Vacation Bonus Sample Clauses

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.
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Vacation Bonus. In addition to pay for the above, there shall be an additional payment of $200.00 for every week of vacation entitlement to be known as vacation bonus. Employees will receive the vacation bonus in the first pay period in June of each year. The vacation bonus payments will be included as a pensionable earning.
Vacation Bonus. In calculating vacation pay for employees entitled to a regular vacation in accordance with Article 14.02 a vacation bonus equivalent to twenty percent of the regular vacation pay shall be paid in addition to the regular vacation pay except as provided in Article 14.07. Vacation bonus shall be paid by separate cheque on a common date selected by the Company prior to May 15 each year.
Vacation Bonus. A vacation bonus of $250 per week will be paid to Employees for each week of vacation taken in the ten
Vacation Bonus. Employees will receive vacation bonus of one (1) week’s pay, based on their work hours provided that;
Vacation Bonus. In addition to the normal vacation pay provided by Section 15:05, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are established, assuming that all such vacation leaves will be paid for on the basis of wage rates then in effect. The bonus will be paid in a lump sum on the pay day prior to July 1st in each year except that any employees who take vacation subsequent to May 1st and prior to July 1st may request their vacation bonus upon one week of advance notice. As of May 1st of each year employees who have three years or more seniority will be paid a vacation bonus of 20% of their normal vacation payment.
Vacation Bonus. In addition to the normal vacation pay provided by Section 21.01, a vacation bonus for certain employees will be established on May 1st of each year when vacation leaves are established. Assuming that all service vacation leave will be paid for on the basis of wage rates then in effect vacation bonus will be paid at the commencement of the employee’s annual vacation. The vacation bonus will be calculated as follows:
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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. On retirement or termination, vacation bonus payout will be prorated based on the employee’s VCD. 5 Relevant work experience of one year or more is required to receive this credit. 6 Relevant work experience of two years or more is required to receive this credit.
Vacation Bonus. For every four consecutive days of the current year’s vacation that an employee takes during January, February or March each year, an additional one (1) day of vacation will be provided and must be taken during the same time period. NOTE: This provision does not apply to carryover vacation which must be used prior to using the current year’s vacation entitlement. In the calendar year in which a regular employee completes: 26 years' service - 1 day's base pay 27 years' service - 2 days' base pay 28 years' service - 3 days' base pay 29 years' service - 4 days' base pay 30 years' service - 5 days' base pay 31 years' service - 6 days' base pay 32 years' service - 7 days' base pay 33 years' service - 8 days' base pay 34 years' service - 9 days' base pay 35 years' service - 10 days' base pay and beyond The vacation bonus shall be calculated on the employee's base rate of pay as of July 1st of the year in which the bonus is payable. These bonuses are payable on the closest payday to July 1st of each year. Regular Part-Time Employees
Vacation Bonus. (a) At the start of each new taxation year a regular employee shall receive a vacation bonus equal to four percent of basic salary received in the preceding taxation year. At the BCGEU's discretion, employees may be allowed to take paid time off equivalent to four percent of basic salary received in the preceding taxation year in lieu of the four percent vacation bonus. The vacation bonus shall be payable on the first pay date following January 31st.
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