Common use of Floating Holiday Clause in Contracts

Floating Holiday. Each employee shall receive one (1) floating holiday (8 hours), January 1st of each year. Employees starting after the first of the year shall receive a floating holiday upon hire. The floating holiday shall be denoted in a separate leave bank. The floating holiday must be used by the end of the calendar year. Unused floating holiday time will be forfeited to the City. Upon separation the floating holiday shall not be paid out.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Floating Holiday. Each In addition to the recognized holidays identified in Section 3.1, each eligible employee shall receive be allocated one (1) floating holiday (equivalent to 8 hours), January 1st hours for a full-time employee) per fiscal year on July 1st. Each employee hired prior to July 1 of each yearyear shall be entitled to the floating holiday. Employees starting after the first hired between July 1 and December 31 will receive 8 hours of the year shall receive a floating holiday upon hiretime. The Employees hired between January 1 and June 30 will receive 4 hours of floating holiday shall be denoted time in a separate leave bankthe fiscal year in which they were hired. The floating holiday must be used by the end taken prior to June 30th of the calendar each year. Unused The floating holiday time will not be forfeited carried over from year to the City. Upon separation year and there shall be no cash value for the floating holiday shall not be paid outduring employment or upon separation from the City.

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

Floating Holiday. Each In addition to the recognized holidays identified in Section 3.1, each eligible employee shall receive be allocated one (1) floating holiday (equivalent to 8 hours), January 1st hours for a full- time employee) per fiscal year on July 1st. Each employee hired prior to July 1 of each yearyear shall be entitled to the floating holiday. Employees starting after the first hired between July 1 and December 31 will receive 8 hours of the year shall receive a floating holiday upon hiretime. The Employees hired between January 1 and June 30 will receive 4 hours of floating holiday shall be denoted time in a separate leave bankthe fiscal year in which they were hired. The floating holiday must be used by the end taken prior to June 30th of the calendar each year. Unused The floating holiday time will not be forfeited carried over from year to the City. Upon separation year and there shall be no cash value for the floating holiday shall not be paid outduring employment or upon separation from the City.

Appears in 1 contract

Samples: Memorandum of Agreement

Floating Holiday. Each employee shall receive one (1) a floating holiday (8 hours), January 1st of each year. Employees starting after the first of the year shall receive a floating holiday upon hire. The floating holiday shall be denoted in a separate leave bank. The floating holiday must be used by the end of the calendar year. Unused floating holiday time will be forfeited to the City. Upon separation the floating holiday shall not be paid out.out.β€Œ

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Floating Holiday. Each employee shall receive one (1) a floating holiday (8 hours), January 1st of each year. Employees starting after the first of the year shall receive a floating holiday upon hire. The floating holiday shall be denoted in a separate leave bank. The floating holiday must be used by the end of the calendar year. Unused floating holiday time will be forfeited to the City. Upon separation the floating holiday shall not be paid out.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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