Computation of Holiday Pay or Compensatory Time. An employee who is required to work a holiday or is called in may choose to receive overtime pay equivalent to one and one-half times the hours worked times the total rate or receive compensatory time equivalent to one and one-half (1 1/2) times the hours worked. All mandatory overtime worked by an employee on a holiday will be compensated at two and one-half (2 1/2) times the total rate of pay or receive compensatory time equivalent to two and one-half times the hours worked. If an employee works a voluntary overtime program on a holiday, they will receive their normal overtime rate, one and one-half (1 1/2) time the total rate of pay. Employees on a four-day ten-hour schedule will only be compensated at one and one-half (1 ½) times the hours worked up to a maximum of eight (8) hours. Any additional hours worked will be paid at straight time, unless the employee is in an overtime status. Explanation: Regardless of whether an employee works 8 hours or more on a holiday, he/she will only be compensated at time and a half for up to 8 hours. Any hours worked on a holiday past 8 hours shall be paid at straight time, unless he/she is in an overtime status. Example: Employee works 10 hours on a holiday in a week where he/she works no overtime. He/she will receive 8 hours of pay at time and a half and 2 hours of pay at straight time. The employee will also be paid 8 hours of holiday pay per 44.02.
Appears in 4 contracts
Samples: Agreement, Agreement, – Agreement
