Paid Vacation definition
Examples of Paid Vacation in a sentence
Paid Vacation Days may be substituted for these days at the employee's option.
Your Annual Paid Vacation Allowance may be used at any time, subject to the Company’s policies regarding vacations.
Executive will be entitled to not less than the number of weeks of "Annual Paid Vacation" set forth on Exhibit A and all legal holidays during which time his or her applicable compensation will be paid in full.
Days of CCS for One Day of Paid Vacation" means days of cumulative compensated service, or the major portion thereof, accumulated in the previous calendar year, which is required for one day of paid vacation.
Health Insurance ---------------- As provided in the Company's standard insurance policy for executive officers Annual Paid Vacation -------------------- 20 days Other Compensation ------------------ As determined by Chief Executive Officer of the Company.
After completion of the probationary period, all employees shall be entitled to paid vacation leave earned in accordance with the following schedule: Years of Seniority Paid Vacation Maximum Accumulation 6 - 10 105/120 Hours Per Year 210/240 Hours 11 - 15 140/160 Hours per Year 280/320 Hours 16 and over 175/200 Hours per Year 350/400 Hours The vacation year shall be the calendar year and all accumulation maxima are as of each succeeding January 1, with no limit on accumulation between each January 1.
Any Paid Vacation, paid personal leave, or paid sick leave provided for under the Master Agreement must be exhausted before the employee is eligible for an unpaid leave (to a combined maximum of 12 weeks as per the FMLA).
Employee is allowed 20 days of Paid Vacation, 10 Days of Continuing Education (with a Continuing Education Allowance of $1,000 per year, cumulative for three years), and 12 days paid sick leave per year, in accordance with carry-over and maximum accrual provisions outlined in the personnel handbook.
Paid Vacation may be carried over from one calendar year to the next calendar year; provided however, at any time the Executive has accrued a total of twenty (20) days of Paid Vacation, the Executive will cease to accrue further Paid Vacation until the Executive’s accrued Paid Vacation shall have fallen below the maximum accrual amount of twenty (20) days.
Paid Vacation Total Days Note: The number of holidays stated above is effective July 1, 2019.