Primary Holiday-in-Lieu Pay Sample Clauses

Primary Holiday-in-Lieu Pay. With the exception of the floating holidays, regular full-time employees who are normally required to work without regard to recognized holidays will receive five percent (5%) of their base monthly salary in lieu of receiving any of the identified holidays off. If the holiday falls on the employee’s scheduled day of work, then the employee is to work (unless the employee has an approved leave from work). If the holiday falls on the employee’s unscheduled day of work, then the employee shall not be docked and will receive the salary differential.
AutoNDA by SimpleDocs

Related to Primary Holiday-in-Lieu Pay

  • Statutory Holiday Pay Employees who qualify for statutory holiday pay shall be paid an average day's pay on the Statutory Holidays above, based on the following: amount paid / days worked. “Amount paid” is the amount earned by the employee for work done during the thirty (30) calendars day period preceding the statutory holiday, including vacation pay but excluding overtime pay. “Days worked” is the number of days the employee worked or earned wages during that thirty (30) calendar day period.

  • Civic Holiday Labour Day Thanksgiving Day Christmas Day (December 25) Boxing Day (December 26) In addition to the above noted holidays, full-time employees will be eligible for two (2) floating holidays. The float holiday will be scheduled at a mutually agreeable time prior to the end of the calendar year.

  • Paid Holiday Pay Payment for holidays will be made at an employee’s basic pay, except if an employee has been working in a higher paid position than her regular position for a majority of the sixty (60) working days preceding her holiday, in which case she shall receive the higher pay.

  • Overtime on a Holiday (a) Where an Employee is required to work overtime on a paid holiday, as defined in Article 18.01, she will receive compensation equal to 3.33 times her regular rate as follows:

  • Holiday Payment 4.1 Where an employee works on a holiday specified in Article 47 (Holidays) and opts for compensating leave under Article UN13.2 or COR13.2, he or she may elect, at that time, to receive, in addition to his or her entitlement under Article UN13.2 or COR13.2, further leave equal to the difference between the number of hours in the employee’s normal work day and his or her entitlement under Article UN13.2

  • Statutory Holiday All time worked on such Statutory Holidays as are provided for in this Agreement shall be considered as overtime and shall be paid at two hundred percent (200%) of the employee's regular straight-time rate, or the employee may elect to be paid straight-time rates for the overtime hours and take an equal number of hours as time off. Such time off must be taken according to a schedule acceptable to the employee's Supervisor within thirty (30) days of the end of the pay period in which the overtime was worked.

  • Payment for Working on a Holiday (The following clause is applicable to part-time employees only) The holidays listed in the part-time local Appendix for the purposes of Article 16.03(b) shall be the same holidays as are listed in the full-time Local Provisions Appendix. If an employee is required to work on any of the holidays set out in the local Appendix the employee shall be paid at the rate of time and one-half (1-1/2) her regular straight time hourly rate of pay for all hours worked on such holiday.

  • Holiday Pay A. On each of the holidays designated above, each full-time employee scheduled to work but permitted to take the day off shall receive pay computed at the employee's basic hourly rate for the number of hours the employee was regularly scheduled to work.

  • Public Holiday 6.1 The Worker shall be entitled to public holidays in accordance with the labour laws in Malaysia.

  • Compensation for Work on a Holiday (a) Where an Employee is regularly scheduled to work, in accordance with Article 14, and her regularly scheduled day of work falls on a paid holiday, as defined in Article 18.01, she shall receive compensation equal to two and one-half (2 ½) times her regular rate of pay as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.