Common use of Vacation Time Accrual Clause in Contracts

Vacation Time Accrual. Vacation Time accrual is based on paid hours and any overstaff hours. Hours paid in excess of eighty (80) per pay period will not accrue Vacation Time. Call and non-paid hours do not accrue Vacation Time. Vacation Time shall accrue in accordance with the following schedule: Length of Service Maximum Accrual Rate Per Pay Period Per Hour Maximum Accrued Hours Per Year Maximum Days Accrued Per Year (based on 8 hour days) At least But less than New hire One year 0.07308 152 Hours 19 Days 1 year 3 years 0.09230 192 Hours 24 Days 3 years 5 years 0.10384 216 Hours 27 Days 5 years 7 years 0.11153 232 Hours 29 Days 7 years 10 years 0.11925 248 Hours 31 Days 10 or more years 0.12700 264 Hours 33 Days

Appears in 3 contracts

Samples: Letter of Agreement, Extension Agreement, Agreement

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Vacation Time Accrual. Vacation Time accrual is based on paid hours and any overstaff hours. Hours paid in excess of eighty (80) per pay period will not accrue Vacation Time. Call and non-paid hours do not accrue Vacation Time. Vacation Time shall accrue in accordance with the following schedule: Length of Service Maximum Accrual Rate Per Maximum Accrued Hours Maximum Days Accrued Per Year At least But less than Pay Period Per Hour Maximum Accrued Hours Per Year Maximum Days Accrued Per Year (based on 8 hour days) At least But less than New hire One year 0.07308 152 Hours 19 Days 1 year 3 years 0.09230 192 Hours 24 Days 3 years 5 years 0.10384 216 Hours 27 Days 5 years 7 years 0.11153 232 Hours 29 Days 7 years 10 years 0.11925 248 Hours 31 Days 10 or more years 0.12700 264 Hours 33 Days

Appears in 2 contracts

Samples: Extension Agreement, Extension Agreement

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