Holiday Premium Pay Sample Clauses

Holiday Premium Pay. A Nurse working on a recognized Holiday is entitled to the following compensation for any hours worked on the calendar date of the recognized Holiday: A. A Full-Time or Part-Time Nurse who is regularly scheduled to work on a recognized Holiday shall be paid at the rate of one and one-half times (1.5 x) the Nurse’s regular rate of pay; or B. A Nurse who works overtime (as defined in Article 7.07) on a recognized Holiday shall be paid at the rate of two times (2 x) the Nurse’s regular rate of pay for the overtime worked.
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Holiday Premium Pay. Any employee required to work on a holiday shall receive their regular eight (8) hours of pay plus premium pay at time and one-half for all hours worked on such holiday. Compensatory time may be granted in lieu of monetary payment.
Holiday Premium Pay. Any FLSA non-exempt full-time employee who works on any holiday listed above will receive eight (8) hours (or portion thereof as specified above in A.13) of holiday pay and one and one-half (1-1/2) the hourly rate for all hours worked on the observed holiday; provided, however, that the employee has (1) worked his/her assigned shift immediately before, and his/her assigned shift immediately after the holiday, or (2) prior to such holiday Management has authorized the employee to take paid leave time off in lieu of the requirement to work said shifts. Any employee who fails to meet these requirements will be paid at the rate of one hour for each hour worked. Employees shall not receive both overtime and holiday premium pay (as defined above) for the same hours.
Holiday Premium Pay. Employees working on the declared holiday, or called in on a declared holiday, will receive holiday premium pay for all hours worked in addition to their base hourly rate of pay for each hour worked. When New Year’s Day, Independence Day or Christmas Day falls on a Saturday or Sunday, holiday premium pay will be paid for the actual holiday (January 1, July 4 or December 25) instead of the observed holiday as listed in Section 1 above. Under no circumstances can any employee receive holiday premium pay for both the observed and actual holiday.
Holiday Premium Pay. A Nurse working on a recognized Holiday is entitled to the following compensation for any hours worked on the calendar date of the recognized Holiday: A. A Full-Time or Part-Time Nurse who is regularly scheduled to work or a Casual Nurse who works on a recognized Holiday shall be paid at the rate of one and one-half times (1.5 x) the Nurse’s regular rate of pay; or B. A Nurse who works overtime (as defined in Article 7.16) on a recognized Holiday shall be paid at the rate of two-point-three-three times (2.33 x) the Nurse’s regular rate of pay for the overtime worked; or C. A Nurse who is not scheduled to work and is called in to work on a recognized Holiday without being given seventy-two (72) hours notice shall be paid at the rate of two and one-half times (2.5 x) the Nurse’s regular rate of pay. This provision excludes Casual Nurses (except a Casual Nurse while in a Temporary Position).
Holiday Premium Pay a. Employees assigned to scheduled or nonscheduled work period positions qualify for holiday premium pay under the following conditions: 1. When full-time employees work on a designated holiday, they shall receive their regular holiday pay plus premium pay at time and one-half for all hours worked on such holiday. Compensatory time off may be granted by the institution in lieu of monetary payment. 2. When classified employees working less than a full-time schedule work on a designated holiday, they shall receive their regular holiday pay on the same pro rata basis that their monthly schedule bears to a full-time schedule, plus premium pay at time and one-half for all hours worked on such holiday. Compensatory time off may be granted by the institution in lieu of monetary payment. b. Classified employees occupying excepted work period positions do not qualify for holiday premium pay.
Holiday Premium Pay. 1. Except as provided in paragraph 2, employees who are assigned to duty on July 4, December 25, January 1 and/or Labor Day (first Monday in September) of a calendar year shall be compensated in cash at a rate of one and one-half (1½X) their base salary for all such assigned duty worked from 12:00 a.m. through 11:59 p.m., inclusive, during such days. 2. An employee may elect to receive such holiday compensation in compensatory time off in lieu of cash, subject to the following terms and conditions: 3. For administrative purposes, all time so worked shall be computed to the nearest 0.1 of an hour. For purposes of interpretation and construction of this Article, the compensation herein provided shall only be granted for authorized duty occurring on the actual calendar dates that the four (4) holidays listed above fall; no such compensation will be granted for duty on any other calendar date on which these four (4) holidays may officially be celebrated or observed pursuant to law. 4. Application of the provisions enumerated herein shall not involve pyramiding of the compensation described herein. No employee shall receive overtime benefits and/or shift or weekend differential benefits in addition to holiday premium pay. 5. Any payment made in addition to the employee's base salary under the provisions of this Article shall not have any sum deducted for pension benefits nor shall such payments be included in determining pension benefits or other fringe benefits.
Holiday Premium Pay. Employees working on the calendar day of a declared holiday will receive holiday premium pay for all hours worked in addition to both the employee’s normal holiday pay and their base hourly rate of pay for each hour worked. Shift differential shall only apply to the base hourly rate of pay for each hour worked. When New Year’s Day, Independence Day or Christmas Day falls on a Saturday or Sunday, holiday premium pay may be paid for the actual holiday (January 1, July 4 or December 25) instead of the observed calendar day holiday as listed in Section 1 above. Under no circumstances can any employee receive holiday premium pay for both the observed and actual holiday.
Holiday Premium Pay. If an Employee is required to work an established shift on a holiday listed in Article 21.01 which the Employee is scheduled to be off and has received less than seventy-two (72) hours notice, the Employee shall be compensated at the rate of two (2) times the Employee’s regular hourly rate for the shift worked. Full-Time Employees shall receive seven and one-half (7.5) hours off later in lieu of the holiday. If notice has been given at least seventy-two (72) hours prior to the holiday, the Employee will be paid one and one-half (1½x) times the Employee’s regular hourly rate for all hours worked. Full-Time Employees shall receive seven and one-half (7.5) hours off later in lieu of the holiday.
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