Vacation Earning for Partial Years Sample Clauses

Vacation Earning for Partial Years. (a) (1) During the first partial year of service a new employee will earn vacation at the rate of one and one quarter (1¼) days for each month for which he/she earns ten (10) days pay.
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Vacation Earning for Partial Years. (a) During the first partial year of service, a new employee shall earn one-twelfth (1/12) of the annual entitlement for each month in which the employee has received at least ten (10) days’ pay at straight- time rates. Probationary employees will earn vacation during the probationary period, but will not be entitled to schedule vacation leave until the completion of the probationary period.
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Vacation Earning for Partial Years. ‌ During the first partial year of service, a new employee shall earn one-twelfth of the annual entitlement for each month in which the employee has received at least 10 days' pay at straight-time rates. Probationary employees will earn vacation during the probationary period, but will not be entitled to schedule vacation leave until the completion of the probationary period. During subsequent vacation years, an employee will earn one-twelfth of the annual vacation entitlement for each month in which the employee has earned ten 10 days' pay at straight-time rates. Where an employee has taken more vacation than earned, on the foregoing basis, the Employer shall recover the unearned portion on March 31st of that year, or upon termination.
Sample 1

Related to Vacation Earning for Partial Years

  • Vacation Earnings for Partial Years (a) (1) During the first partial year of service a new employee will earn vacation at the rate of one and one-quarter (1¼) days for each month for which he/she earns ten (10) days' pay.

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an employee's vacation period, he/she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and employee.

  • Year of Service An Employee must complete at least Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article V. [Note: The number may not exceed 1,000. If left blank, the requirement is 1,000.]

  • Vacation Year The vacation year shall be April 1 to March 31, inclusive.

  • 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.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Prime Time Vacation Period Subject to the provisions of this article, it is the intent of the parties that no employee will be restricted in the time of year they choose to take their vacation. The Employer will make every effort to allow employees to take their vacation during the period of April 15th to October 15th inclusive, which will be defined as the prime time vacation period.

  • Vacation Periods Vacation schedules will be set by the employee’s immediate supervisor(s) and sent to the Office of Human Resources for approval. Employees may request a particular period for vacation. Vacation days may not be taken in advance of their accrual. Those employees who are on a 12-month teacher contract are paid during Spring Break and Winter Recess, however, are not expected to be in attendance or perform duties during those breaks.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Vacation Bonus Employees shall receive one day's base pay (or adjusted earnings) for each year of service beyond twenty-five (25) years, to a maximum of ten (10) days’ pay.

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