Other Holidays. In lieu of additional compensation with regard to the other holidays recognized in Section 23.01, commencing with the 2011 payroll year, and continuing thereafter, on the first day of the payroll year each employee shall be credited with a holiday time bank consisting of the number of hours of two (2) regular work days. The employee’s “regular work day” shall be determined based on the employee’s assignment as of the first day of the payroll year. Requests for holiday time off shall be considered by supervisors on the same basis as vacation requests. Holiday time does not carry over from year to year and, therefore; holiday time banks will revert to zero as of 11:59 p.m. on the last day of each payroll year. Accrued but unused holiday time off at the time of an employee’s separation from service shall be forfeited and, therefore, no compensation shall be payable for such accrued time.
Appears in 3 contracts
Samples: Labor Agreement, Labor Agreement, Labor Agreement
Other Holidays. In lieu of additional compensation with regard to the other holidays recognized in Section 23.01, commencing with the 2011 payroll year, and continuing thereafter, on the first day of the payroll year each employee shall be credited with a holiday time bank consisting of the number of hours of two (2) regular work days. The employee’s “regular work day” shall be determined based on the employee’s assignment as of the first day of the payroll year. Requests for holiday time off shall be considered by supervisors on the same basis as vacation requests. Holiday time does not carry over from year to year and, therefore; holiday time banks will revert to zero as of 11:59 p.m. on the last day of each payroll year. Accrued but unused holiday time off at the time of an employee’s separation from service shall be forfeited and, therefore, no compensation shall be payable for such accrued time.. ARTICLE 24
Appears in 1 contract
Samples: Labor Agreement
Other Holidays. In lieu of additional compensation with regard to the other holidays recognized in Section 23.0113.1, commencing with the 2011 payroll year, and continuing thereafter, on the first day of the payroll year each employee shall be credited with a holiday time bank consisting of the number of hours of two (2) regular work days. The employee’s “regular work day” shall be determined based on the employee’s assignment as of the first day of the payroll year. Requests for holiday time off shall be considered by supervisors on the same basis as vacation requests. Holiday time does not carry over from year to year and, therefore; holiday time banks will revert to zero as of 11:59 p.m. on the last day of each payroll year. Accrued but unused holiday time off at the time of an employee’s separation from service shall be forfeited and, therefore, no compensation shall be payable for such accrued time.
Appears in 1 contract
Samples: Labor Agreement