Accrual Chart Sample Clauses

Accrual Chart. Years of Service Based on Anniversary Date Accrual Rate Per Hour Maximum PTO Accrual Bank 0-1 year .0423 per hour 128 Hours 2 to 4 years .0615 per hour 168 Hours 5 to 9 years .0807 per hour 208 Hours Over 10 years .0999 per hour 240 Hours
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Accrual Chart. Years of Service Accrual Rate per Hour Annual PTO Accrual Maximum Accrual Year 1 00.0423 11 days 128 hours 2 to 4 Years 0.0615 16 days 168 hours 5 to 9 Years 0.0807 21 days 208 hours Over 10 Years 0.0999 26 days 240 hours *ANNUAL PTO ACCRUALS ARE BASED ON AN EMPLOYEE HAVING 2080 PAID HOURS PER YEAR (40 HOURS PER WEEK) **PTO HOURS ACCRUED BEYOND THE MAXIMUM LISTED WILL BE DEPOSITED INTO THE EMPLOYEES EXTENDED ILLNESS BANK (EIB)
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Accrual Chart. 16.5.1: PART-TIME AND FULL TIME EMPLOYEES Part-time and full-time employees shall earn PTO at the following rates: Years of Service Accrual Rate per Hour Annual PTO Accrual Maximum Accrual Year 1 00.0423 11 days 128 hours 2 to 4 Years 0.0615 16 days 168 hours 5 to 9 Years 0.0807 21 days 208 hours Over 10 Years 0.0999 26 days 248 hours *Annual PTO accruals are based on an employee having 2080 paid hours per year (40 hours per week) **PTO hours accrued beyond the maximum listed will be deposited into the employees extended illness bank (EIB)
Sample 1Sample 2
Accrual Chart. Years of Service Accrual Rate per Hour Annual PTO Accrual Maximum Accrual Year 1 00.0423 11 days 128 hours 2 to 4 Years 0.0615 16 days 168 hours 5 to 9 Years 0.0807 21 days 208 hours Over 10 Years 0.0999 26 days 240 hours *Annual PTO accruals are based on an employee having 2080 paid hours per year (40 hours per week) **PTO hours accrued beyond the maximum listed will be deposited into the employees Extended Illness Bank (EIB)
Sample 1

Related to Accrual Chart

  • Accrual Schedule The combined accrual schedule is as follows: Completion of Full-Time/pay period Part-Time 1-2 years 4.92 hours .0615 hrs/hr 3 years 5.544 hours .0693 hrs/hr 4-5 years 7.376 hours .0922 hrs/hr 6-7 years 7.696 hours .0962 hrs/hr 8-9 years 8.000 hours .1000 hrs/hr 10-11 years 8.304 hours .1038 hrs/hr 12+ years 8.92 hours .1115 hrs/hr

  • Accrual Rate Compensatory time for employees will accrue at the rate of one and one-half hours for each one hour of overtime worked.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year During the first year of current continuous employment Ninety-six (96) During the second year of current continuous employment One hundred four (104) During the third and fourth years of current continuous employment One hundred twelve (112) During the fifth, sixth, and seventh years of total employment One hundred twenty (120) During the eighth, ninth, and tenth years of total employment One hundred twenty-eight (128) During the eleventh year of total employment One hundred thirty-six (136) During the twelfth year of total employment One hundred forty-four (144) During the thirteenth year of total employment One hundred fifty-two (152) During the fourteenth year of total employment One hundred sixty (160) During the fifteenth year of total employment One hundred sixty-eight (168) During the sixteenth year of total employment and thereafter One hundred seventy-six (176)

  • Calculation of Vacation Pay Vacation pay shall be at the rate effective immediately prior to the vacation period. However, should any salary increase become effective during the employee's vacation period, he/she shall receive the benefit of such increase from the effective date.

  • Basic Salary Schedule The basic salaries of teachers shall be according to the following schedules: Effective the first day of the Fall Term, 2018 – 1.6% increase. Years of Experience Class 1 Class 2 Class 3 Class 4 Class 5 Class 6 Class 7 0 39,299 43,274 47,673 57,023 60,877 64,356 68,282 1 40,913 45,521 50,103 60,155 64,118 67,767 71,750 2 42,536 47,767 52,535 63,281 67,356 71,175 75,215 3 44,152 50,014 54,971 66,414 70,596 74,585 78,682 4 45,772 52,258 57,401 69,546 73,833 77,994 82,149 5 47,390 54,503 59,834 72,674 77,076 81,405 85,616 6 49,008 56,750 62,271 75,805 80,314 84,816 89,084 7 50,684 58,996 64,700 78,937 83,550 88,224 92,548 8 67,170 82,068 86,792 91,636 96,017 9 85,197 90,032 95,045 99,483 10 88,328 93,271 98,452 102,949 Effective the first day of the Fall Term, 2019 – 1.4% increase. Years of Experience Class 1 Class 2 Class 3 Class 4 Class 5 Class 6 Class 7 0 39,849 43,880 48,340 57,821 61,729 65,257 69,238 1 41,486 46,158 50,804 60,998 65,015 68,716 72,754 2 43,131 48,436 53,271 64,166 68,299 72,171 76,269 3 44,770 50,714 55,740 67,344 71,584 75,629 79,784 4 46,413 52,990 58,205 70,520 74,866 79,086 83,299 5 48,054 55,266 60,672 73,692 78,155 82,545 86,815 6 49,694 57,544 63,142 76,866 81,438 86,003 90,331 7 51,394 59,822 65,606 80,042 84,719 89,460 93,844 8 68,110 83,217 88,007 92,919 97,361 9 86,389 91,292 96,375 100,875 10 89,565 94,577 99,831 104,391 Effective the first day of the Fall Term, 2020 – 0.5% increase. Years of Experience Class 1 Class 2 Class 3 Class 4 Class 5 Class 6 Class 7 0 40,048 44,100 48,582 58,110 62,038 65,584 69,584 1 41,694 46,389 51,058 61,302 65,340 69,060 73,118 2 43,347 48,678 53,537 64,487 68,640 72,532 76,650 3 44,994 50,967 56,019 67,680 71,942 76,007 80,183 4 46,645 53,255 58,496 70,872 75,241 79,482 83,715 5 48,294 55,543 60,975 74,060 78,546 82,957 87,249 6 49,942 57,832 63,458 77,250 81,845 86,433 90,783 7 51,651 60,121 65,934 80,442 85,143 89,907 94,313 8 68,451 83,633 88,447 93,384 97,848 9 86,821 91,749 96,857 101,380 10 90,012 95,050 100,330 104,912 Effective the first day of the Fall Term, 2021 – COLA**. **COLA will be determined as follows: In January 2022, or as soon as possible thereafter, when the 12 month (January to December 2021) average annual Statistics Canada Consumer Price Index for Manitoba – All items, change is made known, the increase will be applied retroactively to September 1, 2021.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Interest Accrual Each Class of Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Class A-1 and Class A-2b Notes will be calculated for each Interest Period on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on the Notes (other than the Class A-1 and Class A-2b Notes) for each Interest Period will be calculated on the basis of a 360-day year consisting of twelve 30-day months. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

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