Exchange of holiday bonus for leave. 1. If a senior salaried employee and the employer agree in writing that a holiday bonus is exchanged for corresponding paid leave, the full holiday bonus for a 24-day (four-week) annual leave shall correspond to a leave of 12 weekdays (two weeks).
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Exchange of holiday bonus for leave. 1. If a senior salaried employee and the employer agree in writing that a holiday bonus is exchanged for corresponding paid leave, the full holiday bonus for a 24-day (four-week) annual leave shall correspond holiday is equivalent to a leave of 12 weekdays (two weeks).
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement