2023 December Board Book

V.

Board Employees

A. VACATION

Eligibility and Accrual

Temporary and part-time employees do not accrue paid vacation.

Regular full-time employees are entitled to standard vacation accruals as follows: *

Vacation To Be Earned** All vacation will be accrued on a monthly basis by dividing annual vacation amount by twelve.

Length of Service With CMAB

Minimum of 2 weeks per year (0.833 days per month) or a higher amount of vacation time/year agreed to at the time of hire. Vacation accrual rate with prior employer will be considered in setting initial rate. The accrual rate cannot exceed 4 weeks/year.

1 month to 36 months (3 years)

Minimum of 3 weeks per year (1.25 days per month) or one week more per year than the employee’s initial accrual rate. The accrual rate cannot exceed 4 weeks/year.

37 months to 120 months (10years)

4 weeks per year (1.666 days per month) The accrual rate cannot exceed 4 weeks/year.

121 months and over

*Employees hired prior to 1998 are subject to a separate vacation accrual schedule and maximum.

** For purposes of this section on vacation leave and other paid leave, including but not limited to sick leave, bereavement leave, etc., a “week” for both accrual and use of leave is defined as 5 days and a “day” as 8 hours for full -time regular employees.

Vacation can accrue up to a maximum of 10 paid weeks (400 hours). No additional vacation will be earned until accrued vacation time is used or paid out as follows:

Eligible employees may carry over accrued but unused vacation from one year to the next but accrual may not exceed 50 days (400 hours). We encourage employees to use their vacation time, but we recognize that due to the nature of some employees’ jobs, it i s difficult to schedule a vacation each year. Therefore, CMAB will allow employees to sell back unused vacation time up to 10 days per year.