Vacation Leave Payment Sample Clauses

Vacation Leave Payment. Employees who leave employment shall be paid for any unused accumulated vacation leave earned, calculated on their base hourly rate. Pay for the unused accumulated vacation leave shall be in a lump sum addition to the employee's last paycheck.
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Vacation Leave Payment. In the event of an employee’s death, all monies due him/her for accrued vacation and salary shall be paid as provided by law, unless otherwise designated in writing by the employee.
Vacation Leave Payment. Earned vacation leave shall be compensated at the rate in effect at the time the employee takes the vacation.
Vacation Leave Payment. Employees shall be paid, in lieu of leave, an equal to five percent (5%) of gross earnings for the eighteen months of their employment and SIX percent Of their gross earnings thereafter Such amount shall be payable on each pay date ARTICLE HOLIDAYS The following days shall be designated by the Corporationas holidays for employees under this Agreement: New Year's Day August Civic Good Friday Labour Day Victoria Day Thanksgiving Day Xxxx Xxx Christmas Day Canada Day Boxing Day Day Employeeswho have worked ten (10) days or more out of thirty (30) calendar days preceding the holidays designated in Clause will be paid a sum of money, calculated on the accumulatedhours worked during the thirty (30) days period, divided by the number of days worked and by their applicable rate of pay as delineated in Appendix "A". Employeeswho have worked less than ten (10) days out of the thirty (30) calendar days precedingthe holidays designated in Clause will be paid an amount equal to one-twentieth of their gross wages earned in the thirty
Vacation Leave Payment. Employees shall be paid, i n lieu of vacation leave, an amount equal to five percent (5%) of their gross earnings for the first eighteen months of their employment and six percent (6%) of their gross earnings thereafter. Such amount shall be payable on each pay date.
Vacation Leave Payment. Effective April employees shall be paid, in lieu of vacation leave, an amount equal to six percent (6%) of their gross earnings for the first thirty-six (36) months’ of their employment and eight percent (8%) of their gross earnings thereafter. Such amount shall be payable each pay period.

Related to Vacation Leave Payment

  • Vacation Leave A part-time employee shall earn vacation leave credits for each month in which the employee receives pay for at least twice the number of hours in the employee’s normal workweek, at the rate for years of service established in clause 34.02 of this Agreement, prorated and calculated as follows:

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.

  • Vacation Leave Maximum Employees may accumulate maximum vacation leave balances not to exceed two hundred and forty (240) hours. However, there are two (2) exceptions that allow vacation leave to accumulate above the maximum:

  • Annual Vacation Leave 33.01 An Employee shall not take vacation leave without prior authorization from the Employer.

  • Sick Leave Pay A Nurse granted sick leave shall be paid for the period of such leave at her or his regular hourly rate of pay and the number of hours thus paid shall be deducted from the accumulated sick leave credits of the Nurse.

  • Sick Leave Payout No cash payment for unused sick leave will be paid to any employee leaving the service of the Employer.

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