Common use of Vacation Pay Adjustment Clause in Contracts

Vacation Pay Adjustment. At the end of each calendar year, each employee shall be entitled to a vacation pay adjustment equal to the difference between the dollars of vacation pay they received during the year and a percentage of their earnings during the year. The percentage shall be equal to the number of shifts of vacation during the year divided by one hundred and eighty-two (182) for suppression employees and the number of calendar days of vacation for non-suppression employees divided by three hundred and sixty- five point two-five days (365.25) for non-suppression employees. For the purpose of this adjustment earnings shall exclude annual vacation, bonus payments, refunds and allowance payments.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Vacation Pay Adjustment. At the end of each calendar year, each employee shall be entitled to a vacation pay adjustment equal to the difference between the dollars of vacation pay they received during the year and a percentage of their earnings during the year. The percentage shall be equal to the number of shifts of vacation during the year divided by one hundred and eighty-eight two (182) for suppression employees and the number of calendar days hours of vacation for non-suppression non‐suppression employees divided by three one thousand nine hundred and sixty- five point two-five days fifty seven (365.251,957) hours for non-suppression non‐suppression employees. For the purpose of this adjustment earnings shall exclude annual vacation, bonus payments, refunds and allowance payments.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Vacation Pay Adjustment. At the end of each calendar year, each employee shall be entitled to a vacation pay adjustment equal to the difference between the dollars of vacation pay they received during the year and a percentage of their earnings during the year. The percentage shall be equal to the number of shifts of vacation during the year divided by one hundred and eighty-eight two (182) for suppression employees and the number of calendar days of vacation for non-suppression employees divided by three hundred and sixty- sixty-five point two-five days (365.25) for non-non- suppression employees. For the purpose of this adjustment earnings shall exclude annual vacation, bonus payments, refunds and allowance payments.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Vacation Pay Adjustment. At the end of each calendar year, each employee shall be entitled to a vacation pay adjustment equal to the difference between the dollars of vacation pay they received during the year and a percentage of their earnings during the year. The percentage shall be equal to the number of shifts of vacation during the year divided by one hundred and eighty-eight two (182) for suppression employees and the number of calendar days hours of vacation for non-non‐ suppression employees divided by three one thousand nine hundred and sixty- five point two-five days fifty seven (365.251,957) hours for non-suppression non‐suppression employees. For the purpose of this adjustment earnings shall exclude annual vacation, bonus payments, refunds and allowance payments.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Vacation Pay Adjustment. At the end of each calendar year, each employee shall be entitled to a vacation pay adjustment equal to the difference between the dollars of vacation pay they received during the year and a percentage of their earnings during the year. The percentage shall be equal to the number of shifts of vacation during the year divided by one hundred and eighty-two eighty‐two (182) for suppression employees and the number of calendar days of vacation for non-suppression non‐suppression employees divided by three hundred and sixty- five sixty‐five point two-five two‐five days (365.25) for non-suppression non‐suppression employees. For the purpose of this adjustment earnings shall exclude annual vacation, bonus payments, refunds and allowance payments.

Appears in 1 contract

Samples: Collective Agreement

Vacation Pay Adjustment. At the end of each calendar year, each employee shall be entitled to a vacation pay adjustment equal to the difference between the dollars of vacation pay they received during the year and a percentage of their earnings during the year. The percentage shall be equal to the number of shifts of vacation during the year divided by one hundred and eighty-two (182) for suppression employees and the number of calendar days of vacation for non-suppression employees divided by three hundred and sixty- sixty-five point two-five days (365.25) for non-suppression employees. For the purpose of this adjustment earnings shall exclude annual vacation, bonus payments, refunds and allowance payments.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!