Common use of Holiday Off Clause in Contracts

Holiday Off. When a holiday falls on a full-time or part-time employee's scheduled day off, the employee can either choose to bank the holiday time to be used within the fiscal year or be paid at straight time for the holiday within the fiscal year. If the banked time is not used or paid for during the fiscal year, it will be paid off with the rate effective on June 30th but can be taken up to the end of the pay period including July 1.

Appears in 2 contracts

Samples: Contract, Contract

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Holiday Off. When a holiday falls on a full-time or part-time an employee's scheduled day off, the employee can either choose to bank the holiday time to be used within the fiscal year or be paid at straight time for the holiday within the fiscal year. If the banked time is not used or paid for during the fiscal year, it will be paid off with the rate effective on June 30th but can be taken up to the end of the pay period including July 1.

Appears in 1 contract

Samples: Contract

Holiday Off. When a holiday falls on a full-time or part-time employee's scheduled day off, the employee can either choose to bank ,the holiday time will be banked to be used within the fiscal year or be paid at straight time for timefor the holiday within the fiscal year. If the banked time is not used or paid for during the fiscal year, it will be paid off with the rate effective on June 30th but can be taken up to the end theend of the pay period including July 1.

Appears in 1 contract

Samples: Contract

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Holiday Off. When a holiday falls on a full-time or part-time employee's scheduled day off, the employee can either choose to bank the holiday time will be banked to be used within the fiscal year or be paid at straight time for the holiday within the fiscal year. If the banked time is not used or paid for during the fiscal year, it will be paid off with the rate effective on June 30th but can be taken up to the end of the pay period including July 1.

Appears in 1 contract

Samples: Contract

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