Common use of Vacation Formula Clause in Contracts

Vacation Formula. The formula for calculating the number of eligible employees able to take vacation each week in each classification will be as follows: ● Total the number of eligible weeks of vacation for employees with at least one year of service as of January 1st. That total number of weeks will be divided by 50. Example - 25 employees in a classification, 10 employees with 4 weeks, 10 with 3 weeks and 5

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Vacation Formula. The formula for calculating the number of eligible employees able to take vacation each week in each classification will be as follows: Total the number of eligible weeks of vacation for employees with at least one year of service as of January 1st. That total number of weeks will be divided by 50. Example - 25 employees in a classification, 10 employees with 4 weeks, 10 with 3 weeks and 55 with 2

Appears in 3 contracts

Samples: Unofficial and Unsigned, Unofficial and Unsigned, Unofficial and Unsigned

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Vacation Formula. The formula for calculating the number of eligible employees able to take vacation each week in each classification will be as follows: Total the number of eligible weeks of vacation for employees with at least one year of service as of January 1st. That total number of weeks will be divided by 50. Example - 25 employees in a classification, 10 employees with 4 weeks, 10 with 3 weeks and 55 with 2

Appears in 1 contract

Samples: Unofficial and Unsigned

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