Paid Holiday definition
Examples of Paid Holiday in a sentence
Employees whose regular day off falls on the day the Paid Holiday is celebrated, will be entitled to the day's pay at the rate of straight time for that day.
Paid Holiday for an employee falls within a period of leave with pay, the Designated Paid Holiday shall not count as a day of leave.
When an employee works on a Designated Paid Holiday, the employee shall be compensated, in addition to the pay for the hours specified in sub-paragraph (i), at time and one-half (1 ½) up to his regular scheduled hours of work and at double (2) time for all hours worked in excess of his regular scheduled hours.
Working days as referred to in this Article shall mean a day other than Saturday, Sunday, or a Specified Paid Holiday under Article 16.
Payments provided under the Overtime, Designated Paid Holiday and Standby provisions of this collective agreement and clause B5.01 of this Article shall not be pyramided; that is, an employee shall not receive more than one compensation for the same service.
Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $41.56 Supplemental Benefit Rate per Hour: $36.92 Overtime Description Veteran's Day is a Paid Holiday for employees working on production paving.
A casual employee who works their last scheduled shift the day before and their first scheduled shift the day after a paid holiday as outlined in Article 18 shall receive pay for the day provided that such scheduled shifts are within two weeks of the Paid Holiday.
In addition, the employee will be paid at a rate of one and one half (1.5) times his regular rate of pay for each hour worked on the designated day of observance of a Paid Holiday.
The aggregate foreign share of power generation facilities, including cogeneration facilities of heat and power (GHP) for the district heating system (DHS), may not exceed 30 percent of the total facilities in the territory of Korea.
The Paid Holiday Bank can be utilized as income replacement for absences due to illness.