vacation allowance definition

vacation allowance means an allowance to which an employee is entitled under section 39 or 44; (« indemnité de congé annuel »)
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vacation allowance. Employees earn vacation allowance for each full month of service in the vacation year. The rate is based on the employee’s length of service. The length of service is calculated by comparing the employee’s anniversary date in the new fiscal year with his/her original hire date: 6-10 years 5/4 day/month 15 days 10+ years 5/3 day/month 20 days Vacation Accounts: For record-keeping purposes, at the beginning of each vacation year, each employee will be credited with his/her vacation allowance. This represents the amount of paid vacation that the employee would earn if he/she completes the entire fiscal year. With the approval of the responsible Central Office Administrator, an employee may receive advance payment of credited but unearned vacation pay. If an employee terminates from employment, he/she will be required to repay all unearned vacation payments, to be deducted from his/her final paycheck. Employees with earned vacation in their accounts are eligible to receive these amounts upon termination of employment.
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vacation allowance shall be the hourly rate per the mutual agreement
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More Definitions of vacation allowance

vacation allowance. Employees earn vacation allowance for each full month of Length of Service Earnings Rate Allowance Vacation Accounts: For record-keeping purposes, at the beginning of each vacation year, each employee will be credited with his/her vacation allowance. This represents the
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vacation allowance. You will have an annual vacation allowance of four calendar weeks.
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vacation allowance means the total number of working hours of vacation an employee is entitled to by law and under these rules.
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vacation allowance. Employees earn vacation allowance for each full month of service in the vacation year. The rate is based on the employee’s length of service. The length of service is calculated by comparing the employee’s anniversary date in the new fiscal year with his/her original hire date: Length of Service Earnings Rate Allowance Vacation Accounts: For record-keeping purposes, at the beginning of each vacation year, each employee will be credited with his/her vacation allowance. This represents the amount of paid vacation that the employee would earn if he/she completes the entire fiscal year.
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Related to vacation allowance

  • Retirement allowance means the retirement payments to which a member is entitled.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Vacation means annual vacation with pay.

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Disability allowance means monthly payments during

  • Vacation rental means the lease, sublease, or other rental of residential property for a period of fewer than ninety days, except that it does not include rental of residential property on a weekly or monthly basis pursuant to Chapter 40 of this title, the South Carolina Residential Landlord and Tenant Act.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Allowance means compensation payable to an employee in addition to his regular remuneration payable for the performance of the duties of his position;

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one (1) day prior to the Change of Control; and (ii) the average of the Incentive Bonus paid (or payable) for the three (3) most recently completed fiscal years of the Company.

  • PHARMACY ALLOWANCE means the lower of:

  • Credit allowance date means with respect to any qualified equity investment:

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • main phase employment and support allowance means an employment and support allowance where the calculation of the amount payable in respect of the applicant includes a component under section 2(1)(b) or 4(2)(b) of the Welfare Reform Act 2007 except in Part 1 of Schedule 1;

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant.