Tag Archives: accrued vacation pay

How to avoid pitfalls in vacation policies and practices

Three weeks’ vacation at 6%. Sounds easy doesn’t it. However, vacation policies are complex and unless you pay careful attention, it’s easy to stumble. Here’s how to avoid the major pitfalls. Employers often promise employees so many weeks of paid … Continue reading

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“Use it or lose it” Vacation Policies

Test your payroll knowledge: Under her collective agreement, Rose earns the right to 5 weeks of vacation for each completed year of employment. Rose has never taken all the vacation time she’s entitled to and now the time owing is … Continue reading

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What are Vacation Time and Pay Best Practices?

Payroll best practices are about reducing administrative burden, while at the same time increasing accuracy and compliance. Since there are such wide variances in vacation practices, it’s worth trying to shed some light on how these practices may be improved. … Continue reading

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The 4 Ways Vacations Are Commonly Paid

Vacation pay is one of those areas in payroll where there are great variations between employers. These include variations in the vacation pay rate, the number of vacation weeks provided, the earnings on which vacation pay is accrued and when … Continue reading

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Are greater vacation benefits enforceable on termination?

Many employers supply greater vacation benefits than the employment standards minimums. For example, many employers provide 3 weeks of vacation time, and vacation pay at 6%, even if the applicable employment standard only requires 2 weeks and 4%. So what … Continue reading

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