Common use of Maximum Vacation Time Accrual Clause in Contracts

Maximum Vacation Time Accrual. The maximum amount of Vacation Time a nurse may accrue is three-hundred twenty (320) hours. Vacation Time accrued during the current pay period will be available to use the following pay period. Upon reaching the maximum accrued hours allowed, the Employer will automatically cash out 100 hours of vacation time. The hours will be paid at the nurse’s base rate of pay, not including shift differentials. The cash out will be taxed as a separate check. This cash out shall occur twice during a calendar year.

Maximum Vacation Time Accrual. The maximum amount of Vacation Time a nurse may accrue is three-hundred twenty (320) 320 hours. Vacation Time accrued during the current pay period will be available to use the following pay period. Upon reaching the maximum accrued hours allowed, the Employer will automatically cash out 100 hours of vacation time. The hours will be paid at the nurse’s base rate of pay, not including shift differentials. The cash out will be taxed as a separate check. This cash out shall occur twice only once during a calendar year.

Maximum Vacation Time Accrual. The maximum amount of Vacation Time a nurse may accrue is three-hundred twenty (320) 320 hours. Vacation Time accrued during the current pay period will be available to use the following pay period. Upon reaching the maximum accrued hours allowed, the Employer will automatically cash out 100 hours of vacation time. The hours will be paid at the nurse’s base rate of pay, not including shift differentials. The cash out will be taxed as a separate check. This cash out shall occur twice during a calendar year.

Maximum Vacation Time Accrual. The maximum amount of Vacation Time a nurse may accrue is three-hundred twenty (320) 320 hours. Vacation Time accrued during the current pay period will be available to use the following pay period. Upon reaching the maximum accrued hours allowed, the Employer will automatically cash out 100 hours of vacation time. The hours will be paid at the nurse’s base rate of pay, not including shift differentials. The cash out will be taxed as a separate check. This cash out shall occur only once twice during a calendar year.