Common use of Holidays and Over Clause in Contracts

Holidays and Over. time Calculation Holiday benefit time paid out for a holiday not worked counts toward the 40 hours required to earn the over-time rate. Time worked on a holiday counts toward the 40 hours required to earn the over-time rate. Holiday bank time for a holiday worked, whether cashed out or banked, does not count toward the 40 hours required for the over-time rate. If you were supposed to have the holiday off but you agree to come in, and you take the holiday bank time as cash rather than putting it in your bank, those hours count toward the 40-hour overtime calculation. SHARE members who work overtime on one of the major holidays will receive time and a half for working the major holiday, and an additional half time for working overtime on the holiday.