Vacation Rate Sample Clauses

The Vacation Rate clause defines how vacation pay is calculated and provided to employees. Typically, it specifies the percentage or formula used to determine vacation pay, such as a set percentage of regular earnings or a fixed amount per period worked. This clause ensures that employees receive appropriate compensation for vacation time, clarifying entitlements and preventing disputes over vacation pay calculations.
Vacation Rate. An employee will be paid for the vacation period at the employee's rate at the time he takes his vacation.
Vacation Rate. A. For shift personnel, twenty-four hours equals one shift. One cycle equals forty-eight hours. B. All accrued vacation at the time of retirement shall be paid at the employee's “total hourly compensation” rate.
Vacation Rate. Each employee shall receive vacation in lieu of holidays in accordance with Article 7, Section B-1 of this MOU and in addition, be credited with regular vacation per the following schedule:
Vacation Rate. Vacation shall be credited per the following schedule:
Vacation Rate. No employee shall be required to work during scheduled vacation period.
Vacation Rate. 14.11 Field Staff. Regular Field employees shall receive twenty (20) days vacation per calendar year. The amount of vacation shall be increased to twenty-five (25) days after five full years of employment. New employees shall be credited a prorated portion of the annual vacation in their first year measured from the employee’s date of hire.
Vacation Rate. EMPLOYEES shall receive vacation and vacation in lieu of the current eleven (11) holidays (New Year's Day, Washington's Birthday, Memorial Day, Independence Day, Labor Day, Admissions Day, Columbus Day, Veterans Day, Thanksgiving Day, Friday following Thanksgiving Day and Christmas Day) in accordance with the following schedule:

Related to Vacation Rate

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • 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.

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