Sentences with phrase «accrued vacation pay»

Take care of the basics first and check on eligibility for continuation of health and life insurance benefits, accrued vacation pay, unused sick pay, and other payments terminated employees may be entitled to.

Is there any part of the newly amended or existing ESA 2000 that requires an employer to pay interest to the employee on accrued vacation pay.

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

Severance and accrued vacation pay would not be forthcoming.

Not exact matches

Additionally, McDonald's announced it will allow workers who have a one - year tenure at the company to accrue paid vacation time of up to 20 hours per year.

Pay out accrued sick and vacation days.

What makes the company unique: Making Glassdoor's 2016 list of «Top 25 Companies for Vacation and Time Off,» employees at Liberty Mutual Insurance say they receive four weeks of paid vacation in addition to 1.5 days of extra vacation time accrued everVacation and Time Off,» employees at Liberty Mutual Insurance say they receive four weeks of paid vacation in addition to 1.5 days of extra vacation time accrued evervacation in addition to 1.5 days of extra vacation time accrued evervacation time accrued every month.

It also eliminates the liability and unexpected expense of paying out accrued and unused vacation days when employees leave (if you're among the companies that follow this practice).

In both provinces, any vacation days owed from before your leave, or accrued during it, must be paid out.

This leave is either paid or unpaid depending if you have any available / accrued sick and vacation pay.

The next step is to look at your accrued paid sick leave, vacation time and personal days.

Most of the money was to be paid for unused sick leave and vacation days, which the board allowed Mr. Haro to accrue as a way to offset the effects of a now - defunct state rule that had capped superintendents» salaries...

3 - 4 weeks of vacation and 12 sick days per year, which begin accruing the day you begin work; 11 1/2 paid holidays and 3 personal days (non-accruable) per year.

Effective July 1, 2001, terminal pay for accrued vacation leave may not exceed a maximum of 60 days of actual payment.

One more related tip, if you haven't done so already: Make sure any earnings or benefits owed to your wife's estate by the company (or their insurance plans) have been paid out, such as regular pay for the final pay period worked, quarterly profit sharing (if applicable), accrued but untaken vacation time (usually there is some), not - yet - reimbursed employment expenses (check her credit card statements, if she typically incurred work expenses), etc..

Think about it this way: even if you can pay off the loan or credit card easily, you are still accruing interest on your vacation.

Employee Benefits When laying off an employee, a business owner may have to pay him or her for any accrued and unused vacation.

Also talk to human resources about pay owed such as vacation and accrued time, 401K rollover options, healthcare insurance COBRA options and more.

In fact, some simply «allow» you to be paid for your paid time off of accrued vacation days and your final wages.

It provided for an annual salary of $ 65,000; the right to participate in certain benefit plans and programs; a monthly car allowance of $ 750; paid vacation days, accrued at a rate of 6 % of total earnings; use of a company laptop; and reimbursement of up to $ 150 per month for the business use of the employee's personal mobile communication device.

The employment contract not only provided for an annual salary of $ 65,000; the right to participate in certain benefit plans and programs; a monthly car allowance of $ 750; paid vacation days, accrued at a rate of 6 % of total earnings; use of a company laptop; and reimbursement of up to $ 150 per month for the business use of the Respondent's personal mobile communication device.

The point of vacation time and pay in the law is to ensure employees do take their vacation (time and pay) within a certain period of time after it is earned, not for it to accrue and never be taken.

Vacation time and final paycheck: If your employee has accrued vacation time, chances are you're required to pay them for what they've Vacation time and final paycheck: If your employee has accrued vacation time, chances are you're required to pay them for what they've vacation time, chances are you're required to pay them for what they've accrued.

Section 81 of the ESA states that directors are jointly and severally liable for all debts not exceeding six months» wages that become payable while they are directors and for the vacation pay accrued while they are directors for not more than twelve months.

Practically speaking, the impact of this change in many workplaces may be minimal, as it is common for longer service employees to accrue a paid vacation entitlement of at least this amount.

Vacation (and vacation pay) can be accrued with each paycheque if everyone involved agrees — but that can lead to confusion in the payroll department when different workers want different Vacation (and vacation pay) can be accrued with each paycheque if everyone involved agrees — but that can lead to confusion in the payroll department when different workers want different vacation pay) can be accrued with each paycheque if everyone involved agrees — but that can lead to confusion in the payroll department when different workers want different options.

131 (1) The directors of a corporation are jointly and severally liable to the employees of the corporation for all debts not exceeding six months» wages that become payable while they are directors for services performed for the corporation and for the vacation pay accrued while they are directors for not more than twelve months under the Employment Standards Act, and the regulations thereunder, or under any collective agreement made by the corporation.

But, if you're a potential employee who is leaving your current organization with five weeks of vacation accrued, it pays to negotiate rather than to accept two weeks of paid vacation as a part of a standard employment offer.

You are eligible to accrue vacation time off at x.xx hours per pay period.

Benefit package with company paid insurance, (Kaiser), after 60 days, and accrued paid vacation / personal leave after six months of full time employment.

If you have accrued unused vacation or paid time off when quitting, use this resignation letter to request compensation.

Employee Benefits, including stock, stock options, pension and profit sharing, retirement, ESOP, stock purchase, accrued sick and vacation pay, paid time off, «comp time.»

In most cases, there are no potentially thorny issues of severance pay or accrued vacation time to work through.