Calculation of Annual Holiday Pay Sample Clauses

Calculation of Annual Holiday Pay. In respect to annual holiday entitlements to which clause 7.1 applies, annual holiday pay (including any proportionate payments) shall be calculated as follows:–
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Calculation of Annual Holiday Pay. In respect to Annual Holiday entitlements to which this clause applies, annual holiday pay (including any proportionate payments) will be calculated as follows:– (a) Shift WorkersSubject to provision (c) hereof the rate of salary to be paid to a shift worker will be the rate payable for work in ordinary time according tothe Employee's” roster or projected roster, including Saturday, Sunday or holiday shifts.
Calculation of Annual Holiday Pay. Annual holiday pay for full-time and part-time employees shall be calculated as follows: (a) The employee’s ordinary wage rate, as prescribed in this agreement, for the period of the annual leave (including shift premiums and weekend penalty rates), plus night supervisory allowance, if applicable; plus uniform allowance or in addition to their ordinary pay an additional annual leave loading of fourteen percent of ordinary time whichever is the greatest.
Calculation of Annual Holiday Pay. Payment for annual holidays will be calculated on the greater of: • The employee’s ordinary weekly pay at the time of taking the holiday; or • The employee’s average weekly earnings for the 12 months prior to taking the holiday.
Calculation of Annual Holiday Pay. In respect to Annual Holiday entitlements for any period of employment completed on or after 3 December 1973, annual holiday pay (including any proportionate payments) shall be calculated as follows: (i) Subject to the provisions of (ii) hereof, in no case shall the payment by an employer to an employee be less than the sum of the following amounts: A. The employee's ordinary wage rate as defined by clause 5.3 of this Agreement for the period of Annual Holiday. B. Shift Allowance or amounts of a like nature. C. A further amount calculated at the rate of seventeen and one-half per centum of the amounts referred to in A. and B. of this paragraph. (ii) The provisions of paragraph (i) hereof shall not apply to the following: A. Any periods of Annual Holidays exceeding four weeks. B. Employers (and their employees) who are already paying (or receiving) an annual holiday bonus, loading, shift allowance or other annual holiday payment which is not less favourable to employees. (iii) Annual leave is exclusive of any public holidays occurring during the period of annual leave.
Calculation of Annual Holiday Pay. Annual holiday pay for full-time and part-time employees shall be calculated as follows: (a) The employee’s ordinary wage rate, as prescribed in clause 14 and Schedule B of this Agreement, for the period of the annual leave (excluding shift premiums and weekend penalty rates); plus uniform allowance; (b) Together with a further 17.5% additional payment related to: (i) six (6) weeks in the case of employees entitled to six (6) weeks’ annual leave, as set out in clause 31.1(a);‌ (ii) four (4) weeks in the case of all other employees entitled to five (5) weeks’ annual leave as set out in clause 31.1(b) (that is equivalent to 14% on five (5) weeks). (c) A part-time employee’s weekly hours, for the calculation of annual leave payment, shall be in the same proportion as the average number of hours worked per week, during the employee’s year of employment, equates to 38 hours per week.
Calculation of Annual Holiday Pay. Annual holiday pay for full-time and part-time employees shall be calculated as follows: (a) The employee’s ordinary wage rate, as prescribed in this agreement, for the period of the annual leave (excluding shift premiums and weekend penalty rates), plus night supervisory allowance, if applicable; plus uniform allowance. (b) Together with a further fourteen percent of the amount referred to in subclause 8.1.5 (a) The fourteen percent additional payment shall relate to all annual leave. (c) A part-time employee’s weekly hours, for the calculation of annual leave payment, shall be in the same proportion as the average number of hours worked per week during the employee’s year of employment. (d) All entitlements for annual leave, including accrued leave, shall be credited on the basis of a 38 hour week and rates of pay applicable to such leave shall be calculated on the basis of a 38 hour divisor.
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Calculation of Annual Holiday Pay. In respect to Annual Leave entitlements to which this clause applies, annual leave pay (including any proportionate payments) shall be calculated as follows:-
Calculation of Annual Holiday Pay. Calculation for annual leave will be at the base rate of pay. The employee(s) and the employer agree that this provision excludes the operation of protected conditions which deal with annual leave.

Related to Calculation of Annual Holiday Pay

  • Payment of Annual Leave Upon resignation, retirement, or dismissal of any employee in the bargaining unit, he/she shall receive a sum equal to the number of days of annual leave remaining to his/her credit, provided that any or all amounts may be applied to offset any amounts owed the state by the employee. In the event of death of an employee while in the bargaining unit, a sum equal to the number of days annual leave remaining shall be paid to his/her estate.

