Holiday Work Compensation Sample Clauses

Holiday Work Compensation. A full-time employee who works on the day a holiday is officially observed shall be compensated at their overtime rate on an hour-for-hour basis for all hours worked on the holiday. Such compensation shall be in cash or CTO, as determined by the President. This provision shall apply pro rata to less than full-time employees. Employees not eligible for overtime as listed in Appendix C shall receive time off earned at the straight time rate.
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Holiday Work Compensation. A full-time non-exempt employee who works on the day a holiday is officially observed shall receive appropriate compensation in accordance with applicable provisions of this Agreement. Such compensation shall be in cash or CTO, as determined by the President. Such determination shall be made prior to the time the employee works on a holiday. This provision shall apply pro rata to less than full-time employees. An exempt employee who is required to work on the day a holiday is officially observed shall receive informal time off in an amount approximate to the time worked on a holiday on a date mutually determined by the employee and the supervisor.
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Holiday Work Compensation. Employees who are required to work on a holiday shall be paid for such work in addition to the regular pay received for the holiday, at the rate of time and one-half his/her regular rate of pay. 13.5.1 When an employee’s work schedule spans over a two-day period, the workday with the majority of hours falling on an observed holiday will be the one observed as the holiday. Employees who are required to work on their observed holiday shall be paid for such work in addition to the regular pay received for the holiday, at the rate of time and one-half his/her regular rate of pay.
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Holiday Work Compensation. ‌ A. An employee who must work on a recognized City holiday shall receive holiday pay equal to the number of hours the employee is regularly scheduled to work on said holiday. In addition, the employee shall be paid for the actual hours the employee works, at the rate of time and one half the employee’s regular rate of pay or receive compensatory time off. B. Regardless of work schedule, an employee shall receive compensatory time off based on the number of hours in the employee’s normal work day up to a maximum of 13 hours when a holiday falls on the employee’s regularly scheduled day off. C. In no event can an employee accrue in excess of 480 hours of compensatory time off. All hours in excess of 480 shall be paid to the employee at the employee’s regular rate of pay.
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Related to Holiday Work Compensation

  • Overtime Compensation 1. Except as provided in this section, Grantee will be responsible for any obligations of premium overtime pay due employees. Premium overtime pay is defined as any compensation paid to an individual in addition to the employee’s normal rate of pay for hours worked in excess of normal working hours. 2. Funds provided under this Contract may be used to pay the premium portion of overtime only under the following conditions: i. With the prior written approval of System Agency; ii. Temporarily, in the case of an emergency or an occasional operational bottleneck; iii. When employees are performing indirect functions, such as administration, maintenance, or accounting; iv. In performance of tests, laboratory procedures, or similar operations that are continuous in nature and cannot reasonably be interrupted or otherwise completed; or v. When lower overall cost to System Agency will result.

  • Total Compensation Contractor shall include Total Compensation in XXX for each of its five most highly compensated Executives for the preceding fiscal year if: 4.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 4.2. In the preceding fiscal year, Contractor received:

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

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