Vacation Accrual definition

Vacation Accrual means the total value for all employees of their outstanding vacation hours valued by employee at their current rate of pay.
Vacation Accrual. Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.
Vacation Accrual. While On Temporary Disability 29 Vacation Benefits For Less Than Full-Time Employees 22 Vacation Credit Accumulation 21 Vacation Of Order 52 Vacation Payoff On Retirement Or Termination 22 Vacation Redemption 22 Vacation Usage 21 VACATIONS 21 W Variable Work Hours Program 17 Waiver And Limits 47 Welfare Investigator Industrial Leave 29 Work On Holidays 24 Work Schedule Changes..............................................17 Written Order For Demotion, Suspension, Reduction Work Schedules 16 In Pay, Dismissal 48

Examples of Vacation Accrual in a sentence

  • After having served in the state service for six (6) months, employees shall be credited with the appropriate earned vacation leave and thereafter vacation leave shall be accumulated or prorated on the appropriate schedule as follows for (a) full-time employees; (b) seasonal employees; and (c) part-time employees: Length of State Service: Vacation Accrual Rate: After six months (minimum 1,040 hours) (a) through 5th year; (b) 5th annual season; or, (c) 60th months.

  • Vacation Accrual during Leave and Cash-Out of Accrued Vacation at Commencement of Leave Unit members called into active military service (other than temporary military service) shall, following their qualifying year of service for vacation, continue to accrue vacation during their military service, subject to the same maximum accrual requirements as active City employees.

  • Vacation Accrual: At the discretion of the Human Resources Manager, the employee may be offered credit for up to the total number of prior full years of service at the City of Santa Barbara and/or his or her immediate previous government employer toward the initial vacation accrual rate.

  • Section 14 – Vacation Accrual for 12-month EmployeesFor 12 month employees hired on or after 7/1/2014, vacation accrual will begin with the first pay period at the rate established for the appropriate employee group.Vacation is eligible to be used as soon as it is accrued.

  • Employees will earn vacation in the current year (Vacation Accrual Year) for use in the 3 subsequent calendar year (Vacation Usage Year).


More Definitions of Vacation Accrual

Vacation Accrual. Accrual is based on time worked in affected year. (Normally, accrued vacation will be used prior to the commencement of Deferred Salary Leave; however, utilization may be related to operational needs for program offerings). Annual leave credits are not earned during the period of leave. Increments: Employees on Deferred Salary Leave are entitled to normal anniversary progression. Progression will be activated upon return from Leave.
Vacation Accrual means the amount to be reflected as an accrued expense within the Estimated EDNA and the Net Assets Statement, representing accrued and unused xxxation entitlements of the Company's employees for the period January 1, 2008 through the Effective Time, plus any accrued and unused vacation entitlements carried over from prior calendar years, inclusive in each case of the employer's share of FICA, FUTA and any other applicable payroll Taxes on such amounts.
Vacation Accrual has the meaning specified in Section 2.1. Exhibit A November 13, 1998 SCI Technology, Inc. 0000 Xxxx Xxxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxx 00000 Ladies and Gentlemen: The undersigned has served as counsel to Intergraph Corporation, a Delaware corporation ("Intergraph"), in connection with the negotiation, execution and delivery of that certain Asset Purchase Agreement, dated as of November 13, 1998 (the "Asset Purchase Agreement"), by and between Intergraph and SCI Technology, Inc., an Alabama corporation ("SCI"), and in connection with the transactions provided for and contemplated by the Asset Purchase Agreement and the Transaction Documents (collectively, the "Transactions"). This opinion letter is rendered to you pursuant to Section 6.1(k) of the Asset Purchase Agreement. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Asset Purchase Agreement. In giving this opinion, the undersigned has examined originals or documents certified or otherwise identified to his satisfaction as copies of the following documents, and, to the extent deemed appropriate by the undersigned, has relied on the following documents:
Vacation Accrual shall have the meaning specified in Section 1.3(c).
Vacation Accrual means the accrued paid-time-off Liability of the Business provided for on the Balance Sheet.
Vacation Accrual means the aggregate liability for unused vacation time to which employees of the Business who are hired by Xxxxx are entitled as of the Closing (regardless of whether such unused vacation time and sick time is accrued on the books and records of Seller), as mutually agreed upon by Xxxxx and Seller from the books and records of Seller as of Closing.
Vacation Accrual shall have the meaning set forth in Section 1.6(a).