Worked Holiday Rate Sample Clauses

The Worked Holiday Rate clause defines the pay rate applicable to employees who work on recognized holidays. Typically, this clause specifies that employees are entitled to receive a premium wage—such as time-and-a-half or double time—when they perform work duties on days designated as holidays by the employer or relevant law. For example, if an employee works on New Year's Day, they would be compensated at the higher holiday rate rather than their standard hourly wage. The core function of this clause is to ensure fair compensation for employees who work during holidays, thereby incentivizing availability and addressing the inconvenience of working on days generally reserved for rest or celebration.
Worked Holiday Rate. Work as such on a holiday shall be compensated for at two and one-half (2½) times the straight-time hourly rate of pay for all hours worked after an employee’s first (1st) six (6) months of employment. Said two and one-half (2½) times shall include any premium pay or overtime that may be applicable, and includes pay for the holiday itself.
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Related to Worked Holiday Rate

  • Worked Holidays Employees who are required to work on the above described holidays shall receive the pay due them for the holiday, plus twice their base rate for all hours worked on such holidays.

  • 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).

  • HOLIDAYS AND HOLIDAY PAY 255. A holiday is calculated based on an eight-hour day. The following days are designated as holidays: January 1 ( New Year's Day) the third Monday in January (▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇.'s Birthday) the third Monday in February (President's Day) the last Monday in May (Memorial Day) July 4 (Independence Day) the first Monday in September (Labor Day) the second Monday in October (Columbus Day) November 11 (Veteran's Day) Thanksgiving Day the day after Thanksgiving December 25 (Christmas Day) 256. Provided further, if January 1, July 4, November 11 or December 25 falls on a Sunday, the Monday following is a holiday.

  • 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.

  • PAID HOLIDAYS (a) A full-time employee who otherwise qualifies hereunder shall receive the following paid holidays: