Common use of Vacation Pay and Recognized Clause in Contracts

Vacation Pay and Recognized. Holiday Pay shall be credited to the employee at the percentage of his basic pay as set forth below. Basic pay shall be defined as the total dollar sum of all hours worked (including hours credited for overtime premiums) multiplied by the applicable net straight time hourly rate. (i.e. exclusive of employee benefit and other contributions). The applicable percentage shall be:

Appears in 16 contracts

Samples: Refractory Labourers Maintenance, Refractory Labourers Maintenance, Collective Agreement

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Vacation Pay and Recognized. Holiday Pay shall be credited to the employee at the percentage of his their basic pay as set forth below. Basic pay shall be defined as the total dollar sum of all hours worked (including hours credited for overtime premiums) multiplied by the applicable net straight time hourly rate. (i.e. exclusive of employee benefit and other contributions). The applicable percentage shall be:

Appears in 2 contracts

Samples: Collective Agreement, Refractory Bricklayers Construction

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