Common use of Computation of Vacation Pay Clause in Contracts

Computation of Vacation Pay. Vacation pay for each week of vacation shall be computed on the basis of one-fifty-second (l/52nd) of the gross annual earnings of the employee during the twelve (12) month period immediately prior to his anniversary date. A detailed method of computation of an employee's vacation earnings must accompany the employee's vacation check, including the amount of the gross earnings upon which vacation earnings were computed and the time period covering such gross earnings.

Appears in 1 contract

Sources: Local Rider

Computation of Vacation Pay. Vacation pay for each week of vacation shall be computed on the basis of one-fifty-fifty- second (l/52nd1/52nd) of the gross annual earnings of the employee during the twelve (12) month period immediately prior to his anniversary date. A detailed method of computation of an employee's vacation earnings must accompany the employee's vacation check, including the amount of the gross earnings upon which vacation earnings were computed and the time period covering such gross earnings.

Appears in 1 contract

Sources: Local Rider