Banking Statutory Holidays. Full Time Regular Employees working forty (40) hours per week, may elect to bank Statutory Holidays by seniority of either six (6) or eight (8) days. If, when taking the time off, the employee has not earned the Statutory Holidays, the employee may take the time off without pay. If such employees elect not to bank Statutory Holidays, they shall nevertheless be required to work any holiday scheduled as a work day in accordance with Article 13.03 and they shall not receive another day off in lieu.
Banking Statutory Holidays. Employees wishing to bank their stat holidays may do so by advising the Company on the prescribed form prior to January 1st. Stats will be banked on a calendar year basis. Stats may be taken in blocks of five (5). The Company will determine the number of blocks to be available for signing vacation and stats prior to the commencement of each vacation sign-up. Blocks will be determined with due regard to service demands and the ability of the Company to operate, except that there will be a minimum of eight (8) operators off during July and August. Employees signing statutory holiday blocks will do so in seniority order once the annual vacation has been signed. In the event an employee takes their banked stats and subsequently resigns, is dismissed, or in any way fails to earn stats already taken, the Company will recover any pay given but not earned. Employees may take their second block of five (5) statutory holidays plus the Boxing Day stat at random, subject to banking the first five (5) stats in a block of five (5). Random stats may be taken by application to the Company and provided the operation of the service permits same which shall be determined at the Company’s sole discretion. Employees that have been booked off sick, not covered by sick pay, may claim pay for the Random day. Random statutory holidays not booked by January 2nd of the following year, shall be allocated by the Company up to and including March 31st of the year or allocated to the employee's RRSP at the employee's request.
Banking Statutory Holidays. Employees can direct which statutory holidays they wish to bank for block purposes at the time they sign for their annual vacation, or bank them as they are earned. Stats which are not specifically directed to be banked will otherwise be automatically paid out. Employees electing to bank stats do so with the understanding that they will not normally receive the stat holiday pay for those stats until such time as the banked stats are taken. Payment for banked stats shall be at the wage prevailing on the date that the stat was earned. Banked stats may not be taken until after they have been earned. Any stats which are not taken in the year in which they are earned will be automatically carried over into the following year unless a payout request is made to the Manager in writing. Employees may elect to take one (1) or more days of banked stats at any mutually agreed time, in one (1) of two (2) options:
Banking Statutory Holidays. All employees shall be eligible to bank statutory holidays as set out in this article. Employees shall notify payroll in writing if they wish to bank statutory holiday overtime pay and/or the average day’s pay as set out in article G11.05. Withdrawals of banked statutory holiday time shall be set at a minimum of one (1) day and shall be taken at a mutually agreeable time. Request to take banked statutory holiday time off with pay shall not be unreasonably denied.
Banking Statutory Holidays
