Holiday Time Accrual Sample Clauses

Holiday Time Accrual. Upon retirement or termination, employees shall be compensated for any unused accrued holiday time at the then current base rate equivalency unless the employee’s position was abolished as a result of a layoff.
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Holiday Time Accrual. (1) Upon retirement or termination, employees shall be compensated for any unused accrued holiday time at the then current base rate equivalency. (2) An employee may code vacation or other appropriate accrued paid leave time on a fixed holiday only under the following circumstances: (i) An employee on an alternate work schedule such as a 9/80 or 4/10 may code accrued vacation hours on a fixed holiday that falls on a workday up to an amount that if combined with his/her fixed holiday accrual would equal the total number of hours the employee would have been scheduled for that day (e.g., an employee on a 4/10 work schedule normally works ten (10) hours on Mondays, when the fixed holiday falls on a Monday the employee codes eight (8) hours of holiday and may code up to two (2) hours of vacation). (ii) An employee in a regular part-time or job share position who does not accrue eight (8) hours of holiday leave due to the employee’s reduced work schedule may code accrued vacation leave hours on a fixed holiday that falls on a normal workday up to an amount that if combined with the employee’s fixed holiday accrual would equal the total number of hours the employee would have been scheduled for that day (e.g., an employee due to his/her reduced work schedule accrued four
Holiday Time Accrual. (1) Upon retirement or termination, employees shall be compensated for any unused accrued holiday time at the then current base rate equivalency. (2) An employee may code vacation or other appropriate accrued paid leave time on a fixed holiday only under the following circumstances: (i) An employee on an alternate work schedule such as a 9/80 or 4/10 may code accrued vacation hours on a fixed holiday that falls on a workday up to an amount that if combined with his/her fixed holiday accrual would equal the total number of hours the employee would have been scheduled for that day (e.g., an employee on a 4/10 work schedule normally works ten (10) hours on Mondays, when the fixed holiday falls on a Monday the employee codes eight (8) hours of holiday and may code up to two (2) hours of vacation).
Holiday Time Accrual. An employee may code vacation or other appropriate accrued paid leave time on a fixed holiday only under the following circumstances: (i) An employee on an alternate work schedule such as a 9/80 or 4/10 may code accrued vacation hours on a fixed holiday that falls on a workday up to an amount that if combined with his/her fixed holiday accrual would equal the total number of hours the employee would have been scheduled for that day (e.g., an employee on a 4/10 work schedule normally works ten (10) hours on Mondays, when the fixed holiday falls on a Monday the employee codes eight
Holiday Time Accrual. An employee’s paycheck will reflect the accrual of 16 holiday time.

Related to Holiday Time Accrual

  • Holiday Pay A. On each of the holidays designated above, each full-time employee scheduled to work but permitted to take the day off shall receive pay computed at the employee's basic hourly rate for the number of hours the employee was regularly scheduled to work. B. On each of the holidays designated above, each part-time employee scheduled to work but permitted to take the day off shall receive pay computed at the employee’s basic hourly rate for the number of hours the employee was regularly scheduled to work.

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