VACATION TIME AND VACATION PAY Sample Clauses

VACATION TIME AND VACATION PAY. 13.01 a) Employees shall be entitled to an amount equal to six percent (6%) of their gross earnings as vacation pay.
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VACATION TIME AND VACATION PAY. Vacation Pay Employee’s vacation periods will operate on a current year basis for pay outs and qualifying time. In order to qualify for vacation pay an employee will have worked 1010 hours between January 1st and December 31st of any year of the contract. Vacation hours and union hours will be counted as hours worked. Vacation pay will be issued upon the employee’s written request, one (1) week notice required. Employees requesting vacation pay without qualifying with 1010 hours, will be advanced their vacation pay by the Company. If it is found that an employee has been paid vacation pay, but does not have the required hours in to qualify for that pay, the Company will make arrangements with the employee for repayment to the Company of that portion of vacation pay to which the employee was not entitled to receive. These amounts may be repaid by direct payment or by payroll deduction, as agreed to by the Company and employee at the time the arrangements are made. Vacation pay not taken in any calendar year, as well as any “greater than” amounts, will be paid out at the close of the calendar year. Each employee will be eligible for vacation pay based upon a percentage of that employee’s gross earnings, from the pay period closest to January 1st, of the current year, to the pay period ending on the date closest to December 31st of the current year as follows:
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VACATION TIME AND VACATION PAY. 32.01 All employees shall earn vacation credits based upon their service. Employees earn vacation pay as a percentage of hourly gross earnings. Vacation time is an entitlement and is based on service with the Employer.
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VACATION TIME AND VACATION PAY. 12.01 Vacations shall be granted to all employees in accordance with the following schedule: Period Worked Time Off Vacation Pay 0 – 5 years 2 Weeks 4 percent 5 – 10 years 3 weeks 6 percent 10 years and over 4 weeks 8 percent The percentage of vacation pay contemplated above and remitted pursuant to Article 12.04 shall increase on the first (1st) pay following the employee’s anniversary seniority date which triggers an increase. With respect to additional vacation time off during the calendar year, it shall be prorated from the employee’s triggering anniversary seniority date.
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VACATION TIME AND VACATION PAY. 14.01 Employees shall be entitled to vacation time and pay as follows:
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VACATION TIME AND VACATION PAY. The Executive will be entitled to Four (4) weeks’ vacation per year to be taken at a time or times acceptable to the Company, and shall increase at the rate of One (1) week per year annually, to a maximum of Six (6) weeks per year. Accumulated but unused vacation time may be carried over from year to year. In the event that any such unused vacation time exists at the time of the Executive’s Termination Date, tl1e Executive shall be compensated for such unused vacation time within 30 days of termination.
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VACATION TIME AND VACATION PAY. Vacation Pay Employee’s vacation periods will operate on a current year basis for pay outs and qualifying time. In order to qualify for vacation pay an employee will have worked 1010 hours between January 1st and December 31st of any year of the contract. Vacation hours and union hours will be counted as hours worked. Vacation pay will be issued upon the employee’s written request, one (1) week notice required. Employees requesting vacation pay without qualifying with 1010 hours, will be advanced their vacation pay by the Company. If it is found that an employee has been paid vacation pay, but does not have the required hours in to qualify for that pay, the Company will make arrangements with the employee for repayment to the Company of that portion of vacation pay to which the employee was not entitled to receive. These amounts may be repaid by direct payment or by payroll deduction, as agreed to by the Company and employee at the time the arrangements are made. Vacation pay not taken in any calendar year, as well as any “greater than” amounts, will be paid out at the close of the calendar year. Each employee will be eligible for vacation pay based upon a percentage of that employee’s gross earnings, from the pay period closest to January 1st, of the current year, to the pay period ending on the date closest to December 31st of the current year as follows: To qualify for the “whichever is greater” clauses that follow, an employee will have worked for a minimum of one thousand and ten (1,010) hours, with vacation and union hours also counted. Less than one (1) year’s seniority, 4% of earnings. One (1) but less than five (5) years seniority, 4% of earnings or eighty (80) hours pay at straight time hourly rate, whichever is greater. Five (5) or more, but less than ten (10) years seniority, 6% of earnings, or one hundred twenty (120) hour pay at straight time hourly rate, whichever is greater. Ten (10) or more, but less than fifteen (15) years seniority, 8% of earnings, or one hundred sixty (160) hours pay at straight time hourly rate, whichever is greater. Fifteen (15) years or more, 10% of earnings, or two hundred (200) hours pay at straight time hourly rate, whichever is greater. Vacation pay will only be issued as follows:
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VACATION TIME AND VACATION PAY. All employees shall earn vacation credits based upon their service. Employees earn vacation pay as a percentage of hourly gross earnings.Vacation time is an entitlement and is based on ser- vice with the Employer. For the purpose of this Article, “gross wages” is defined as an employee’s regular hourly earnings, overtime earnings, paid leave of absence earnings and holiday pay. The vacation time and pay for regular full-time employees is listed below. As full-time schedules may vary daily, the vacation entitlementis expressed in total hours rather than days. I Years of Hours Per Calendar Vacation Service First five years hours hours After ten years hours On each January full-time employees will be advanced the full year’s vacation time and pay for their service. The advanced pay will be based on expected regular full-timehours. If an employee commences, terminates or changes status part-time to full-time) during the year, their credits will be advanced at that time pro-rated for the calendar year. Xxxx- tion may not be taken, except in exceptional circumstances, in the first six (6)months following a change to full-time status. Vacation time for all employees must be taken during the calendar year in which it was earned, except for exceptionalcircum- stances. Each department will designate when vacation can be taken and how many employees may be off at any one time. If a full-time employee terminates employment and has been paid more vacation than the year’s entitlement, the extra vacation paid will be deducted from their final pay. If a full-time employee is absent from work for more than three (3) months of the year, his or her vacation pay advance for the following year will be adjusted on a prorated basis. An employee who has earned vacation credits under the terms of this article and retires, quits or is terminated, shall receive payment in lieu of vacation due such employee. In the case of death, such employee’s authorized beneficiary or estate shall be entitled to such employee’s payment in lieu of vacation. Vacation Entitlement for Part-Time Employees Part-time employees will receive vacation payment instead of vacation days, on the following basis. The vacation entitlement is based on years of continuous service with the Employer. For part-time employees, vacation is paid out and calculated on total earnings for the pay period. Part-time employees may book their corresponding weeks and days of unpaid vacation time each year. Weeks above must be ta...
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Related to VACATION TIME AND VACATION PAY

