Common use of Rollback Clause in Contracts

Rollback. The Employer will compensate the employee on a day for day or shift for shift basis for any personal leave days accrued over that amount each year. For the purpose of determining annual leave accrued and/or payments, a year shall be from October 1 to September 30. These payments shall be made no later than the first pay day in December at the September 30 rate of pay. 4 1 hr. = .93, 2 hrs. = 1.87, 3 hrs. = 2.80, 4 hrs. = 3.73, 5 hrs. = 4.67, 6 hrs. = 5.60, 7 hrs. = 6.53, 8 hrs. = 7.46, 9 hrs. = 8.40, 10 hrs. = 9.33, 11 hrs. = 10.26, 12 hrs. = 11.20

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement