Pay in Lieu of Vacation. Employees may in any federal fiscal year elect, in twelve (12) hour increments, in lieu of vacation time off, to receive compensation for up to sixty (60) hours for the year and is subject to management approval.
Pay in Lieu of Vacation. Students Students shall be granted vacation pay in the amount of six (6%) percent of gross pay, payable bi-weekly in lieu of vacation time.
Pay in Lieu of Vacation. Each such employee who is entitled to a vacation under the vacation policy of the Company at the time he leaves to enter the Armed Forces, who elects not to take the vacation but to receive pay in lieu thereof, shall, upon furnishing to the Company a certificate from his commanding officer establishing the fact that he had been inducted into the military service, be paid the amount of money he would have received had he taken his vacation just prior to the beginning of his military leave.
Pay in Lieu of Vacation. Employees who have completed three (3) years of service may request pay in lieu of vacation. Employees must first take two (2) weeks (eighty hours) of vacation in a calendar year prior to submitting such a request. Employees may receive payment once per calendar year for up to forty (40) hours of their accumulated balances by submitting a written request for such payment to the College. Such payment shall be issued with the next regular payroll following submission of the employee’s request.
Pay in Lieu of Vacation. A short-term employee will be entitled to receive pay in lieu of vacation at the rate of 6% of their regular earnings. Vacation pay will be calculated and included on each biweekly paycheque. Commencing the calendar year 2001, short-term employees who are recalled on an annual basis, for seasonal work, which is of a duration of six months or longer, and providing seniority has not been lost, will be entitled to receive pay in lieu of vacation at the rate of 8% of their regular earnings commencing in the eighth calendar year and 10% commencing in the twelfth calendar year.
Pay in Lieu of Vacation. Subject to the availability of work, employees are eligi- ble to receive pay for vacation in lieu of actually taking such vacation time off according to the following schedule: Vacation Eligibility Vacation Pay In Lieu Eligibility Three Weeks One Week Four Weeks Two Weeks Five Weeks Two Weeks An employee desiring to take pay in lieu of vacation time off must declare his or her intent no later than the April 1st preceding the vacation year in which the employee desired to trade vacation for pay. Payment for exercising his/her option under this provision will be made to an employee on the last work day before the employee takes his or her first regularly scheduled vacation.
Pay in Lieu of Vacation. Permanent employees may choose to have up to one half (1/2) of their vacation time paid out in lieu of time off provided that no employee takes less than three (3) weeks time off. An employee requesting that vacation time be paid out shall provide four (4) week's written notice to the Employer. The employee will receive the requested vacation pay in the following pay period.
Pay in Lieu of Vacation. 14.07.10 An employee whose employment is terminated in accordance with Article 7.03.10, shall, as soon as possible after such termination, be paid the amount due to him in lieu of vacation calculated in accordance with this Article 14 to the date of termination. Pay in lieu of vacation to an employee with less than one year of service who terminates his employment shall not include vacation bonus.
Pay in Lieu of Vacation. 135 An employee who is quitting or retiring will be entitled to pro-rate vacation pay based on the appropriate percentage for their length of service for all regular straight time earnings from the beginning of the vacation period until their termination if they satisfy the work requirements listed in Paragraph 134 and if they give the Company at least five (5) working days notice of their intention to quit or retire. Payment in lieu of vacation may be made to any employee for a vacation not taken by the individual, if they are eligible for a vacation in accordance with the above paragraphs, but has not actually worked ten (10) months during the qualifying period. Upon an employee's death, their beneficiary, as shown in the Group Life Insurance Record, will be entitled to pro-rate vacation pay based on the appropriate percentage for the employee's length of service for all regular straight-time earnings from the beginning of the vacation period until their death.
Pay in Lieu of Vacation. No employee will receive pay in lieu of vacation except on the termination of employment (see Vacation Pay upon Termination).
