Vacation Pay Prorated. As annual vacation is taken in the calendar year in which it is earned, vacation pay at current salary or percent of gross earnings shall be prorated based upon the hours (for part-time regular) and/or the period worked. Employees who complete only part of the year due to termination, leaves, etc. and who have taken a vacation shall be required to reimburse Vancity for any overpayment received.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Vacation Pay Prorated. As annual vacation is taken in the calendar year in which it is earned, vacation pay at current salary or percent of gross earnings shall be prorated based upon the hours (for part-time regular) and/or the period worked. Employees who complete only part of the year due to termination, leaves, etc. and who have taken a vacation vacation, shall be required to reimburse Vancity the Employer for any overpayment received.
Appears in 1 contract
Samples: Collective Agreement
Vacation Pay Prorated. As annual vacation is taken in the calendar year in which it is earned, vacation pay at current salary or percent of gross earnings shall be prorated based upon the hours (for regular part-time regulartime) and/or the period worked. Employees who complete only part of the year due to termination, leaves, etc. and who have taken a vacation shall be required to reimburse Vancity for any overpayment received.
Appears in 1 contract
Samples: Collective Agreement
Vacation Pay Prorated. As annual vacation is taken in the calendar year in which it is earned, vacation pay at current salary or percent of gross earnings shall be prorated based upon the hours (for part-time regular) and/or the period worked. Employees who complete only part of the year due to termination, leaves, etc. and who have taken a vacation vacation, shall be required to reimburse Vancity the Employer for any overpayment received.. Prorating shall be based upon the following:
Appears in 1 contract
Samples: Collective Agreement