Common use of Payment for Working Holidays Clause in Contracts

Payment for Working Holidays. Employees who are required to work on the holiday will be paid for actual hours worked at a rate of one and one-half (1-1/2) times the normal rate of pay in addition to compensation for the holiday as specified in Section 2 above unless the employee is deemed not eligible for holiday pay. An employee deemed not eligible for holiday pay will be compensated for actual hours the employee worked times the normal rate of pay for work done on the holiday. Effective January 1, 2007, employees who have a “comp-time” bank of sixty (60) hours or less may choose to convert the overtime portion of holiday pay to compensatory time for holidays actually worked. Such conversion shall be the Employee’s choice and said employee shall be responsible for timely completion of required paperwork.