– VACATION TIME & VACATION PAY Sample Clauses

– VACATION TIME & VACATION PAY. 14.01 Employees shall be eligible for unpaid vacation time between January 1st and December 31st of each calendar year, to be scheduled pursuant to the Employee’s and the Employer’s mutual agreement. Vacation time will be granted to Employees at the start of employment or January 1st of each year. Vacation time granted for Employees whose first day is mid-year will be prorated proportionally to the time remaining in the calendar year. 14.02 Accrued but unused vacation time may not be carried over from one year to the next, nor are any Employees eligible for pay in lieu of vacation time. 14.03 Annual vacation time will be granted according to the following schedule based on years of employment: Less than (5) years… Two (2) weeks. Between five (5) years & less than ten (10) years… Three (3) weeks. More than ten (10) years… Four (4) weeks. 14.04 Employees shall accrue vacation pay at a percentage of their qualifying gross earnings to be paid out at the sooner of vacation time taken or on the first payroll period of each calendar year: Less than (5) years… Four percent (4%). Between five (5) years & less than ten (10) years… Six percent (6%). More than ten (10) years… Eight percent (8%). Employees may not request accrued vacation pay be paid in excess of equivalent time taken. It is understood that Employees who are taking more vacation time than has accrued in equivalent pay will only be paid during their vacation time up to the maximum of accrued vacation pay. Vacation pay paid on the first payroll period of each calendar year will be issued as a separate deposit. Upon termination of an Employee’s employment, accrued and unpaid vacation pay will be paid to the Employee with their final payment. 14.05 Vacation requests must be submitted to the Employer in writing by the Employee a minimum of three (3) weeks prior to the requested start date of the vacation time. Alternatively, the Employee may submit vacation requests a minimum of three (3) weeks prior to the requested start date of the vacation time online via the Employee Self-Service website, The Employer will make reasonable efforts to accommodate requests, however, the Employer may at its sole discretion, decline a vacation request if the Employer deems that allowing the requested vacation time would interfere with the proper servicing of the client. Vacation requests which exceed granted vacation time as identified in Article 14.03 may not be approved by the Employer. If any Employee disregards a denied...
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– VACATION TIME & VACATION PAY. Less than 1 year 1 week 4% 1 year to 3 years 2 weeks 4% 3 years to 8 years 3 weeks 6% 8 years to 15 years 4 weeks 8% 15 years to 22 years 5 weeks 10% 22 years to 28 years 6 weeks 12% 28 years or more 7 weeks 14% Part-time employees shall have the equivalent year’s vacation entitlement for each eighteen hundred and seventy-five (1875) hours worked or paid for.
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– VACATION TIME & VACATION PAY. Service Time or Payment
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– VACATION TIME & VACATION PAY. One (1) year but less than four (4) years 2 weeks 4% Four years but less than ten (10) years 3 weeks 6% Ten (10) years but less than fifteen (15) years 4 weeks 8% Fifteen (15) or more years 5 weeks 10% Effective July 1, 2017 – 6 weeks after 25 years. Effective July 1, 2019 – 6 weeks after 22 years. Vacation Pay Out – Vacation runs July 1 to June 30 – The Employer will agree that vacation payout will be made after June 30 on the first pay in July that does not include any June pay days. Vacation entitlement is based on service as of July 1 in any given year. Vacation is to be taken in one (1) week blocks unless authorized by the Manager. A week of vacation consists of five (5) working days. For Full Time employee’s service is based on their most recent date of hire. One year of service for a Part Time employee shall equal one thousand eight hundred (1800) hours worked. Gross earnings are calculated based on regular straight time earnings and include the prior years’ vacation pay.
Sample 1
– VACATION TIME & VACATION PAY. Less than 1 year 1 week 4% 1 year to 3 years 2 weeks 4% 3 years to 8 years 3 weeks 6% 8 years to 15 years 4 weeks 8% 15 years to 22 years 5 weeks 10% 22 years to 28 years 6 weeks 12% 28 years or more 7 weeks 14% Part-time employees shall have the equivalent year’s vacation entitlement for each eighteen hundred and seventy-five (1875) hours worked or paid for. Part-time employees with five (5) years of employment since their date of hire shall receive three (3) weeks of vacation and six percent (6%) vacation. Progression beyond three (3) weeks entitlement shall be based on the existing vacation grid.
Sample 1
– VACATION TIME & VACATION PAY. All employees are entitled to take vacation as vacation time is earned; part-time employees’ vacation time will be pro-rated. After the first year of employment, the common anniversary date of all employees is January 1. As of this date, all employees are credited with the amount of vacation earned by them. Length of Service Year 1 Year 2 Vacation Time entitlement as per amount accrued 3 weeks Vacation Pay 6% Year 5 4 weeks 8% Year 10 5 weeks 10% For temporary employees, vacation pay at 4% of total wages will be paid out with each cheque.
Sample 1

Related to – VACATION TIME & VACATION PAY

  • Vacation Pay Paid Union leaves. All other payments, premiums, allowances etc. are excluded.

