Common use of Vacation Formula Clause in Contracts

Vacation Formula. The Employer and the Union agree to the following principles in the selection of vacation by introducing a formula to establish the numbers of employees able to select vacations by classification on a weekly basis. - The formula for calculating the number of eligible employees allowed to take vacation in any week other than the week before Christmas, Christmas week and the week after Christmas (Section 11.03 (D) – December Vacation) will be as follows: - By classification, each store will total the number of eligible weeks of vacation for employees with at least one year of service as of January 1. That total number of weeks will be divided by 50. - The Employer and the Union will micromanage stores which are negatively impacted by the formula.