Common use of Vacation Bonus Clause in Contracts

Vacation Bonus. For employees who are PPTs at April 1, 2013, in addition to the normal vacation pay provided by Section 10.03, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are estab‑ lished assuming that all such vacation leaves will be paid for on the basis of wage rates then in effect. This bonus will be available for payment in a lump sum at the same time as the payout for personal leave credits based on an 8 hour day. In locations where a shortage of work is predicted, em‑ ployees may be scheduled to take time off rather than the payment of cash vacation bonus by mutual agreement with the Local Union. On May 1st a vacation bonus will be established for those who have three (3) or more years of seniority on that date. The amount of the vacation bonus is to be 20% of the nor‑ mal vacation pay, with a minimum of one (1) week’s pay for those regular employees who had twenty (20) years or more of seniority. If taken in time, the vacation bonus will be scheduled by the employee with prior notice according to the needs of the operation.

Vacation Bonus. For employees who are PPTs at April 1, 2013, in addition to the normal vacation pay provided by Section 10.03, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are estab‑ estab- lished assuming that all such vacation leaves will be paid for on the basis of wage rates then in effect. This bonus will be available for payment in a lump sum at the same time as the payout for personal leave credits based on an 8 hour day. In locations where a shortage of work is predicted, em‑ em- ployees may be scheduled to take time off rather than the payment of cash vacation bonus by mutual agreement with the Local Union. On May 1st a vacation bonus will be established for those who have three (3) or more years of seniority on that date. The amount of the vacation bonus is to be 20% of the nor‑ nor- mal vacation pay, with a minimum of one (1) week’s pay for those regular employees who had twenty (20) years or more of seniority. If taken in time, the vacation bonus will be scheduled by the employee with prior notice according to the needs of the operation.

Vacation Bonus. For employees who are PPTs at April 1, 2013, in addition to the normal vacation pay provided by Section 10.03, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are estab‑ estab- lished assuming that all such vacation leaves will be paid for on the basis of wage rates then in effect. This bonus will be available for payment in a lump sum at the same time as the payout for personal leave credits based on an 8 hour day. In locations where a shortage of work is predicted, em‑ em- ployees may be scheduled to take time off rather than the payment of cash vacation bonus by mutual agreement with the Local Union. On May 1st a vacation bonus will be established for those who have three (3) or more years of seniority on that date. The amount of the vacation bonus is to be 20% of the nor‑ nor- mal vacation pay, with a minimum of one (1) week’s pay for those regular Full Time employees who had twenty (20) years or more of seniority. If taken in time, the vacation bonus will be scheduled by the employee with prior notice according to the needs of the operation.