  • Vacation Pay (d) Paid Union leaves. All other payments, premiums, allowances etc. are excluded.

  • Accrued Vacation It is further agreed by the parties hereto that, upon sale or transfer of ownership of any store or upon dissolution of business, vacation pay for all months worked for which no vacation pay has been given shall be immediately paid to all employees coming under this Agreement, regardless of length of time said employee has been with the Employer.

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to fifteen (15) paid vacation days per calendar year (prorated for partial years) in accordance with the Company’s vacation policies, as in effect from time to time that is at least as favorable as that provided to other similarly situated executives of the Company. The Executive shall receive other paid time-off in accordance with the Company’s policies for executive officers as such policies may exist from time to time.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no longer than the fiscal year immediately following the fiscal year in which it is earned.

  • Accrued Salary and Vacation On the Separation Date, the Company will pay you all accrued salary and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • 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; 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; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

  • Vacation Time After the Trial Period is complete, the Employee is entitled to days off per year of which is required to be mutually benefiting of the Employer and the Employee. It is required for the Employee to give notice before scheduling their vacation in accordance with Company policy. Any unused Vacation Time shall be (check one): ☐ - Converted to cash at the end of the year at a rate of $ per day. ☐ - Eligible to rollover up to days to the next year. ☐ - Forfeited at the end of the year. ☐ - Other: .

  • Vacation; Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

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