EIB Accumulation Sample Clauses

EIB Accumulation. Full-time and part-time employees earn EIB from their date of hire; however, an employee is not eligible to use EIB until completion of ninety (90) calendar days of employment. Employees shall accumulate paid EIB benefits at the rate of one-half (1/2) day [four (4) hours] for each month of continuous employment, up to a maximum accumulation of five hundred twenty (520 hours. This rate of accrual shall be pro-rated for part-time employees. EIB benefits accrued beyond five hundred twenty (520) hours shall be converted to cash on an annual basis at the rate of fifty percent (50%) of the excess accrued. An employee who is retiring after fifteen (15) or more years of service with Island Hospital shall have the employee’s EIB benefits that have accrued beyond four hundred fifty (450) hours converted to cash at the rate of fifty percent (50%) of the excess accrued.
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EIB Accumulation. Full-time and part-time nurses earn EIB from their date of hire, however, a nurse is not eligible to use EIB until the end of his/her introductory period. Full-time nurses shall accumulate paid EIB benefits at the rate of one-half (1/2) day [four (4) hours] for each month of continuous employment. (This rate of accrual shall be prorated for part-time nurses.) There shall be no maximum accumulation cap or related cap payout.
Sample 1Sample 2
EIB Accumulation. Full-time and part-time nurses earn EIB from their date of hire; however, a nurse is not eligible to use EIB until completion of ninety (90) calendar days of employment. Nurses shall accumulate paid EIB benefits at the rate of one-half (½) days ([four (4)] hours) for each month of continuous employment, up to a maximum accumulation of seven hundred and twenty (720) hours. This rate of accrual shall be pro- rated for part-time nurses. EIB benefits accrued beyond seven hundred and twenty (720) hours shall be converted to cash on an annual basis at the rate of fifty percent (50%) of the excess accrued. Nurses who leave employment in good standing at the Hospital after fifteen (15) or more years of service with Island Hospital shall have their EIB benefits accrued beyond four hundred and fifty (450) hours converted to cash at the rate of fifty percent (50%) of the excess accrued.
Sample 1

Related to EIB Accumulation

  • Maximum Accumulation Maximum accumulation amounts apply only to the amount of annual leave that may be carried over from one leave year to the next, and do not limit accumulated leave balances during the leave year.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

  • Sick Leave Accumulation a. All unused days of sick leave at full pay for all employees, shall accumulate to a maximum of two hundred ten (210) days. Such sick leave benefits so accrued will be usable after the annual full days allowed, and prior to any half pay benefits.

  • Accumulation Vacation time shall be earned and accumulated on a monthly basis in accordance with the following schedules:

  • Seniority Accumulation (a) (i) Part-time employees shall have their seniority expressed on the basis of number of hours worked in the bargaining unit. (The foregoing is for clarity only and therefore does not modify an employee’s level of seniority under this collective agreement or previous collective agreements.)

  • Notification of Accumulation Employees shall be given a written accounting of accumulated sick leave days no later than June 30 of each school year.

  • Rate of Accumulation Full-time employees shall earn cumulative sick leave at the rate of 1.25 days per month during each calendar year to a maximum of seventy-five (75) days in total. Regular part-time employees will earn sick leave on a prorated basis.

  • Accumulation of Seniority The seniority of an employee shall continue to accrue during an absence due to:

  • Seniority – Maintained and Accumulated Seniority shall be maintained and accumulated under the following conditions:

  • Accumulation of Vacation Vacation leave may be accumulated to any amount provided that once during each fiscal year, each supervisor's accumulation must be reduced to two hundred and seventy-five (275) hours or less. If this is not accomplished on or before the last day of the fiscal year, the amount of vacation shall automatically be reduced to two hundred seventy-five (275) hours at the end of the fiscal year. Supervisors on a Military Leave under Appendix I shall earn vacation leave as though actually employed, without regard to the maximum accumulation set forth above. Vacation earned in excess of the maximum accumulation shall be taken within two (2) years of the date the supervisor returns from the Military Leave.

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