Common use of Voluntary Leave Program Clause in Contracts

Voluntary Leave Program. a. Each full-time employee choosing to participate in the Voluntary Personal Leave Program (VPLP) shall continue to work his or her assigned work schedule and shall have a reduction in pay equal to 4.62% (one day), 9.23% (two days), or 13.85% (three days). In exchange that the corresponding credits of 8 hours, 16 hours, or 24 hours of leave will be credited to the employee’s VPLP balance.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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