Common use of Banking of General Holidays Clause in Contracts

Banking of General Holidays. Employees shall have the option of banking up to five (5) general holidays as follows: When an employee works a general holiday, they shall have the option of being paid general holiday pay or taking equivalent time off. Should an employee choose to take equivalent time off it must be taken by March 31st or be paid out to the employee at that time. Days taken as equivalent time off shall be by mutual agreement between the Employer and employee.

Banking of General Holidays. Employees shall have the option of banking up to five three (53) general holidays as follows: holidays. When an employee works a general holiday, they shall have the option of being paid general holiday pay or taking equivalent time off. Should an employee choose to take equivalent time off it must be taken by March 31st or within the following four (4) weeks failing which it will be paid out to the employee at that timeemployee. Days taken as equivalent time off shall be by mutual agreement between the Employer and the employee. Banked general holiday hours will be identified separately on each pay stub.

Banking of General Holidays. Employees shall have the option of banking up to five (5) general holidays as follows: When an employee works a general holiday, they shall have the option of being paid general holiday pay or taking equivalent time off. Should an employee choose to take equivalent time off it must will be scheduled within ninety (90) days of the actual general holiday or taken by March 31st or be paid out to with the employee at that timeemployee's next annual vacation. Days taken as equivalent time off shall be by mutual agreement between the Employer and employee.

Banking of General Holidays. Employees shall have the option of banking up to five three (53) general holidays as follows: When an employee works a general holiday, they shall have the option of being paid general holiday pay or taking equivalent time off. The employee will be paid general holiday pay unless the employee advises the Employer one (1) week in advance of the holiday of their decision to bank the general holiday. Should an employee choose to take equivalent time off it must be taken by March 31st or be paid out to the employee at that time. Days taken as equivalent time off shall be by mutual agreement between the Employer and employee.