Coefficients. The employee’s annual holiday pay and holiday compensation shall be reckoned by multiplying the employee’s average hourly earnings for the leave-earning year by a coefficient based on the number of days of holiday. The following coefficients are used: Number of days of holiday Coefficient If there are more than 30 days of holiday, then the factor shall be increased by 7.2 per day of holiday.
Appears in 4 contracts
Sources: Collective Agreement, Collective Agreement, Collective Agreement
Coefficients. The employee’s annual holiday pay and holiday compensation shall be reckoned by multiplying the employee’s average hourly earnings for the leave-earning year by a coefficient based on the number of days of holiday. The following coefficients are used: Number of days of holiday Coefficient If there are more than 30 days of holiday, then the factor shall be increased by 7.2 per day of holiday.holiday.
Appears in 1 contract
Sources: Collective Agreement