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.

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.