Common use of Pro-Rated Allocation Clause in Contracts

Pro-Rated Allocation. Employees who are hired during the Fiscal Year (FY) shall have the number of floating holidays prorated based upon their date of hire as follows: July 1 to August 31 5 float holidays Sept 1 to Oct 31 4 float holidays Nov 1 to Dec 31 3 float holidays Jan 1 to Feb 28 2 float holidays March 1 to June 30 1 float holiday New Hire Employees may select the date upon which they shall use any floating holiday, subject to the scheduling needs of the City. If a floating holiday is not used within the fiscal year, the time shall be forfeited. Floating holidays denied due to staffing shortages or other operational reasons will be paid or accumulated at the employee’s choice at the end of the fiscal year. The employee will have the burden to prove the request was made in a timely manner and then denied.

Pro-Rated Allocation. Employees who are hired during the Fiscal Year (FY) shall have the number of floating holidays prorated based upon their date of hire as follows: July 1 to August 31 30 5 float holidays Sept 1 to Oct 31 4 float holidays Nov 1 to Dec 31 3 float holidays Jan 1 to Feb 28 2 float holidays March 1 to June 30 1 float holiday New Hire Employees may select the date upon which they shall use any floating holiday, subject to the scheduling needs of the City. If a floating holiday is not used within the fiscal year, the time shall be forfeited. Floating holidays denied due to staffing shortages or other operational reasons will be paid or accumulated at the employee’s choice at the end of the fiscal year. The employee will have the burden to prove the request was made in a timely manner and then denied. .