Common use of ANNUAL HOLIDAY Clause in Contracts

ANNUAL HOLIDAY. 4.1. Annual holiday entitlement Minimum annual holiday entitlement shall be 24 working days. Annual holiday allowance shall be 10.17% of all wage payments, whether at daytime, after-hours or overtime rates. When calculating annual holiday, a divisor of 21.67 shall be used (Saturdays are not included). The first 5 Saturdays are not counted as part of annual holiday. (Concerning holiday entitlement, any person who has a notice period of at least one month for termination of employment shall be regarded as a permanent employee.)

Appears in 4 contracts

Samples: Collective Wage Agreement, Wage Agreement, Wage Agreement

AutoNDA by SimpleDocs

ANNUAL HOLIDAY. 4.1. Annual holiday entitlement Minimum annual holiday entitlement shall be 24 working days. Annual holiday allowance pay shall be 10.17% of all wage payments, whether at daytime, after-hours or overtime rates. When calculating annual holiday, a divisor of 21.67 shall be used (Saturdays are not included). The first 5 Saturdays are not counted as part of annual holiday. (Concerning holiday entitlement, any person who has a notice period of at least one month for termination of employment shall be regarded as a permanent employee.)

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.