Floating Holiday Time Sample Clauses

Floating Holiday Time. In addition to the above, a full-time employee shall be entitled to a floating holiday hour bank on the following basis:
AutoNDA by SimpleDocs
Floating Holiday Time. Employees are provided with 35 hours of Floating Holiday Time in July of each year (prorated for new-hires following completion of six (6) months of full-time/continuous service). This time off is used by the employee with the approval of their supervisor. Employees may cash-out up to 35 hours of Floating Holiday Time, one time per fiscal year, in a set number of hours, payable at the employee’s existing base rate of pay at the time of request. Payment will be made with the regular payroll check run nearest the request of the cash-out (requires minimum of 10 working days prior to request). Any remaining Floating Holiday Time will be paid out in the final payroll check of each fiscal year. Except for employees retiring from the City, employees resigning/separating from employment will have Floating Holiday Time credited on a prorated basis (2.916 hours per month), and amounts used/cashed out in excess of those they qualify for are owed back to the City upon separation. The difference will be deducted from the employee’s final check(s), or in the event that sufficient funds are not available, the employee will be responsible to pay back the City within 14 calendar days from the date of separation.
Floating Holiday Time. Following completion of six (6) months of continuous full-time City service, an employee will be credited with 3-1/2 days (35 hours) of Floating Holiday Time. Thereafter, employees are credited with 3-1/2 (35 hours) floating holidays in July of each year. Employees will be permitted use of floating holiday time or conversion of said holiday time to cash in accordance with the provisions set forth in this Memorandum of Understanding and established City policies. (Refer to Holiday Pay section.) Except for employees retiring from the City, employees resigning/separating from employment will have Floating Holiday Time credited on a prorated basis (2.916 hours per month), and amounts used/cashed out in excess of those they qualify for are owed back to the City upon separation. The difference will be deducted from the employee’s final check(s), or in the event that sufficient funds are not available, the employee will be responsible to pay back the City within 14 calendar days from the date of separation.
Floating Holiday Time. A. In a good faith effort to further its commitment to diversity, equity and inclusion, the Library will provide employees with paid time off beyond the holidays historically recognized in collective bargaining agreements. Doing so increases the opportunity for employees to use paid time off on days that may have personal, cultural, religious, or other significance to them (e.g. religious holidays, Women’s Equality Day, Pride Day, Veterans Day, Cinco xx Xxxx, National Indigenous Peoples Day).

Related to Floating Holiday Time

  • Floating Holiday In each fiscal year covered by the term of this Memorandum each eligible employee available for a duty assignment on July 1, (as defined in Personnel Regulation H-2) shall accrue credit for hours of holiday time equal to the hours worked in the employee’s shift up to ten (10) hours. Each employee accruing such time shall comply with the following conditions:

  • Floating Holidays In addition to the authorized days in 9.2. each employee, including each academic employee, shall be authorized two (2) floating holidays of his/her choice per fiscal year.

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

  • Holiday Falling on a Scheduled Workday‌ An employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double-time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double-time and one-half for hours worked, plus a day off in lieu of the holiday. The scheduling of the lieu day shall be subject to component negotiations this agreement.

  • 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.

Time is Money Join Law Insider Premium to draft better contracts faster.