Vacation Accrual for Transitioned Employees Clause Samples
The "Vacation Accrual for Transitioned Employees" clause defines how vacation time is calculated and carried over for employees who move from one employer or entity to another, typically as part of a merger, acquisition, or outsourcing arrangement. It specifies whether accrued but unused vacation from the previous employer will be honored, transferred, or paid out, and may set limits or conditions on how much vacation can be carried forward. This clause ensures clarity and fairness for both the employer and employees by addressing potential confusion or disputes regarding vacation entitlements during organizational transitions.
Vacation Accrual for Transitioned Employees. Accumulation for vacation benefits – Employees who have transitioned from temporary status to regular employee status shall accrue vacation benefits based on their total years of service (since their most recent temporary employee hire anniversary). This benefit shall only apply for time spent in full-time temporary employment before their transition to regular appointment.