vacation pay


Also found in: Financial, Wikipedia.
Related to vacation pay: Holiday Pay

vacation pay

n
Canadian the wages which an employee is legally entitled to receive either as a paid vacation or in lieu of it
Mentioned in ?
References in periodicals archive ?
A payment equal to his base salary through the termination date, plus a pro-rata portion of his target bonus for the year and accrued vacation pay
Clarified standards for vacations and vacation pay.
Keep in mind that the proposed 457(f) regulations that the Treasury Department issued last June include a facts and circumstances definition of what constitutes bona fide sick leave and vacation pay, as opposed to disguised deferred compensation.
The package includes end of service benefits (indemnity as per the labour laws of Kuwait), paid 3 months Summer Vacation Pay.
MacInnis said an official with First Nickel assured her the mine employees received any wages and vacation pay owed to them.
The negotiations on the payment manner and amount of the vacation pay will continue on Monday.
Other sizable differences in access rates are between the 30-35-and the 35-40-hours categories for sick leave (18 percentage points) and vacation pay (20 percentage points), and between the 35-40 and the 40-or-more-hours categories for holiday pay (15 percentage points) and sick leave (14 points).
The lawsuit seeks compensation to the players for their back wages, overtime pay, holiday pay and vacation pay which should have been paid to them while they played.
Are there written contracts or employee-type benefits (that is, pension plan, insurance, vacation pay, etc.
Individuals considered employees may be entitled to benefits and rights, such as overtime pay, vacation pay, and minimum wage, included in their province's respective Labour Standards or Employment Standards Codes.
106, "Employers' Accounting for Postretirement Benefits Other Than Pensions," requires private-sector for-profit and nonprofit organizations to recognize retiree healthcare plans as deferred compensation, there is no liability to record because no employer funding is required other than the deposit of unused vacation pay into employees' HSA or VEBA accounts.
17, Congress is debating providing vacation pay to what they label as 800,000 nonessential employees.