PPP PPP Clause Samples
PPP PPP. Requests for time off, either for vacation including December 24, 25th and 26th or December 31, January 1st and January 2 shall be submitted by the Employee to her Director no later than September 1. The finalized work schedule shall be posted by the Employer no later than October 1. In the case of a dispute, time off during the the Christmas /News years period will be scheduled on a rotational basis unless mutually agreed otherwise. It is understood that the number of requests granted are subject to operational requirements but that these requests shall not be unreasonably denied.
PPP PPP. For the purpose of calculating entitlement for vacation time and vacation pay, the vacation year shall be from January 1st to December 31st.
PPP PPP. June: Quarterly report to staff on performance of the first quarter (January 1st to March 31st)
PPP PPP. December: Quarterly report to staff on performance on the first three quarters (January 1st to September 30th) May: Year-end financial performance reported at an all staff meeting and funds will be distributed to Employees based on year end performance. Funds distributed in September, if any, will be deducted from the final payout. Employees may elect to have funds deposited into company sponsored pension plans. Note: If the mid-year payout exceeds what would be paid out based on annual performance, the overpayment will be applied to the following year. Information Sharing: Financial reports will be prepared and reviewed by an outside accounting firm selected by the Ottawa Fertility Centre. The accountants will report on the Gain Sharing program to verify that the payouts and financial performance are accurate and consistent with how the plan has been communicated to staff. Future Changes to the Plan Both Parties agree to review the plan prior to the end of the current Collective Agreement to ensure that it is achieving its intended purpose. Should the plan be extended for subsequent years, the Employer may propose an option to use a 12 month rolling average to determine performance payouts.
PPP PPP. All vacation time except five (5) days must be taken by December 31st, but five