice. As of May 1st of each year employees who have three years or more seniority will be paid a vacation bonus of 20% of their normal vacation payment.

Appears in 2 contracts

Samples: Guaranteed Wage Plan, Guaranteed Wage Plan

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Vacation Bonus. be paid In addition to the normal vacation pay provided by Section 15:05, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are established, assuming that all such vacation leaves will be paid for on the basis of wage rates then in effect. The bonus This tonus will be paid for payment in a lump sum on at any time during the pay day prior vacation leave as agreed between the Union and local Management. In locations where a shortage of work predic- xxx, employees may scheduled to July 1st in each year except that any employees who take time off rather than the payment of cash vacation subsequent to by mutual agreement with the Local Union. On May 1st and prior to July 1st may request their a vacation bonus upon one week of advance notice. As of May 1st of each year employees will for those who have three years (3) or more years of seniority will be paid a vacation on that date. The amount of the bonus of 20% of their is to the normal vacation paymentpay, with a minimum of one (1) week's pay for regular employees who had twenty (20)year, or more of seniority.

Appears in 1 contract

Samples: negotech.labour.gc.ca

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