Common use of Premium Holiday Pay Clause in Contracts

Premium Holiday Pay. 17.1 Employees shall be paid time-and-one-half (1.5) of their base hourly rate for all hours worked on the following days: New Year's Day President's Day Memorial Day July 4th Labor Day Thanksgiving Day Christmas Eve Day Christmas Day New Year’s Eve Day 17.2 Premium pay is received for hours worked during the actual twenty-four (24) hours of the holiday.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Premium Holiday Pay. 17.1 Employees shall be paid time-and-one-half (1.5) of their base hourly rate for all hours worked on the following days: New Year's Day President's Day Memorial Day July 4th Labor Day Thanksgiving Day Christmas Eve Day Christmas Day New Year’s Eve Day 17.2 Premium pay is received for hours worked during the actual twenty-four (24) hours of the holiday.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Premium Holiday Pay. 17.1 Employees required to work on Christmas Eve, Christmas, Easter, Memorial Day, July 4th, Labor Day, Thanksgiving, New Year’s Day shall be paid time-and-one-half at double time (1.52x) their regular rate. This time is defined as the number of their base hourly rate for all hours actually worked on in the following days: New Year's Day President's Day Memorial Day July 4th Labor Day Thanksgiving Day Christmas Eve Day Christmas Day New Year’s Eve Day 17.2 Premium pay is received for hours worked during the actual twenty-four (24) four-hour period beginning at 0000 hours of the holidayofficially designated Holidays and ending at 2359 hours.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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