Alternate Holiday Time Bank Sample Clauses

Alternate Holiday Time Bank. In lieu of payment in cash at the overtime rate for hours worked on a holiday as specified in Article 10, Section 2.B.2 or 4, an employee may request that such compensation be made in the form of Alternate Holiday Time. In lieu of payment in cash at straight time for holidays on which an employee does not work as specified in Article 10, Section 2.B.1 or Section 2.B.2(c), an employee may designate that such holiday compensation be made in the form of Alternate Holiday Time. When compensation for a holiday is made in the form of Alternate Holiday Time, the Alternate Holiday Time shall be placed in the employee’s Alternate Holiday Time Bank.
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Alternate Holiday Time Bank. (1) In lieu of payment in cash at the overtime rate for hours worked on a holiday as specified in Article 10, Section 2.B.2 or 4, an employee may request that such compensation be made in the form of Alternate Holiday Time. In lieu of payment in cash at straight time for holidays on which an employee does not work as specified in Article 10, Section 2.B.1 or Section 2.B.2(c), an employee may designate that such holiday compensation be made in the form of Alternate Holiday Time. When compensation for a holiday is made in the form of Alternate Holiday Time, the Alternate Holiday Time shall be placed in the employee’s Alternate Holiday Time Bank. (2) The maximum amount of Alternate Holiday Time that may be accumulated is two hundred forty (240) hours. When the balance of an employee’s Alternate Holiday Time Bank is at two hundred forty (240) hours, no more Alternate Holiday Time may be accumulated. (3) An employee may liquidate his/her Alternate Holiday Time Bank during the term of his/her employment by taking time off. When an employee desires to liquidate Alternate Holiday Time by taking time off, such requests will be liquidated at a time mutually agreeable to the employee and his/her supervisor under the same terms and conditions that govern requests for vacation time off. (4) An employee’s Alternate Holiday Time Bank shall be liquidated by cash payment upon an employee’s separation from employment at the employee’s straight time hourly rate in effect at the time of separation.
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Alternate Holiday Time Bank. 7 (1) In lieu of payment in cash at the overtime rate for hours worked on a holiday as 8 specified in Article 10, Section 2.B.2 or 4, an employee may request that such 9 compensation be made in the form of Alternate Holiday Time. In lieu of payment in 10 cash at straight time for holidays on which an employee does not work as specified 11 in Article 10, Section 2.B.1 or Section 2.B.2(c), an employee may designate that such 12 holiday compensation be made in the form of Alternate Holiday Time. When 13 compensation for a holiday is made in the form of Alternate Holiday Time, the 14 Alternate Holiday Time shall be placed in the employee’s Alternate Holiday Time 15 Bank. 16 (2) The maximum amount of Alternate Holiday Time that may be accumulated is two 17 hundred forty (240) hours. When the balance of an employee’s Alternate Holiday 18 Time Bank is at two hundred forty (240) hours, no more Alternate Holiday Time may 19 be accumulated. 20 (3) An employee may liquidate his/her Alternate Holiday Time Bank during the term of 21 his/her employment by taking time off. When an employee desires to liquidate 22 Alternate Holiday Time by taking time off, such requests will be liquidated at a time 1 mutually agreeable to the employee and his/her supervisor under the same terms 2 and conditions that govern requests for vacation time off. 3 (4) An employee’s Alternate Holiday Time Bank shall be liquidated by cash payment 4 upon an employee’s separation from employment at the employee’s straight time 5 hourly rate in effect at the time of separation.
Sample 1
Alternate Holiday Time Bank. (1) In lieu of payment in cash at the overtime rate for hours worked on a holiday as 9 specified in Article 10, Section 2.B.2 or 4, an employee may request that such 10 compensation be made in the form of Alternate Holiday Time. In lieu of payment in 11 cash at straight time for holidays on which an employee does not work as specified 12 in Article 10, Section 2.B.1 or Section 2.B.2(c), an employee may designate that 13 such holiday compensation be made in the form of Alternate Holiday Time. When 14 compensation for a holiday is made in the form of Alternate Holiday Time, the 15 Alternate Holiday Time shall be placed in the employee’s Alternate Holiday Time (2) The maximum amount of Alternate Holiday Time that may be accumulated is two 19 hundred forty (240) hours. When the balance of an employee’s Alternate Holiday 20 Time Bank is at two hundred forty (240) hours, no more Alternate Holiday Time may 21 be accumulated.
Sample 1

Related to Alternate Holiday Time Bank

  • Paid Holiday Bank Employees qualify in accordance with the collective agreement. The paid holidays are identified in the Collective Agreement. Credit to the paid holiday bank will occur on the date of the holiday. Drawing from the paid holiday bank will occur at an accelerated rate of 1.25 hours paid for every hour taken (i.e. 11.25 hours worked equals 14.05 hours paid; 7.5 hours worked equals 9.375 hours paid).

  • Floating Holiday All employees except intermittent, emergency, and temporary employees shall also receive one (1) floating holiday each fiscal year of this Agreement. However, seasonal employees shall be eligible for only one (1) floating holiday per season and intermittent employees shall receive one (1) floating holiday each fiscal year of this Agreement if they complete ninety-one (91) working days in that fiscal year. Unless waived by the supervisor, the employee must request the floating holiday at least fourteen (14) calendar days in advance. The Appointing Authority may limit the number of employees that may be absent on any given day subject to the operational needs of the Appointing Authority. Any conflicts for requested holidays shall be resolved on the basis of State Seniority within the employee's work unit. The Appointing Authority shall make a reasonable effort to approve the requested holiday. Floating holidays may not be accumulated. An employee who has not requested the floating holiday by March 1 of each fiscal year or by thirty (30) calendar days prior to the end of an employee's season shall be scheduled to take a floating holiday on a day chosen by the Appointing Authority or be paid for the floating holiday in cash at the option of the Appointing Authority.

  • Christmas Day Melbourne Cup Day (or alternative days in regional areas);

  • Sick Time An employee shall have all of his/her accrued sick leave credits transferred when the employee is transferred to a different State agency.

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