Calculation of Holiday Pay Sample Clauses

Calculation of Holiday Pay. Accumulated vacation credits shall be itemized and shown each pay period. All employees shall receive pay on the basis of:
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Calculation of Holiday Pay. Holiday pay for employees who regularly work less than seventy-five (75) hours is based on the proration formula noted in Article 21 of this agreement. Holiday entitlement for employees who regularly work more than sixty-six (66) hours bi-weekly but less than seventy-five (75) hours bi-weekly shall be based on provisions for employees regularly working seventy- five (75) hours.
Calculation of Holiday Pay. All employees shall receive pay on the basis of: forty (40) hours at his regular rate for each week of vacation or two percent (2%) of his total earnings for the previous year per each week of vacation, whichever is the greater amount. It is understood and agreed that the "regular rate" shall be defined as the rate being paid at the time vacation is taken or at the time vacation pay is requested. It is further understood and agreed that the "regular rate" shall be the rate paid in accordance with the wage schedule, for the job or classification to which an employee is assigned. It is understood that such assignment shall be for a period of not less than four
Calculation of Holiday Pay. All employees shall receive pay on the basis of 2% of their total earnings for the previous year per each week of vacation entitlement.
Calculation of Holiday Pay. If a full-time employee qualifies for holiday pay, the holiday pay will be calculated on the basis of the full- regular scheduled shift of work.
Calculation of Holiday Pay. A. Regular employees who observe the holiday shall receive their current hourly wage rate for their regularly scheduled daily hours. They shall receive this pay provided they are in a paid status which authorizes holiday pay the day preceding the recognized holiday.
Calculation of Holiday Pay. The employee’s average hourly earnings during the immediately preceding cal- endar year form the basis for calculating holiday pay. Average hourly earnings are calculated as the sum of hourly pay plus piecework pay, including shifttype supplements, compensation for travel time, supplements for work at inconven- ient hours, overtime supplements, compensation for standby time and other supplements upon which holiday pay is based, divided by the number of hours worked. The average hourly earnings thus calculated, are increased by 4.2 per cent, which corresponds to public holiday pay. Should the average hourly earnings not be representative taking into account the basis for the calculation of holiday pay under this agreement, average hourly earnings can be adjusted. In the case of employees who are entitled to holiday pay for which average hourly earnings as above cannot be calculated, the average hourly earnings are estimated on the basis of the pay the employee would have received during the calendar year immediately preceding the leave year had he worked for the em- ployer during that year. For each paid annual leave day, the average hourly earnings calculated as above are multiplied by 8. The daily holiday pay is obtained by multiplying the amount calculated in this way by 1.22. However, the holiday pay per day for employees with at least 24 months of em- ployment at the company during the last 36 months must for adult employees amount to a minimum of SEK 1 538 from 1 April 2023 and SEK 1 586 from 1 April 2024. For employees who are minors the minimum holiday pay is SEK 1 129 from 1 April 2023 and SEK 1 164 from 1 April 2024. If, in the qualification year (the previous year from 1 April to 31 March) the employee has wholly or partly had a shorter working week than 40 hours on average per week, the figure 8, and the amount SEK 1 538 (1 586) and SEK 1 219 (1 164) per day, must be altered accordingly.
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Calculation of Holiday Pay. Eligible employees shall be entitled to holiday pay in accordance with the average straight-time hours compensated per week in the four (4) weeks preceding the holiday in question, as follows: 16 - 19 hours - 4 hours pay 20 - 23 hours - 5 hours pay 24 - 27 hours - 6 hours pay 28 - 31 hours - 7 hours pay 32 or more hours - 8 hours pay Employees shall not be laid off for the purpose of avoiding holiday pay.
Calculation of Holiday Pay. Payment shall be calculated on the basis of the Employee's daily rate excluding overtime on the last day worked prior to the holiday.
Calculation of Holiday Pay. Holiday pay will be calculated as per the ESA
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