  • Part-time Vacation Pay If the Employer currently has the computer systems’ capability to implement bi- weekly vacation pay, they shall do so by the start of the next vacation year or earlier. Those Employers with no computer capability will endeavour to implement bi- weekly vacation pay if there is no significant administrative burden, by the start of the next vacation year or earlier. If the Employer does not so implement, it will provide reasons in writing to the Union. Where possible without extensive programming changes, the amount of vacation pay will be separately identified on the pay stub.

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to fifteen (15) paid vacation days per calendar year (prorated for partial years) in accordance with the Company’s vacation policies, as in effect from time to time that is at least as favorable as that provided to other similarly situated executives of the Company. The Executive shall receive other paid time-off in accordance with the Company’s policies for executive officers as such policies may exist from time to time.

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this agreement shall receive as vacation pay in accordance with the schedule under Article 9.04, the appropriate percentage of the employee's total earnings exclusive of the Employer's contribution to the Union's Benefit Plan. 9.02 When vacations are requested by more employees than can be reasonably scheduled to be away at any one time and still carry on efficient company operations, then the choice of those employees permitted to take their vacation will be insofar as possible based on customer requirements, efficient operation of the Shop, ability of employees to perform available work and length of service of the employees. 9.03 The Employer shall post annually during January a sheet on which employees may choose their vacation period. This list shall be completed by the employees no later than May 1. Any employee failing to select vacation time by May 1 will be deemed to have forfeited their privilege based on service credit, at that time, for vacation selection purposes. The Employer shall post the final vacation schedule no later than May 31. Any request for further changes to the final schedule must be made to the Employer giving the Employer at least four (4) weeks’ notice. If a Statutory holiday (as listed under Article 10.01) falls during an employee's vacation time, the employee will have the option to take that holiday at the end of the vacation period. This will be scheduled at the time the employee schedules his vacation. 9.04 Employees shall receive vacation time if requested in accordance with the provisions outlined below. Generally, two weeks may be taken in June, July and August, but with advance notice (per Article 9.03) and as mutually agreed, more may be taken. LENGTH OF SERVICE BASED ON DATE OF HIRING (as of July 1st of the current year) Vacation Pay Vacation Time 0 – 3 Months 4% 2 weeks After 3 Months 10% 3 weeks 9.05 The above amounts of vacation pay are remitted to the Union office with the regular monthly remittance.

  • VACATIONS AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Pension, Health Benefit Plan, Education and Assistance Fund and Industry Fund. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay. a. Employees shall, upon hire, receive ten percent (10%) vacation pay, and up to three weeks of vacation. b. Employees with ten or more years of service with the Employer shall receive twelve percent (12%) vacation pay, and up to four weeks of vacation. 9.02 Vacation periods shall be arranged by mutual agreement between the Employer and each employee. Employees shall be granted their vacation periods as requested insofar as it is practical and in accordance with seniority, unless the Employer decides to grant all vacations at one time, in which case the Employer shall give the employees at least six (6) weeks advance notice. 9.03 The Employer agrees to remit the Vacation Pay of each employee as agreed upon in 9.01 of this Agreement and in accordance with the regulation set by the Employment Standards Branch, Ministry of Labour, monthly before, but not later than the fifteenth of the following month to the Union using a separate cheque marked "Vacation Pay", accompanied by a list on which all deductions and contributions as mentioned in 6.01, 13.02, 14.02a, 14.02b, 18.01, 19.01 and Schedule "A" are recorded. 9.04 In accordance with the agreement with the Employment Standards Branch, Ministry of Labour, the Board of Trustees of the Union's Vacation Pay Trust Fund, is obligated to take any steps which may be available to them either in law or in equity or in bankruptcy as may be necessary or desirable to effect collection from delinquent Employers. All costs incurred in the collection of said payment will be charged to such defaulting Employer. 9.05 The Employer agrees to give the auditor of the Union's Trust Fund the privilege to examine the Employer's records concerning hours and monies forwarded to the Union, if and when the auditor so desires. Any date for such an examination will be pre-arranged in writing between the auditor, the Employer and the Union.

  • Accrued Vacation It is further agreed by the parties hereto that, upon sale or transfer of ownership of any store or upon dissolution of business, vacation pay for all months worked for which no vacation pay has been given shall be immediately paid to all employees coming under this Agreement, regardless of length of time said employee has been with the Employer.

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • Vacation; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

  • Vacation Bonus Employees shall receive one day's base pay (or adjusted earnings) for each year of service beyond twenty-five (25) years, to a maximum of ten (10) days’ pay.

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

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