Common use of Annual Sick Leave Redemption Program Clause in Contracts

Annual Sick Leave Redemption Program. Sick leave may be accumulated up to the 1,000 hour cap, or an employee may exercise the following option once a year (this option to be exercised automatically by the City unless otherwise advised by the employee): In order to encourage regular attendance at work, an employee may, during the month of December, convert one-half of the unused sick leave hours accrued during the preceding "accrual period" (December 1 through November 30), up to a maximum of 48 hours, to cash, computed using the base salary rate in effect on November 30 of the calendar year in which the conversion is applicable. The balance of remaining sick leave time will be credited to the employee's sick leave accrual account. The above plan applies only to:

Appears in 2 contracts

Samples: storage.googleapis.com, www.cityofmontclair.org

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Annual Sick Leave Redemption Program. Sick leave may be accumulated up to the 1,000 hour capindefinitely, or an employee may exercise the following option once a year (this option to be exercised automatically by the City unless otherwise advised by the employee): In order to encourage regular attendance at work, an employee may, during the month of December, convert one-one- half of the unused sick leave hours accrued during the preceding "accrual period" (December 1 through November 30), up to a maximum of 48 hours, to cash, computed using the base salary rate in effect on November 30 of the calendar year in which the conversion is applicable. The balance of remaining sick leave time will be credited to the employee's sick leave accrual account. The above plan applies only to:

Appears in 2 contracts

Samples: Agreement, Agreement

Annual Sick Leave Redemption Program. Sick leave may be accumulated up to the 1,000 hour capindefinitely, or an employee may exercise the following option once a year (this option to be exercised automatically by the City unless otherwise advised by the employee): In order to encourage regular attendance at work, an employee may, during the month of December, convert one-one- half of the unused sick leave hours accrued during the preceding "accrual period" (between December 1 through and November 30), up 30 (hereafter called the “accrual period”)—up to a maximum of 48 hours, to cash, computed using the base salary rate in effect on November 30 of the calendar year in which the conversion is applicable. The balance of remaining sick leave time will be credited to the employee's sick leave accrual account. The above plan applies only to:

Appears in 1 contract

Samples: Management Employees

Annual Sick Leave Redemption Program. Sick leave may be accumulated up to the 1,000 hour capindefinitely, or an employee may exercise the following option once a year (this option to be exercised automatically by the City unless otherwise advised by the employee): In order to encourage regular attendance at work, an employee may, during the month of December, convert one-half of the unused sick leave hours accrued during the preceding "accrual period" (December 1 through November 30), up to a maximum of 48 hours, to cash, computed using the base salary rate in effect on November 30 of the calendar year in which the conversion is applicable. The balance of remaining sick leave time will be credited to the employee's sick leave accrual account. The above plan applies only to:

Appears in 1 contract

Samples: www.cityofmontclair.org

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Annual Sick Leave Redemption Program. Sick leave may be accumulated up to the 1,000 hour cap, or an An employee may exercise the following option once a year (this option to be exercised automatically by the City unless otherwise advised by the employee): In order to encourage regular attendance at work, an employee may, during the month of December, convert one-half of the unused sick leave hours accrued during the preceding "accrual period" (December 1 through November 30), up to a maximum of 48 hours, to cash, computed using the base salary rate in effect on November 30 of the calendar year in which the conversion is applicable. The balance of remaining sick leave time will be credited to the employee's sick leave accrual account. The above plan applies only to:

Appears in 1 contract

Samples: www.cityofmontclair.org

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