Annualization. Annualization is the process whereby an employee's term of appointment shall be extended for a period of twelve (12) months. To be eligible for annualization a short-term employee must have worked four (4) consecutive semesters in a two (2) year period, excluding spring/summer semesters and have received satisfactory comprehensive evaluations. Upon completion of the annualization period defined above and, if the funding and similar work continues, employees will be offered a twelve (12) month annualized short-term appointment. The appointment will be based on the amount of work available. A short-term employee who is filling a replacement position for another employee is eligible for annualization rather than regularization. Employees who are offered such an annualized appointment will not be eligible for the layoff notice or severance provisions of Article 5. An employee who has been annualized for two years will, where further work is available in the third year, be offered a regularized appointment. The appointment will be based on the average of the annualized work performed during the previous two years.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement
