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.
Appears in 7 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
