Leave Calculation Sample Clauses

Leave Calculation. In the event that an employee becomes ill during working hours and is placed on paid sick leave prior to the close of the work period, such paid sick leave shall be calculated to the nearest one-quarter (1/4) hour, or such lesser period as required by the Fair Labor Standards Act (FLSA) or Oregon State Law.
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Leave Calculation. Section 1.1 In order to determine an employee day, leave is calculated on the employee’s total number of regularly scheduled work hours per week divided by five (5).
Leave Calculation. For all leaves, the time used shall be incurred at quarter-hour increments, with a one-hour minimum amount.
Leave Calculation. In computation of time off for Officers, leave shall be calculated to the nearest day; 0.5 or more of a day's leave shall constitute a full day.
Leave Calculation. Annual leave accrues, in arrears, on a pro-rata basis for each completed four weeks period of employment. Pro-rata is a proportion of a whole entitlement. This means that the leave is credited to the employee 13 times a year.
Leave Calculation. All leave (Sick and Annual) will be calculated on an hourly basis with each day representing seven (7) hours.

Related to Leave Calculation

  • Overtime Calculation For the purpose of overtime calculation only, approved or scheduled time off work will be considered the same as time worked.

  • Interest Calculation Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used. Installments of principal which are not paid when due under this Agreement shall continue to bear interest until paid.

  • Calculation Each of the foregoing ratios and financial requirements shall be calculated as of the last day of each Fiscal Quarter.

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