Common use of LEAVE ACCRUAL CYCLE Clause in Contracts

LEAVE ACCRUAL CYCLE. During any pay period, employees accumulate vacation and sick time based on their length of service with Xxxxxx College. An employee’s pay stub (delivered two weeks in arrears of the pay period worked) reflects the balance of any time accrued prior to the pay period, time accrued during the pay period, and any time taken during the pay period. Should it be necessary, an employee may take sick or vacation time during the pay period within it is accrued. Example: Assume prior vacation balance of 10 hours; accrue 6 hours per pay period Pay period: September 27 – October 10 (2 weeks) Pay date: October 23 Hours worked: 72 hours Vacation taken: 8 hours Vacation balance: 8 hours (10 accrued + 6 earned – 8 taken) Pay period: October 11 – October 25 Pay date: November 6 Hours worked: 68 hours Vacation taken: 12 hours Vacation balance: 2 hours (8 accrued + 6 earned – 12 taken) Pay period: October 26 – November 8 Pay date: November 20 Hours worked: 72 hours Vacation taken: 8 hours Vacation balance: 0 hours (2 accrued + 6 earned – 8 taken)

Appears in 12 contracts

Samples: www.harpercollege.edu, www.harpercollege.edu, www.harpercollege.edu

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