Common use of Month Year Clause in Contracts

Month Year. For the purpose of this Agreement and method of computing wage increments, benefits, and conditions of employment herein seniority shall accrue based upon continuous hours compensated from most recent date of hire. A month shall be defined as 173.3 hours compensated and a year shall be defined as 2,080 hours compensated. Compensated hours are defined as vacation, holiday, sick leave, paid leave of absence, time off due to low census and time worked exclusive of standby pay and overtime premium pay.

Appears in 2 contracts

Sources: Rn Agreement, Collective Bargaining Agreement