Accrued hours definition

Accrued hours means the paid time off accruing to an employee resulting from an entitlement to the thirty eight hour week as prescribed in Clause 7. - Hours.
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Examples of Accrued hours in a sentence

  • Accrued hours shall not be carried over from College fiscal year to College fiscal year.

  • Accrued hours shall be used by April 15th or will be paid out in the second pay period in May.

  • Accrued hours may be used in the pay period in which they are credited to the employee’s PTO bank.

  • All funds received by the ------------------------ Agent in respect of any payments made by the Borrower on the Notes, Revolving Commitment Fees or Letter of Credit Fees shall be distributed forthwith by the Agent among the Banks, in like currency and funds as received, ratably according to each Bank's Revolving Percentage.

  • Consistent with and employees who accumulate accrued work hours in lieu of re-scheduling will be paid hours at straight time each pay period upon the submission and verification of these hours by their respective supervisor on form Note: Accrued hours will not be earned while off duty sick during any pay period.

  • Accrued hours are credited to each employee at the end of each month, however, in the calendar year in which they are hired, an employee will receive their full annual sick leave frontloaded at the start of their employment, and on a prorated basis.

  • Accrued hours in excess of this amount are to be forfeited at the end of each settlement period.

  • Accrued hours will be paid out prior to the next pay increase on 1 October each year.

  • Accrued hours may be used in the pay period in which they are credited to the employee's PTO bank.

  • Accrued hours in excess of two and one-half (2 ½) the yearly allocation of an employee’s annual accrual rate will be paid out to the employee twice per year to reduce the employee’s vacation balance to the maximum accrual allowed.

Related to Accrued hours

  • Accrued Day(s) Off means the paid day(s) off accruing to an employee resulting from an entitlement to the 38 hour week as prescribed in Clause 6. - Hours of this award.

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Accrued Rights shall have the meaning set forth in Section 4(a)(iv).

  • Accrued Amounts means any unpaid annual base salary accrued through the date of a Participant’s Qualifying Termination and any accrued but unpaid vacation pay.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.