  • Payment for annual leave (a) Before going on annual leave, an employee will be paid the amount of wages they would have received for ordinary time worked had they not been on leave during that period. (b) At the election of the employee such payments may be paid in accordance with the usual pay day relevant to the period of leave being taken.

  • Accrual of Annual Leave (a) An employee shall accrue an amount of paid annual leave, for each completed 4 week period of continuous service with the employer, of 1/13 of the number of ordinary hours worked by the employee for the employer during that 4 week period. (b) Annual leave shall accrue on a pro-rata basis and be credited to the employee monthly.

  • Annual Holidays All colleagues covered by this Agreement are entitled to holiday entitlement (inclusive of bank holidays) as set out in the table below. The entitlement is based on a working week of 40 hours across 5 days. Colleagues working other shift patterns will have a pro rata entitlement based on their contracted hours and length of service: Number of Years Service Total Holiday Entitlement in days (inclusive of bank holidays) Holiday Hours based on 40 hour contract In First 2 years’ Service 30 240 After 2 years’ Service 32 256 After 5 years’ Service 34 272 After 15 years’ Service 36 288 The increase in holiday entitlement will be effective from the start of the holiday year (1st April) following the service anniversary. Where a colleague takes a full holiday week, the deduction from their annual leave entitlement will be based on the colleague’s weekly contracted hours. For single day absences, the number of hours deducted from the annual entitlement will be the colleague’s weekly contracted hours divided by the number of contracted days. Holiday entitlement is to be taken in the period 1st April in each year to 31st March in the following year. All holidays must normally be taken within the appropriate holiday year and cannot be carried forward from one year to the next. However, and only in exceptional circumstances, the General Manager may authorise holidays to be carried forward. If a colleague does not book holidays when requested to do so the holidays may be allocated by the manager in order to avoid holiday “congestion” or the colleague losing holiday entitlement. Any occasion when the depot is closed will be counted as a day’s holiday for a colleague scheduled to work and automatically deducted from the annual holiday entitlement. This would normally happen on public holidays such as Christmas day, or in the event of planned closures. The table below provides a broad indication of the amount of holiday that colleagues should aim to take in each period. Depots will review holiday usage against these principles to ensure that holiday is taken by colleagues and there is no congestion at the end of the holiday year. April May June July August September 50% October November December 25% January February March 25% A colleague leaving the Co-op will receive payment in lieu of any holidays accrued but untaken. The Co-op will make the appropriate deductions for any holidays taken in excess of the amount accrued. Holiday Pay is calculated to ensure compliance with the Working Time Regulations: • From April 2020, holiday pay will be calculated based on average earnings over the rolling previous 52 weeks or Basic Salary, whichever is the higher. • If a colleague has less than 52 weeks service, holiday pay will be calculated based on their average earnings over the total number of weeks during which they have been employed by us or their Basic Salary, whichever is the higher. Note: average earnings will include all elements as required by law from time to time. Holidays will not be allocated but will be offered to colleagues on a ‘first come first served’ basis with maximum quotas set for each holiday week relevant to each Depot. As the holiday year runs from the 1st April until the 31st March the weekly quotas will be published at the beginning of February for the following year’s holiday entitlements.

  • Payment for Working on a Holiday (The following clause is applicable to full-time employees only)

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Compensation for Work on a Holiday (a) Where an Employee is regularly scheduled to work, in accordance with Article 14, and their regularly scheduled day of work falls on a paid holiday, as defined in Article 18.01, they shall receive compensation equal to two and one-half (2 ½) times their regular rate of pay as follows: (i) compensation at one and one-half (1½) times their regular rate of pay, including the holiday pay, for the hours worked on the holiday; and (ii) time off with pay in lieu of the holiday on an hour-for-hour basis at a mutually acceptable time in accordance with Article 18.11. (b) Where time off with pay in lieu of the holiday has not been granted in accordance with Article 18.05(a)(ii), compensation shall be granted at the Employee’s regular rate of pay for those hours worked on the holiday.

  • Legal Holiday If the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

  • Use of Annual Leave The Employer may, upon request of a practitioner and with sufficient cause being shown, which may in the circumstances be with little notice, grant that practitioner single days of annual leave for pressing personal emergencies.

  • 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.

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