Computing Overtime Pay - Holiday Pay Impact Sample Clauses

Computing Overtime Pay - Holiday Pay Impact. For the purpose of computing overtime, all holiday hours (worked of not worked) for which an employee is compensated shall be regarded as hours worked. However, it is understood that the application of this provision will not result in the pyramiding of overtime premium due to paid holidays.
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Computing Overtime Pay - Holiday Pay Impact. For the purpose of computing overtime, all holiday hours (worked or unworked) for which an employee is compensated shall be regarded as hours worked. However, it is understood that the application of this provision will not result in the pyramiding of overtime premium due to paid holidays. The letter and the intent of this Language provides that the compensation of an employee of eight (8) hours holiday pay, for time not worked, on either a major or minor holiday, simultaneously results in a credit of the same eight (8) hours for the purpose of computing the forty (40) hour requirement for overtime premium compensation during the work week in question; and any hours worked on a paid major or minor holiday do not provide any credit for the purpose of overtime premium compensation during the work week in question, but said hours worked are to be credited for the purpose of computing the eight (8) hour requirement for overtime premium compensation for that same day (reference grievance settlement of October 1, 1976). In addition, employees who are scheduled to work on a holiday beyond their regularly scheduled work day, will be accorded overtime premium pay at one and one-half (1 1/2) times their regular hourly rate for all hours worked beyond their regularly scheduled work day.

Related to Computing Overtime Pay - Holiday Pay Impact

  • Overtime Pay Calculation Overtime shall not be claimed or received for less than fifteen (15) minutes. If overtime amounts to fifteen (15) minutes, or more, it shall be paid for the total period.

  • Holiday Overtime An employee required to work on any of the above-named holidays will be paid holiday pay plus payment for the number of hours worked at the rate of time and one-half (1-1/2) his regular straight time rate of pay.

  • Holiday Payment 4.1 Where an employee works on a holiday specified in Article 47 (Holidays) and opts for compensating leave under Article UN13.2 or COR13.2, he or she may elect, at that time, to receive, in addition to his or her entitlement under Article UN13.2 or COR13.2, further leave equal to the difference between the number of hours in the employee’s normal work day and his or her entitlement under Article UN13.2

  • 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.

  • HOLIDAY COMPENSATION FOR TIME WORKED 126. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time- and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime as provided for elsewhere in this contract. 127. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Payment for Working Overtime on a Holiday Where an employee is required to work authorized overtime in excess of his regularly scheduled hours on a paid holiday, such employee shall receive twice (2x) his regular straight time hourly rate for such authorized overtime.

  • 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.

  • Holiday Compensation 1. Those employees working a five-day per week schedule with Saturdays and Sundays as normal days off shall receive cash payment for eight (8) hours per holiday subject to the conditions of this article.

  • Holiday Pay A. On each of the holidays designated above, each full-time employee scheduled to work but permitted to take the day off shall receive pay computed at the employee's basic hourly rate for the number of hours the employee was regularly scheduled to work.

  • Payment of Overtime 5.5.1 Subject to the provisions of this sub-clause, all work performed outside of the ordinary hours of any day, Monday to Friday, inclusive, will be paid for at the rate of time and one half for the first 2 hours and double time thereafter. Casual Employees will be entitled to the appropriate all- purpose penalty rates and their 25% casual loading as identified in clause 2.1.2.

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