Banking of Statutory Holiday Pay Sample Clauses

Banking of Statutory Holiday Pay. Employees working twelve (12) hour shifts (as defined in Article 14.03) will be permitted to bank one day's holiday pay (eight hours) per week of vacation entitlement with the following conditions:
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Banking of Statutory Holiday Pay. The Employer agrees to allow full time employees to bank Statutory Holiday pay up to a maximum of forty (40) hours at the rate it was originally accumulated. Employees will only be able to take banked time in up to eight (8) hour blocks. As an employee uses an eight (8) hour block, they may replenish their bank to a maximum forty (40) hours. The time may be taken in the year it was earned. Each employee who is continuously employed for four (4) or more hours in a work day shall be given a fifteen (15) minute rest period during each four (4) hours of continuous employment in any work day.
Banking of Statutory Holiday Pay. The Employer agrees to allow full time Employees to bank Statutory Holiday pay up to a maximum of eighty-eight (88) hours at the rate it was originally accumulated. Employees will only be able to take banked time in up to eight
Banking of Statutory Holiday Pay. All employees who work Statutory Holidays shall have the option to bank the Statutory Holiday Pay. Any Statutory Holiday pay that is not specifically directed to be banked will automatically be paid out. Banked hours can be accessed pursuant to Article 31.
Banking of Statutory Holiday Pay. Employees may elect to bank up to five (5) days of statutory holiday pay (the normal day’s pay in 11.03(a)), which shall be taken at a time to be mutually agreed upon by the Employer and the employee, either as a block or as individual days. Upon written request, employees shall be paid out their banked statutory holiday pay. Banked statutory holiday pay may be carried over from year to year but cannot exceed five (5) days in total.

Related to Banking of Statutory Holiday Pay

  • Statutory Holiday Pay Employees who qualify for statutory holiday pay shall be paid an average day's pay on the Statutory Holidays above, based on the following: amount paid / days worked. “Amount paid” is the amount earned by the employee for work done during the thirty (30) calendars day period preceding the statutory holiday, including vacation pay but excluding overtime pay. “Days worked” is the number of days the employee worked or earned wages during that thirty (30) calendar day period.

  • Statutory Holiday All time worked on such Statutory Holidays as are provided for in this Agreement shall be considered as overtime and shall be paid at two hundred percent (200%) of the employee's regular straight-time rate, or the employee may elect to be paid straight-time rates for the overtime hours and take an equal number of hours as time off. Such time off must be taken according to a schedule acceptable to the employee's Supervisor within thirty (30) days of the end of the pay period in which the overtime was worked.

  • Banking of Overtime (i) Tour Workers who work in excess of eight (8) consecutive hours shall have the option of receiving the overtime premium on the basis of this Section or of receiving straight time for hours in excess of eight (8) consecutive hours and taking equivalent time off in units of not less than four (4) hours at the hourly rate for the job when the work was performed, at a time suitable to the employee and the Company during the contract year. Any overtime remaining at the end of the contract year in which it is banked may be carried over to the next contract year for purposes of taking equivalent time off. If equivalent time off is not taken by the end of the contract year following the contract year in which it is earned, the Company shall pay the deferred one-half premium pay. Tour Workers who choose to bank overtime may later re-elect to receive the deferred one-half premium pay.

  • 000 STATUTORY HOLIDAYS 18.100 The following days will constitute the recognized holidays within the terms of this agreement. Any other holiday proclaimed by either the Provincial or Federal Government will be automatically recognized within this Agreement.

  • STATUTORY HOLIDAYS 12.01 The following holidays shall be recognized as legal holidays: New Year’s Day Labour Day Good Friday Thanksgiving Day Victoria Day Christmas Day Dominion Day Boxing Day Civic Holiday

  • Public Holiday 6.1 The Worker shall be entitled to public holidays in accordance with the labour laws in Malaysia.

  • Civic Holiday Labour Day Thanksgiving Day Christmas Day (December 25) Boxing Day (December 26) In addition to the above noted holidays, full-time employees will be eligible for two (2) floating holidays. The float holiday will be scheduled at a mutually agreeable time prior to the end of the calendar year.

  • 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.

  • Holiday Falling on Saturday or Sunday For an employee whose normal workweek is from Monday to Friday and when any of the above-noted holidays falls on a Saturday and is not proclaimed as being observed on another day, the following Monday will be deemed to be the holiday. When a holiday falls on a Sunday and it is not proclaimed as being observed on another day, the following Monday (or Tuesday, where the preceding section already applies), will be deemed to be the holiday for the purpose of this agreement.

  • Paid Holiday Pay Payment for holidays will be made at an employee’s basic pay, except if an employee has been working in a higher paid position than her regular position for a majority of the sixty (60) working days preceding her holiday, in which case she shall receive the higher pay.

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