Holiday Eligibility and Compensation Sample Clauses

Holiday Eligibility and Compensation. The following rules apply to all holidays except the personal holiday:
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Holiday Eligibility and Compensation. Regular full-time employees shall be eligible for holiday pay, not to exceed eight
Holiday Eligibility and Compensation. Holiday time is time earned by employees through Floating Holidays and Holiday Compensation Time. It is administered through an individual Holiday Time leave account. The Holiday Time leave account is available for each employee to review and the balance will be posted regularly. Holiday Time may be accrued to a maximum of forty‐eight (48) hours. Any balance in excess of forty‐eight (48) hours shall be paid out during the next pay period at the employee’s regular hourly wage rate. Employees are eligible for holiday pay, not to exceed eight (8) hours for any one (1) day, provided they are in a pay status on one of their regularly scheduled workdays either immediately preceding or following the holiday. The rate of compensation for the holiday is based upon the employee’s regular hourly wage rate.

Related to Holiday Eligibility and Compensation

  • Holiday Eligibility Except as otherwise provided in this Article, an employee must be in paid status on the working day immediately preceding or succeeding the holiday to be paid for the holiday.

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