Common use of VACATION PAY AND STATUTORY HOLIDAYS Clause in Contracts

VACATION PAY AND STATUTORY HOLIDAYS. 8.01 All authorized work performed on the following holidays shall be paid for at double the regular rate: 8.02 Vacation pay shall be ten (10%) percent of total earnings. The remittance of vacation pay shall be made as required herein by Article 13.10 of this Agreement. 8.03 There shall be no discrimination against any employee who takes a maximum of two (2) weeks vacation in any one year. 8.04 It is understood that vacation pay includes six (6%) percent for statutory holidays and four (4%) percent vacation pay. However, work performed on statutory holidays will be paid at double time the regular rate of wages. 8.05 By agreement of the Employer and the Local Union, construction sites may close down during the two weeks of the Christmas (December 25) and New Year (January 1) holidays. Such shut down will not be considered to be an illegal work stoppage or lock-out.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

VACATION PAY AND STATUTORY HOLIDAYS. 8.01 All authorized work performed on the following holidays shall be paid for at double the regular rate: i. c E 8.02 Vacation pay shall be ten (10%) percent of total earnings. The remittance of vacation pay shall be made as required herein by Article 13.10 of this Agreement. 8.03 There shall be no discrimination against any employee who takes a maximum of two (2) weeks vacation in any one year. 8.04 It is understood that vacation pay includes six (6%) percent for statutory holidays and four (4%) percent vacation pay. However, work performed on statutory holidays will be paid at double time the regular rate of wages. 8.05 By agreement of the Employer and the Local Union, construction sites may close down during the two weeks of the Christmas (December 25) and New Year (January 1) holidays. Such shut down will not be considered to be an illegal work stoppage or lock-out.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

VACATION PAY AND STATUTORY HOLIDAYS. 8.01 All authorized work performed on the following holidays shall be paid for at double the regular rate: 8.02 Vacation pay shall be ten (10%) percent of total earnings. The remittance of vacation pay shall be made as required herein by Article 13.10 13. 10 of this Agreement. 8.03 There shall be no discrimination against any employee who takes a maximum of two (2) weeks vacation in any one year. 8.04 It is understood that vacation pay includes six (6%) percent for statutory holidays and four (4%) percent vacation pay. However, work performed on statutory holidays will be paid at double time the regular rate of wages. 8.05 By agreement of the Employer and the Local Union, construction sites may close down during the two weeks of the Christmas (December 25) and New Year (January 1) holidays. Such shut down will not be considered to be an illegal work stoppage or lock-out.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!