Weeks of Vacation Sample Clauses
The "Weeks of Vacation" clause defines the amount of paid time off an employee is entitled to for vacation purposes during each year of employment. Typically, this clause specifies the number of weeks granted, outlines any conditions for accrual or use, and may address whether unused vacation can be carried over or paid out. Its core function is to set clear expectations regarding vacation benefits, helping both employer and employee plan time off and avoid disputes over leave entitlements.
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Weeks of Vacation. Full-time employees will be awarded paid vacation based on service. The first award of vacation is conferred on January 1 following the employee’s date of hire. Subsequent awards are conferred on January 1 of each year. Incremental increases in vacation days are conferred on January 1 of the year in which the anniversary year of service occurs. The amount of vacation to be conferred on each January 1 will be determined in accordance with Section 5. (b) below. All vacation must be used during the calendar year or it will be lost. Vacation day awards are set forth in the following schedule: 2-7 years 10 8-15 years 15 16-25 years 20 26 or more years 25
Weeks of Vacation. Vacation Pay As Percentage Of Applicable Gross Earnings
Weeks of Vacation. One (1) Two (2) Three (3) Three (3) Eight (8) Four (4) Twenty (20) Five (5)
Weeks of Vacation. During the step-up year, an employee may be allowed to select their vacation period, some part or all of which may be in advance of his Anniversary date for that year. However, in the event an employee who does so subsequently leaves the service of Metro prior to said Anniversary date, any excess vacation allowance previously paid for that year will be deducted in final settlement.
(A) Transportation Section: Continuous Service Period Required
Weeks of Vacation. Other Compensation & Benefits: Severance Pay: Months of Severance Benefits Continuation: Severance Pay Period in Months: CIC Window Period in Months: CIC Base Salary Multiple: CIC Bonus Multiple: Months of CIC Benefits Continuation: Restriction Period in Months:
Weeks of Vacation. For the purposes of this Article, where a calendar week is spread over two (2) months, such week shall be considered to be in the month in which the Wednesday of that week falls. This rule shall apply in determining the end of April, for scheduling vacations in accordance with Paragraph or for rescheduling vacations in accordance with Paragraph All vacations are for a full calendar year and may be between January and the end of April of the following year. Vacation entitlement shall be determined based on net credited service in the year for which the vacation is granted. the provisions of Paragraph an shall only be entitled his full vacation if he completes six (6) months of service during the year in question; one (1)week’s vacation if he completes less than six (6) months of service during the year in question. Where a Corporation holiday falls during an employee’s annual vacation, he shall be entitled to a day off with pay, on a day convenient to the employee and the Corporation. Where an employee is taken ill or meets with an accident before leaving work on the last day preceding the vacation, and it is impossible for him to take his vacation, the Corporationshall reschedule such vacation at a later date in the calendar year for which the vacation is granted, or at another date in accordance with Paragraph The employee may take his vacation separately or in its entirety. Vacation shall normally be taken in full weeks and start at the beginning of the calendar week.
Weeks of Vacation. 5 Effective January 1, 2016, the company will move from an accrued vacation pay system to a current year vacation system. An employee shall be paid during vacation at his basic rate of pay in effect at the time of his vacation but, vacation pay for an employee each year shall not be less than two (2) % of his earnings in the calendar year for which the vacation is given, for each week of vacation. Employees on Company payroll as of December 31st, 2015 have accrued vacation pay entitlement calculated by taking the number of weeks of vacation entitlement as of December 31st, 2015 multiplying the number of weeks by 2% and then multiplying this percentage by the employee's gross earnings for 2015. (e.g. 4 weeks entitlement = 8% x gross earnings). Employees with 2015 accrued vacation pay entitlement will have the option of either getting paid out the amount as a lump sum, or retaining their 2015 accrued vacation for use as paid time off (additional vacation). Employees will have to advise their manager of their choice within 60 days of the ratification of the new collective agreement. The choice, once made, is irrevocable. Employees who decide to take their 2015 accrued vacation as paid time off will have this additional vacation put in an Accrued AV Bank. Employees will be allowed to use up to two weeks of their Accrued AV Bank per year until depleted. It is understood that the approval and scheduling of Accrued AV Bank time will be outside of the regular vacation approval process, and approved in order of seniority, subject to Company service requirements. Employees who decide to get their 2015 accrued vacation paid out as a lump sum will receive their full amount by the expiration date of the current collective agreement. The Company will determine the exact payment date and all employees will receive their lump sum amount on the same payment date. If an employee leaves the Company prior to the payment date, the amount will be paid out upon termination. When an employee leaves (resigns, is terminated, or is laid off), the employee will receive current year termination vacation pay in lieu of vacation calculated as follows:
Weeks of Vacation. Less than 1 year .833 days per full month worked 1 or more, less than 5 2 weeks 5 or more, less than 11 3 weeks 11 or more, less than 20 4 weeks 20 or more 5 weeks
Weeks of Vacation. First Date Worked - June 30 Year 1 Prorated based on 5 days 5 days Year 2-4 10 days Year 5-9 15 days Year 10 or more 20 days To be eligible for a full vacation in the current contract year (not new to the district), an employee must have been paid for 80% of their regularly scheduled working hours in the prior contract year. An employee who was paid for less than 80% of their regularly scheduled working hours in the prior contract year shall receive a pro-rated vacation allowance based on their actual percentage of paid hours worked.