Common use of Vacation Pay on Termination or Retirement Clause in Contracts

Vacation Pay on Termination or Retirement. An employee terminating his/her employment at any time in his/her vacation year, before he/she has had his/her vacation, shall be entitled to an equivalent payment of salary or wages in lieu of such vacation at termination, provided that the employee gives proper notice of termination. In the event that proper notification of termination is not given, payment will be made at the earliest possible date, but in any event, not later than the second pay day following the date of termination. (a) Annual leave shall not be taken except with the prior approval of the supervisor. However, subject to operational requirements, a reasonable effort shall be made to grant annual vacation at the time requested by the employee.

Appears in 4 contracts

Samples: Master Collective Agreement, Master Collective Agreement, Master Collective Agreement

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