Accrual of Paid Vacation Time Sample Clauses

Accrual of Paid Vacation Time. Regular Full-Time Employees, upon their start date, are entitled to begin accruing Paid Vacation Time. Paid Vacation Time accrues as follows: Length of Service at Employment Anniversary Paid Vacation Time Less than 2 15 (120 hours total; accrued 5 hours per pay period) 2 but less than 6 21 (168 hours total; accrued 7 hours per pay period) 6 or more 25 (200 hours total; accrued 8.3 hours per pay period)
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Related to Accrual of Paid Vacation Time

  • Accrual of Vacation Leave a. Eligible employees hired or rehired and working on a full-time permanent basis shall earn vacation leave based on months of service at the following rates for each pay period: HOURS PER MONTHS SERVICE PAY PERIOD ACCRUED 0-24 3.08 25-96 4.62 97-180 5.54 181 and over 6.15

  • Accrual of Sick Leave a. A full-time employee shall accrue four (4) hours of sick leave for each biweekly pay period, or the number of hours that are directly proportionate to the number of days worked during less than a full-pay period, without limitation as to the total number of hours that may be accrued.

  • Vacation Time After the Trial Period is complete, the Employee is entitled to days off per year of which is required to be mutually benefiting of the Employer and the Employee. It is required for the Employee to give notice before scheduling their vacation in accordance with Company policy. Any unused Vacation Time shall be (check one): ☐ - Converted to cash at the end of the year at a rate of $ per day. ☐ - Eligible to rollover up to days to the next year. ☐ - Forfeited at the end of the year. ☐ - Other: .

  • Accrual of Benefits An employee may accrue benefits for thirty (30) days during a leave of absence.

  • 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)

  • Accumulation of Vacation Leave Credits 31.1.1 An employee shall earn in respect of each fiscal year, annual vacation leave with pay at the following rates for each calendar month in which the employee receives at least seventy-five (75) hours’ pay:

  • Accrual of Annual Leave (1). Full-time employees appointed for more than nine (9) months, except employees on academic year appointments, shall accrue annual leave at the rate of 6.769 hours biweekly or 14.667 hours per month (or a number of hours that is directly proportionate to the number of days worked during less than a full-pay period for full-time employees), and the hours accrued shall be credited at the conclusion of each pay period or, upon termination, at the effective date of termination. Employees may accrue annual leave in excess of the year end maximum during a calendar year. Employees with accrued annual leave in excess of the year end maximum as of December 31, shall have any excess converted to sick leave on an hour-for-hour basis on January 1 of each year.

  • Maximum Vacation Accrual Employees may accrue vacation up to a maximum of two hundred forty (240) hours. An employee who has reached the maximum accrual level may continue to accrue vacation until his or her next anniversary date, at which time any vacation accrued in addition to the two hundred forty (240) hour maximum accrual will be extinguished. With the written approval of the appropriate Vice President, an employee may accrue more than two hundred forty (240) hours of vacation when he or she is precluded from taking a previously scheduled vacation because of University needs. Any such written approval will specify a timeline for the employee to use any excess vacation accrual, after which any excess vacation accrual will be extinguished.

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

  • Vacation Accruals Length of Service Accrual Rate Per Month 0 - 10 yrs. 1 1/4 days 11 - 20 yrs. 1 2/3 days Upon completion of 20 years 2 1/12 days A staff member will be paid for vacation at the staff member’s base rate of pay.

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