Common use of Banked Holidays Clause in Contracts

Banked Holidays. Banked Holidays shall be granted on the day requested by the employee unless to do so would interfere with the Employer’s operations, in which event the employee’s next requested day off shall be given or cash paid in lieu thereof. If not used within twelve (12) months, a banked holiday will be paid out.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement