Common use of Rate of Accrual for Full-Time Employees Clause in Contracts

Rate of Accrual for Full-Time Employees. Vacation time is earned on a monthly basis, based upon length of service, except where specified below. Employees from hire through five (5) years of employment accrue eighty (80) hours of vacation at a rate of 6.67 hours per month. Employees with six (6) through ten (10) years of employment accrue one-hundred twenty (120) hours of vacation per year at a rate of 10.00 hours per month. Employees with eleven (11) through twenty-four (24) years of employment accrue one- hundred sixty (160) hours of vacation per year at a rate of 13.34 hours per month. Employees with twenty-five (25) years of employment or more accrue two hundred (200) hours of vacation per year at a rate of 16.67 hours per month. Full-time employees who work less than a one hundred (100) percent schedule will receive vacation on a prorated basis in accordance with their length of employment and percent of annual time worked. Part-time employees do not earn vacation. Vacation credit may be accumulated by employees up to a maximum amount that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached.

Rate of Accrual for Full-Time Employees. Vacation time is earned on a monthly basis, based upon length of service, except where specified below. Employees from hire through five (5) years of employment accrue eighty (80) hours of vacation per year at a rate of 6.67 hours per month. Employees with six (6) through ten (10) years of employment accrue oneone hundred-hundred twenty (120) hours of vacation per year at a rate of 10.00 hours per month. Employees with eleven (11) through twenty-four (24) years of employment accrue one- hundred one hundred- sixty (160) hours of vacation per year at a rate of 13.34 hours per month. Employees with twenty-five (25) years of employment or more accrue two hundred (200) hours of vacation per year at a rate of 16.67 hours per month. Full-time employees who work less than a one one-hundred percent (100%) percent schedule will receive vacation on a prorated basis in accordance with their length of employment and percent of annual time worked. Part-time employees do not earn vacation. Vacation credit may be accumulated by employees up to a maximum amount that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached.