Paid Holiday Bank Employees qualify in accordance with the collective agreement. The paid holidays are identified in the Collective Agreement. Credit to the paid holiday bank will occur on the date of the holiday. Drawing from the paid holiday bank will occur at an accelerated rate of 1.25 hours paid for every hour taken (i.e. 11.25 hours worked equals 14.05 hours paid; 7.5 hours worked equals 9.375 hours paid).
Holiday Falling on a Scheduled Workday An Employee who works on a designated holiday which is a scheduled workday shall be compensated at the rate of double time for hours worked, plus a day off in lieu of the holiday; except for Christmas and New Year's when the compensation shall be at the rate of double time and one-half (2½) for hours worked, plus a day off subject to this Agreement.
DESIGNATED PAID HOLIDAYS Subject to clause the following days shall be designated paid holidays for employees:
PAID HOLIDAYS 18.01 The following will be recognized as paid holidays for the employees: New Year's Day Good Friday Victoria Day Canada Day Civic Holiday Labour Day Thanksgiving Day Christmas Day Boxing Day Two (2) Floating Days 18.02 To qualify for holiday pay an employee must work his/her scheduled shift before and after the holiday, or his/her absence must be authorized (e.g. vacation, sick, bereavement, jury duty). Employees shall take their floating holidays by December 31st each year except as otherwise mutually agreed between the employee and the Employer. For employees with less than one (1) year's service, floating holidays will be taken as follows unless otherwise mutually agreed between the employee and the Employer: One (1) floating day between January 1 and June 30 of each year, and one (1) floating day between July 1 and December 31 of each year. To receive the floating holiday, an employee must have completed his/her probationary period. 18.03 An employee who qualifies under 18.02 and who works on any of the holidays listed in 18.01 above shall be paid double time for such work and shall be granted a day off with pay at a time mutually agreed upon between the Employer and the employee, within sixty (60) days following the holiday. If it is not feasible to give the compensating time off, or if the employee does not wish to take a day off, the Employer shall pay the employee a day's pay in respect of the holiday. If one (1) of the holidays occurs during an employee's vacation period, or regular day off, the employee will receive an additional day off, at a mutually agreed time, or an extra day's pay in lieu of the holiday. 18.04 If mutually agreed between Union and Employer at any or all locations covered by this Agreement, holidays may be changed to ensure that newspaper production deadlines are not interfered with. 18.05 In addition to their regular wages, part-time and temporary employees shall be paid 4.2% of their regular wages in lieu of the regular day's pay for the holidays outlined in Article 18. 01. This amount shall be added to the employee's regular weekly pay cheque. 18.06 Part-time and temporary employees who are required to work on a paid holiday shall be paid at the rate of one and one-half (1-1/2) times their regular rate for all hours worked.
Paid Holidays – Long Weekends (a) When an employee is scheduled to work a weekend where a paid holiday falls on the Monday or the Friday, the Employer shall endeavour to also schedule the employee to work the paid holiday. (b) When the employee is scheduled off on a weekend where a paid holiday falls on the Monday or the Friday, the Employer shall endeavour to schedule the employee off the paid holiday. (c) In the event of a scheduling conflict, 12.07 (a) will be the deciding provision.