Common use of Vacation Bonus Clause in Contracts

Vacation Bonus. Employees will receive vacation bonus of one (1) week’s pay, based on their work hours provided that; a) the employee worked 1,260 hours from May 1 to April 30 in the year, and; b) the employee has attained four (4) years of seniority by April 30. An employee eligible for such vacation pay bonus shall receive payment on or before September 15 of the following school year provided that the employee has returned to his/her driving duties for the School District and is a regular employee at the time of payment. Any employee eligible for such vacation pay bonus shall receive payment within 30 days of their retirement, as eligible under MPSERS.

Appears in 5 contracts

Sources: Collective Bargaining Agreement, Master Agreement, Master Agreement

Vacation Bonus. Employees will receive vacation bonus of one (1) week’s pay, based on their work hours provided that; a) ). the employee worked 1,260 hours from May 1 to April 30 in the year, and; b) ). the employee has attained four (4) years of seniority by April 30. An employee eligible for such vacation pay bonus shall receive payment on or before September 15 of the following school year provided that the employee has returned to his/her driving duties for the School District and is a regular employee at the time of payment. Any employee eligible for such vacation pay bonus shall receive payment within 30 days of their retirement, as eligible under MPSERS.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Vacation Bonus. Employees will receive vacation bonus of one (1) week’s pay, based on their work hours provided that; a) ). the employee worked 1,260 hours from May 1 to April 30 in the year, and; b) ). the employee has attained four (4) years of seniority by April 30. An employee eligible for such vacation pay bonus shall receive payment on or before the first pay period in September 15 of the following school year provided that the employee has returned to his/her driving duties for the School District and is a regular employee at the time of payment. Any employee eligible for such vacation pay bonus shall receive payment within 30 days of their retirement, as eligible under MPSERS.

Appears in 1 contract

Sources: Collective Bargaining Agreement