Common use of Floating Holiday Time Clause in Contracts

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: (a) the employee shall accumulate 0.538 hours per pay period, (b) there shall be no payout of the floating holiday bank, (c) there shall be no limit to the accumulation of hours.

Appears in 6 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement

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: (a) the employee shall accumulate 0.538 hours per pay period, (b) there shall be no payout of the floating holiday bank, (c) there shall be no limit to the accumulation of hours. Bank time will be taken at a mutually agreeable time.

Appears in 1 contract

Sources: Collective Agreement