Common use of Vacation Sell-Back Program Clause in Contracts

Vacation Sell-Back Program. In November of each year, an eligible employee may sell back a maximum of 60% of his/her available vacation accrual at ⅔ of its value. This sell-back amount will be paid on the first paycheck in December.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement