Common use of VACATION WITH PAY Clause in Contracts

VACATION WITH PAY. 22:01 Employees earn vacation time with pay (vacation credits) on the following basis: Accrual Period Monthly Accrual Rate (months) (monthly) First 60 months 1.25 days per month 61 to 72 months 1.33 days per month 73 to 84 months 1.417 days per month 85 to 96 months 1.5 days per month 97 to 108 months 1.583 days per month 109 to 132 months 1.667 days per month 133 to 156 months 1.75 days per month 157 to 168 months 1.833 days per month 169 or more months 2.083 days per month Vacation entitlement shall not be rounded up or down. Employees shall be entitled to take vacation credits earned to the nearest half (1/2) day. Vacation credits of less than half (1/2) a day shall be carried forward and shall continue to accrue. For clarity, an employee who commenced work on April 30, 1994, and who had no outstanding vacation credits as of May 1, 1999, will accumulate eleven (11) days of paid vacation credits as of December 31, 1999 (sixty-eight (68) months’ service, monthly accrual rate of 1.33 days per month). The period from May 1, 1999 to December 31, 1999 is eight (8) months, therefore vacation credit calculation is 8 x 1.33 = 10.64 days. The employee is entitled to take vacation to a maximum of 10.5 days as they are earned during this eight (8) month period. The remaining entitlement (0.14 day) shall be carried forward.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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VACATION WITH PAY. 22:01 Employees earn vacation time with pay (vacation credits) on the following basis: Accrual Period Monthly Accrual Rate (months) (monthly) First 60 months 1.25 days per month 61 to 72 months 1.33 days per month 73 to 84 months 1.417 days per month 85 to 96 months 1.5 days per month 97 to 108 months 1.583 days per month 109 to 132 months 1.667 days per month 133 to 156 months 1.75 days per month 157 to 168 months 1.833 days per month 169 or more months 2.083 days per month Vacation entitlement shall not be rounded up or down. Employees shall be entitled to take vacation credits earned to the nearest half (1/2) day. Vacation credits of less than half (1/2) a day shall be carried forward and shall continue to accrue. For clarity, an employee who commenced work on April 30, 1994, and who had no outstanding vacation credits as of May 1, 1999, will accumulate eleven (11) days of paid vacation credits as of December 31, 1999 (sixty-eight (68) months’ service, monthly accrual rate of 1.33 days per month). The period from May 1, 1999 to December 31, 1999 is eight (8) months, therefore vacation credit calculation is 8 x 1.33 = 10.64 days. The employee is entitled to take vacation to a maximum of 10.5 days as they are earned during this eight (8) month period. The remaining entitlement (0.14 day) shall be carried forward.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

VACATION WITH PAY. 22:01 Employees earn vacation time with pay (vacation credits) on the following basis: Accrual Period Monthly Accrual Rate (months) (monthly) First 60 months 1.25 days per month 61 to 72 months 1.33 days per month 73 to 84 months 1.417 days per month 85 to 96 months 1.5 days per month 97 to 108 months 1.583 days per month 109 to 132 months 1.667 days per month 133 to 156 months 1.75 days per month 157 to 168 months 1.833 days per month 169 or more months 2.083 days per month Vacation entitlement shall not be rounded up or down. Employees shall be entitled to take vacation credits earned to the nearest half (1/2) day. Vacation credits of less than half (1/2) a day shall be carried forward and shall continue to accrue. For clarity, an employee who commenced work on April 30, 1994, and who had no outstanding vacation credits as of May 1, 1999, will accumulate eleven (11) days of paid vacation credits as of December 31, 1999 (sixty-eight (68) 68 months’ service, monthly accrual rate of 1.33 days per month). The period from May 1, 1999 to December 31, 1999 is eight (8) months, therefore vacation credit calculation is 8 x 1.33 = 10.64 days. The employee is entitled to take vacation to a maximum of 10.5 days as they are earned during this eight (8) month period. The remaining entitlement (0.14 day) shall be carried forward.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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VACATION WITH PAY. 22:01 Employees earn vacation time with pay (vacation credits) on the following basis: Accrual Period Monthly Accrual Rate (months) (monthly) First 60 months 1.25 days per month 61 to 72 months 1.33 days per month 73 to 84 months 1.417 days per month 85 to 96 months 1.5 days per month 97 to 108 months 1.583 days per month 109 to 132 months 1.667 days per month 133 to 156 months 1.75 days per month 157 to 168 months 1.833 days per month 169 or more months 2.083 days per month Vacation entitlement shall not be rounded up or down. Employees shall be entitled to take vacation credits earned to the nearest half (1/2) day. Vacation credits of less than half (1/2) a day shall be carried forward and shall continue to accrue. For clarity, an employee who commenced work on April 30, 1994, and who had no outstanding vacation credits as of May 1, 1999, will accumulate eleven (11) days of paid vacation credits as of December 31, 1999 (sixty-eight (68) 68 months’ service, monthly accrual rate of 1.33 days per month). The period from May 1, 1999 to December 31, 1999 is eight (8) 8 months, therefore vacation credit calculation is 8 x 1.33 = 10.64 days. days The employee is entitled to take vacation to a maximum of 10.5 days as they are earned during this eight (8) month period. The remaining entitlement (0.14 day) shall be carried forward.

Appears in 1 contract

Samples: Collective Agreement

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