Common use of Vacation – Cash Conversions Clause in Contracts

Vacation – Cash Conversions. | Between September 1st and September 15 of each year, an employee hired on or before the DOR (Feb 19, 2016) may declare money from their Cash Bank to be set aside to their Stat Bank to be taken as vacation in the following calendar year in accordance with Article 13.05 and Article 14.06(f) and 15.03.03(iii). Purchase of Stat Bank hours from the Cash Bank will be based on the employee’s current hourly rate as of September 1st of the year of conversion.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Vacation – Cash Conversions. | Between September 1st and September 15 of each year, an the employee hired on or before the DOR (Feb 19, 2016) may declare money from their Cash Bank bank to be set aside to their Stat Bank to be taken as vacation in the following follow- ing calendar year in accordance with Article 13.05 and Article 14.06(f) and 15.03.03(iii). Purchase of Stat Bank hours from the Cash Bank will be based on the employee’s current hourly rate as of September 1st of the year of conversion.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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