Service Recognition Date (SRD) Clause Samples
The Service Recognition Date (SRD) clause defines the specific date from which an employee’s length of service with an employer is calculated. This date is used to determine eligibility for benefits such as vacation accrual, seniority, or retirement plans, and may account for prior service, breaks in employment, or transfers within the organization. By clearly establishing the SRD, the clause ensures consistency and fairness in the administration of employment-related benefits and rights.
Service Recognition Date (SRD). The SRD for regular employees represents all service while an OPG employee on payroll regardless of breaks in employment. Service credits shall be based on the last hire date and adjusted for all previous periods of OPG employment. All employees who currently work reduced hours or have done so in the past, will have such service calculated as if it were full- time (it should never be pro-rated).
Service Recognition Date (SRD). The SRD for regular employees represents all service while an ESA employee on payroll regardless of breaks in employment. Service credits shall be based on the last hire date and adjusted for all previous periods of ESA employment. All employees who currently work reduced hours or have done so in the past, will have such service calculated as if it were full-time (it should never be pro-rated).
Service Recognition Date (SRD). The SRD for regular employees represents all service while an Inergi employee on payroll regardless of breaks in employment. Service credits shall be based on the last hire date and adjusted for all previous periods of Inergi employment. All employees who currently work reduced hours or have done so in the past, will have such service calculated as if it were full time (it should never be pro- rated). Authorized Adjustments:
a) Personal Leaves of Absence SRD includes the time an employee is on “leave”, if the employee is on a: • personal leave of absence with pay; or • personal leave of absence without pay which is less than 15 working days; or • personal leave of absence without pay which is more than 15 working days and which was started on or after April 15, 1993 – only that portion which was taken during the period from April 15, 1993 to August 31, 1997. • prepaid leave of absence, under the enhanced leaves of absence policy dated April 16, 1993, greater than eight (8) weeks.
b) Pregnancy/Parental Leaves SRD includes the time an employee is on a pregnancy/parental leave (previously referred to as normal or extended maternity/adoption leave).
c) Job Sharing SRD is calculated as if the employee is working full-time hours.