Common use of Proration of Holiday Pay Clause in Contracts

Proration of Holiday Pay. ‌ Holiday pay for regular part-time and casual employees shall be prorated on the basis of the employee's average daily earnings exclusive of overtime and premiums. Holiday pay shall be calculated as follows: (a) If the employee has earned wages for at least 14 out of 28 days in the two pay periods immediately preceding the current pay period in which the statutory holiday occurs, pay shall be calculated by total hours paid, excluding overtime and premiums, divided by the number of days paid. (b) If the employee has earned wages for less than 14 out of 28 days in the two pay periods immediately preceding the current pay period in which the statutory holiday occurs, pay shall be calculated by total hours paid, excluding overtime and premiums, divided by 14.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Proration of Holiday Pay. Holiday pay for regular part-time and casual employees shall be prorated on the basis of the employee's average daily earnings exclusive of overtime and premiums. Holiday pay shall be calculated as follows: (a) If the employee has earned wages for at least 14 out of 28 days in the two pay periods immediately preceding the current pay period in which the statutory holiday occurs, pay shall be calculated by total hours paid, excluding overtime and premiums, divided by the number of days paid. (b) If the employee has earned wages for less than 14 out of 28 days in the two pay periods immediately preceding the current pay period in which the statutory holiday occurs, pay shall be calculated by total hours paid, excluding overtime and premiums, divided by 14.

Appears in 1 contract

Samples: Definitions

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