Common use of Calculation Formula Clause in Contracts

Calculation Formula. All vacation allowances shall be calculated to July 1st of the current year, provided that, for the purpose of calculating vacation entitlement, any employee whose seniority dated between July 2nd and September 30th shall be deemed to have started work on that July 1st.

Appears in 4 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement