RATE OF PAY ON HOLIDAYS Sample Clauses

RATE OF PAY ON HOLIDAYS. Holidays recognized by this Agreement not worked shall be paid for at straight-time rates for the number of hours of work per day normally scheduled for the employee.
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RATE OF PAY ON HOLIDAYS. Each regular employee not scheduled to work shall receive time off with straight-time pay up to eight (8) hours for each of the above holidays re- gardless of whether or not such holiday falls within the normal scheduled work week. When such holiday falls on an employee's day off, such time off shall immediately precede or follow the holiday. Any work performed on a holiday shall be paid for at the double time (2x) rate in addition to the holiday pay received for the same basic hours. Holiday pay shall be prorated for less than forty (40) hour employees, based on the average hours worked in the preceding calendar year. The proration shall be based upon the average hours worked in the (up to) twenty-six (26) pay periods preceding the day the holiday is observed if the employee did not work the entire calendar year.

Related to RATE OF PAY ON HOLIDAYS

  • Rate of Pay a. An Employee who is employed as a teacher teaching on call shall be paid 1/189 of his/her category classification and experience, to a maximum of the rate at Category 5 Step 7, for each full day worked.

  • Rate of Payment F9.16 While an employee is on a period of purchased leave the employee will be paid at the rate of pay used to calculate the employee’s deduction.

  • Rate of Pay on Promotion 44.3.1 When an employee is appointed by the Council to a higher classification level in the same group, he shall be paid at the nearest rate in the new classification level which gives the employee a salary increase not less than the minimum increment of the higher classification level to which he is being appointed by the Council. If there is no such rate the employee shall be paid the maximum rate in his new scale.

  • Daily Rate of Pay In applying these provisions an employee's daily rate of pay shall be the daily rate including career increments at the time of retirement, as provided in the basic salary schedule for the fiscal year, and shall not include any additional compensation for overtime, or other extra compensation.

  • Regular Rate of Pay The regular rate of pay for each position in the bargaining unit shall be in accordance with the rates established for each class provided for in Appendix B. The regular rate of pay shall include any longevity increment required to be paid under this Agreement.

  • Definition of Regular Straight Time Rate of Pay The regular straight time rate of pay is that prescribed in wage schedule of the Collective Agreement.

  • 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:

  • Legal Holidays In any case where the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

  • Rates of Pay Employees will be paid in accordance with the rates of pay negotiated by the parties of this agreement. The applicable rates of pay are recorded as Appendix A (Wage Grid) of this agreement.

  • Rate of Compensation In lieu of direct compensation for all overtime, shift work and standby (as defined in Articles 16, 17 and 18 of this Agreement), regular full-time employees shall receive a special compensation of 7% of their basic salary earned for each calendar year. This special compensation shall not be considered part of the employee's basic salary for the purpose of calculating any benefits or other premium entitlements.

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