Common use of Payment for Statutory Holiday Clause in Contracts

Payment for Statutory Holiday. a) Permanent employees, whose posted position is less than twenty-one (21) hours per week (less than 91 hours/month), shall receive a pro-rated day’s pay for each statutory holiday. An employee’s pro-rated day’s pay is calculated as follows: divide the number of paid straight-time hours for which the employee was paid during the thirty (30) calendar days immediately preceding the holiday period by one hundred and forty (140) hours, then multiply that product by the average length of shift in the employee’s posted position, then multiply that product by the employee’s regular rate of pay. (i.e. # of paid straight-time hrs. in the 30 day period/140 X 7.5 hrs. X the employee’s regular rate).

Payment for Statutory Holiday. (a) Permanent employees, whose posted position is less than twenty-one (21) hours per week (less than 91 hours/month), shall receive a pro-rated prorated day’s pay for each statutory holiday. An employee’s pro-rated prorated day’s pay is calculated as follows: divide the number of paid straight-time hours for which the employee was paid during the thirty (30) calendar days immediately preceding the holiday period by one hundred and forty (140) hours, then multiply that product by the average length of shift in the employee’s posted position, then multiply that product by the employee’s regular rate of pay. (i.e. i.e., # of paid straight-time hrs. in the 30 day period/140 X period / 140 x 7.5 hrs. X x the employee’s regular rate).