Amount of Vacation Pay Sample Clauses

Amount of Vacation Pay. Vacation pay for those enjoying two (2) weeks' vacation, three (3) weeks' vacation, four (4) weeks' vacation, five (5) weeks' vacation and six (6) weeks' vacation with pay annually shall be calculated at four per centum (4%), six per centum (6%), eight per centum (8%), ten per centum (10%) and twelve per centum (12%) respectively of their total earnings for the year previous to their vacation.
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Amount of Vacation Pay. The amount of vacation pay in the case of bargaining unit employees shall be computed and compensated based upon a forty (40) hour work week.
Amount of Vacation Pay. Vacation days are to be paid at their current hourly or weekly rate exclusive of overtime at the time vacations are taken.
Amount of Vacation Pay. Vacations for each week of vacation for hourly rated employees shall be the normal weekly hours at the regular rate of pay, provided that this amount will be reduced by one fifty-seconds (1/52) for each week of absence, excepting absences which are:
Amount of Vacation Pay. Less than Five Years Employees with less than five (5) years continuous service with the Employer as of June 30th in the year shall receive as vacation pay an amount equivalent to four percent (4%) of their earnings during the preceding twelve (l2) month period.
Amount of Vacation Pay. Pay for vacation days shall be the same as that which the unit member would have received had s/he been in a working status.
Amount of Vacation Pay. The following calculation of vacation pay will be in effect for the vacation earned from 1996. For those enjoying two (2) weeks’ vacation, three (3) weeks’ vacation, four (4) weeks’ vacation, five (5) weeks’ vacation and six (6) week’s vacation with pay annually shall be calculated at four per centum (4%), six per centum (6%) and eight per centum (8%) (for the 4th, 5th and 6th weeks’ vacation) respectively of their total earnings for the year previous to their vacation. Vacation Pay for Employees Terminating Employment The following calculation of vacation pay will be in effect for the vacation earned from 1996. Employees who have qualified for two (2), three (3), four (4), five (5) and six (6) weeks vacation and who sever or have severed their employment after they have become qualified for two (2), three (3), four (4), five (5) and six (6) weeks vacation, as the case may be, shall receive at the date of the severance or as soon as reasonably possible thereafter, vacation pay computed at the rate of four per centum (4%), six per centum (6%) and eight per centum (8%) (for the 4th, 5th and 6th weeks’ vacation) respectively of their earnings since the termination of their last computed vacation pay. Vacation Pay for Regular Employees on short Time The following calculation of vacation pay will be in effect for the vacations earned from 1996. Vacation will be computed at the rate of four (4%), six (6%) and eight (8%) per centum of annual earnings for each week of vacation granted. At no time shall an employee’s vacation be less than the equivalent of forty (40) hours per week of vacation, but never over eight per centum (8%) of 40 hours multiplied by 52 weeks for an employee eligible for the fourth (4th) week of vacation and over, provided he has , worked fifty per centum (50%) of the time in the previous vacation year. Vacations and General Holidays shall be considered as time worked. This provision shall only apply to employees on layoff, sickness or Workers’ Compensation.
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Amount of Vacation Pay. Each employee shall receive vacation pay in an amount equal to four percent (4%) of their gross income earned, paid at the end of each payroll period along with the regular payroll.
Amount of Vacation Pay. Workday Off for Vacations 1-5 80 Hours 10 Workdays 6-11 120 Hours 15 Workdays 12-17 160 Hours 20 Workdays 18-23 200 Hours 25 Workdays 24 & over 240 Hours 30 Workdays If a holiday falls within the period that an employee is on vacation, such holiday will not be charged as vacation time. In transition years, accrual at the next higher rate shall begin in the first pay period following the anniversary date which marks completion of the fifth, eleventh, seventeenth or twenty-third years of service.
Amount of Vacation Pay. (a) Each week of vacation pay shall be equal to the forty (40) hour weekly guarantee. For Christmas, New Years, Thanksgiving and Independence Day weeks the employee may either elect to receive an additional days pay at straight time or take off the Friday preceding the vacation or Monday immediately following. For Good Friday, Memorial Day, and Labor Day, the employee shall be paid an additional day's pay of eight (8) hours at the straight time hourly rate. Vacation pay shall be paid to the employee before leaving on his vacation.
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