Common use of Compensation for Holidays Worked Clause in Contracts

Compensation for Holidays Worked. 1. For working a holiday, employees working in a class designated to receive cash payment for overtime at one and one-half times their hourly rate, or in a class eligible to receive overtime premium compensation, shall earn, for each hour of the holiday worked, compensatory time off equivalent to the number of hours actually worked but not to exceed one-tenth (1/10th) the number of hours in that employee's normal biweekly pay period. In addition, such employees shall receive cash compensation at one-half time rate for the number of hours compensatory time off was earned.

Appears in 3 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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Compensation for Holidays Worked. 1. For working on a holidayholiday on an employee’s regularly scheduled day, employees working in a class designated to receive cash payment for overtime at one and one-half (1½) times their hourly rate, or in a class eligible to receive overtime premium compensation, shall earn, for each hour of the holiday worked, compensatory time off equivalent to the number of hours actually worked but not to exceed one-tenth (1/10th) the number of hours in that employee's normal biweekly pay period. In addition, such employees shall receive cash compensation at one-half time rate for the number of hours compensatory time off was earned.of

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

Compensation for Holidays Worked. 1. For working a Full-time regular Employees required to work on the following holidays shall be paid in cash for all hours worked at the rate of one hundred fifty (150%) in addition to the regular pay for the holiday, employees working in a class designated to receive cash payment for overtime at one and one-half times their hourly rate, . Holiday premium pay or in a class eligible to receive overtime premium compensation, shall earn, for each hour of the holiday worked, mutually agreed upon equivalent compensatory time off equivalent to the number shall not be limited or denied because of hours actually worked but not to exceed one-tenth (1/10th) the number of hours in that employee's normal biweekly overtime pay period. In addition, such employees shall receive cash compensation at one-half time rate for the number of hours compensatory time off was earnedgrade restrictions.

Appears in 1 contract

Samples: Agreement

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Compensation for Holidays Worked. 1. For working on a holiday, employees working in a class designated to receive cash payment for overtime at one and one-half times their hourly rate, or in a class eligible to receive overtime premium compensation, shall earn, for each hour of the holiday worked, compensatory time off equivalent to the number of hours actually worked but not to exceed one-tenth (1/10th) 1/10th the number of hours in that employee's ’s normal biweekly pay period. In addition, such employees shall receive cash compensation at one-half time rate for the number of hours compensatory time off was earned.

Appears in 1 contract

Samples: www.dol.gov

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