Vacation Entitlement Program. Each employee will be granted an annual vacation with pay in accordance with the following provisions. The employee will receive vacation with regular pay for each day of entitlement or the percentage of gross earnings, whichever is greater. However, the calculation of gross earnings will not include vacation pay paid during the year. Seniority as of June 30th Less than 1 year 1 day per month to a max of 10 4%
Vacation Entitlement Program. Each employee will be granted an annual vacation with pay in accordance with the following provisions. The employee will receive vacation with regular pay for each day of entitlement or the percentage of gross earnings, whichever is greater. However, the calculation of gross earnings will not include vacation pay paid during the year. Seniority as of June 30th Less than 1 year 1 day per month to a max of 10 4% 1 year but less than 5 years 10 days 4% 5 years but less than 15 years 15 days 6% 15 years but less than 20 years 20 days 8% 20 years or more 25 days 10% Notwithstanding the above, vacation entitlement will be reduced by 5 days for all employees but in no event will an employee's annualized vacation entitlement be less than 2 weeks. Vacation entitlement will be increased to 9% for employees with greater than 30 years of seniority effective June 1, 2015. Additionally any employee who qualifies for the 9% vacation pay effective June 1, 2015 will also be eligible for 22.5 vacation days. The following vacation entitlement schedule will apply for employees hired after May 4, 2014, including employees designated as temporary employees as of May 4, 2014. Seniority as of June 30th Less than 1 year 1 day per month to a max of 10 4% 1 year but less than 10 years 10 days 4% 10 years but less than 15 years 15 days 6% 15 years plus 20 days 8%
