VACATION PAY AND STATUTORY HOLIDAY PAY. Vacation pay and statutory holiday pay allowances will be calculated at the minimum rate of eight percent (8%) of gross earnings, or such higher rate provided in Schedule D Appendices. Vacation and statutory holiday pay will be paid to employees in accordance with the provisions of the Employment Standards Act of Ontario. It is understood and agreed that four percent (4%) of gross wages is to be considered in lieu of statutory holiday pay.
Appears in 3 contracts
Samples: Provincial Civil Agreement, Provincial Civil Agreement, Provincial Civil Agreement
VACATION PAY AND STATUTORY HOLIDAY PAY. Vacation pay and statutory holiday pay allowances will be calculated at the minimum rate of eight percent (8%) of gross earnings, or such higher rate provided in Schedule D Appendices. Vacation and statutory holiday pay will be paid to employees in accordance with the provisions of the Employment Standards Act of Ontario. It is understood and agreed that four percent (4%) of gross wages is to be considered in lieu of statutory holiday pay.
Appears in 1 contract
Samples: Provincial Civil Agreement
