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Answers

Vacation Accrual


Vacation accrual is the amount of vacation time that an employee has earned, but which has not yet been used or paid.  A vacation accrual percentage can vary based on province and number of years employed.

Commonly, an employee is entitled to two weeks of vacation per year which is equal to an accrual rate of 4% of the Gross earnings. When an employee takes vacation time and is paid vacation pay, the accrual amount will lessen.

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