HOLMES AND NARVER
ENGINEERS

Page 1 of 1

Contract AT-(20-1)-507

OVERTIME, HOLIDAY, VACATION,AND SICK LEAVE POLICIES

Fiscal Bulletin No. 1, Revision No. 1
March 29, 1950

TO:

THE STAFF

FROM:

C. H. THOMPSON, CHIEF FISCAL OFFICER

Reference is made to Controller's Bulletin No. 8, dated July 5, 1949,
cancelled and replaced by Fiscal Bulletin No. 1, dated January 25, 1950,
which is hereby supplemented.

The brief 1949 Vacation Leave granted Job #640 employees, by exten-

sion of the "vacation year period" to July, in lieu of April 30, as provided
by Controller's Bulletin No. 8, was authorized for the sole purpose of extending to employees of the new Project office a measure of good will and
recognition of their services. By virtue of the discretionary authority
extended us, under the terms of Contract AT-(29-1) -507, the above refer-

enced deviation from our policy, as established for our permanent enployees, was intended as an added “fringe benefit" for the new employees
on Job #OLO .

It definitely was not our intent to reduce the 1950 Vacation

Leave of Job #640 employees to compensate for the two or three days Vacation Leave allowed during 1949.

Fiscal Bulletin No. 1 is also hereby supplemented to provide that in

accordance with our established policy, a minimum of six months employment
ig required before Vacation Leave accrued as of April 30, at the rate of 5/6
of a day per calendar month, will be authorized.
Upon termination, however, earned accrued Vacation Leave will be paid,
regardless of term of employment, except that employees discharged for
cause, or causes as determined by the Management, prior to six month's
service, will be considered as having automatically forfeited any Vacation
Leave accrued, in accordance with established company policy.

In accordance with established company policy, discretionary authority is vested in this office to approve Excused Leave with pay for
employees absent due to a death, or serious illness, in the family, Religious Holidays, working conditions considered detrimental to the health
of employees, or for other reasons deemed proper and justifiable.

The above will clarify and supplement Controller's Bulletin No. 8

and Fiscal Bulletin No. 1, in order that they will accurately reflect the
intent and policy of the company with respect to Vacation Leave.

CHT: RIC: vp

ce:

Controller (3)

Auditor in Charge

11-68

C. H. Thompson

Chief Fiscal Officer

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