Prorated Vacation Pay Sample Clauses

Prorated Vacation Pay. An employee with at least six (6) months of continuous service on the same premises whose employment terminates before they qualify for their next vacation shall be entitled to prorated vacation pay equal to one-twelfth (1/12th) of their vacation pay for each full one (1) month of service for which they have not received prior vacation allowance credit whether or not such service precedes June 1st of any year.
AutoNDA by SimpleDocs
Prorated Vacation Pay. Example: If an employee is eligible for ten (10) vacation days per year (10/12 months = 8.33 days) and worked two (2) hours per day for 183 days, the following is the computation for prorated vacation pay: Days worked: 183 x 2 hours per day = 366 hours worked per year divided by the maximum hours a cafeteria employee could work. 366 hours worked 1,464 maximum hours = 25% 8.333 x 25% = 2.083 days earned days earned (2.083) x 8 hours x hourly rate of pay = $ EXHIBIT B PUBLIC HEALTH CODE WITH REGARD TO FOOD HANDLERS Section C - Personnel

Related to Prorated Vacation Pay

  • Vacation Pay (d) Paid Union leaves. All other payments, premiums, allowances etc. are excluded.

  • VACATIONS AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Pension, Health Benefit Plan, Education and Assistance Fund and Industry Fund. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no later than the fiscal year immediately following the fiscal year in which it is earned. Following the completion of six (6) months of service, the employee shall be entitled to use earned paid vacation.

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

  • Annual Vacation Employee shall be entitled to twenty (20) business days of paid vacation during each year of this Agreement. Employee may be absent from his employment for vacation at such times as are pre-approved by the Employer’s Chief Executive Officer. Unused vacation shall not be carried over into the next year, and will not be paid in the form of cash.

Time is Money Join Law Insider Premium to draft better contracts faster.