Common use of Personal Holiday Bank Clause in Contracts

Personal Holiday Bank. In addition to the authorized holidays specified in Section 1, the City will provide forty-two (42) additional personal holiday hours each fiscal year to all eligible employees. For accrual purposes, personal holiday hours will be added to the employee's personal holiday bank in the following manner: twenty-one (21) hours will be credited to the employee's personal holiday bank at the beginning of the first pay period of each fiscal year and an additional twenty-one (21) hours will be credited to the employee's personal holiday bank on the beginning of the first pay period after January 1. Personal holiday hours may be taken at any time during the year, provided the hours selected by the employee have the prior approval of the appointing authority. Upon separation from City service, an employee will not be compensated for personal holiday hours not taken. The personal holiday bank cannot exceed fifty-seven (57) hours.

Personal Holiday Bank. In addition to the authorized holidays specified in Section 1, the City will provide forty-two (42) additional personal holiday hours each fiscal year to all eligible employees. For accrual purposes, personal holiday hours will be added to the employee's personal holiday bank in the following manner: twenty-one (21) hours will be credited to the employee's personal holiday bank at the beginning of the first pay period of each fiscal year and an additional twenty-one (21) hours will be credited to the employee's personal holiday bank on the beginning of the first pay period after January 1. Personal holiday hours may be taken at any time during the year, provided the hours selected by the employee have the prior approval of the appointing authority. Upon separation from City service, an employee will not be compensated for personal holiday hours not taken. The personal holiday bank cannot exceed fifty-seven fifty -seven (57) hours.

Personal Holiday Bank. In addition to the authorized holidays specified in Section 1, the City will provide forty-two (42) additional personal holiday hours each fiscal year to all eligible employees. For accrual purposes, personal holiday hours will be added to the employee's personal holiday bank in the following manner: twenty-one (21) hours will be credited to the employee's personal holiday bank at the beginning of the first pay period of each fiscal year and an additional twenty-one (21) hours will be credited to the employee's personal holiday bank on the beginning of the first pay period after January 1. Personal holiday hours may be taken at any time during the year, provided the hours selected by the employee have the prior approval of the appointing authority. These hours shall not be taken in increments of less than two (2) hours, unless necessary to exhaust the holiday bank. Upon separation from City service, an employee will not be compensated for personal holiday hours not taken. The personal holiday bank cannot exceed fifty-seven (57) hours.