Holiday Accrual Bank Sample Clauses

Holiday Accrual Bank. For those employees whose regular work schedules preclude them from celebrating City-recognized holidays on the designated days, a holiday accrual bank shall be used for recording earned holiday hours. The maximum amount of holiday hours to be accrued during any fiscal year shall not exceed 104. Holiday leave shall be used in the year it is earned and shall not be carried over to the following fiscal year. On July 1 of each year, any remaining holiday leave accrual from the previous fiscal year will be forfeited. Holiday leave taken on a day other than an actual City-recognized holiday shall be granted at the discretion of the department head. Employees leaving City service with accrued holiday leave shall be paid the amount of accrued holiday hours to the date of termination. Payment for accrued holiday time shall be at the employee's current hourly rate of pay.
AutoNDA by SimpleDocs
Holiday Accrual Bank. A holiday accrual bank shall be used for recording holiday hours earned but not used. The maximum amount of holiday hours to be accrued at any given time shall not exceed 192. However, no employee shall lose earned holiday time because of the urgency of work. Holiday leave shall be used in the year it is earned and shall not be carried over to the following fiscal year. On July 1 of each year, any remaining holiday leave accrual from the previous fiscal year will be forfeited. Holiday leave taken on a day other than an actual City-recognized holiday shall be granted at the discretion of the City Manager or City Council/Personnel Committee.
Holiday Accrual Bank. For those employees whose regular work schedules preclude them from celebrating City- recognized holidays on the designated days, a holiday accrual bank shall be used for recording earned holiday hours. The maximum amount of holiday hours to be accrued during any fiscal year shall not exceed 104 for nonshift employees and 157.29 for shift employees. Holiday leave shall be used in the year it is earned and shall not be carried over to the following fiscal year. On July 1 of each year, any remaining holiday leave accrual from the previous fiscal year will be forfeited. Holiday leave taken on a day other than an actual City-recognized holiday shall be granted at the discretion of the department head. Employees leaving City service with accrued holiday leave shall be paid the amount of accrued holiday hours to the date of termination. Payments for accrued holiday time shall be at the employee's current hourly rate of pay.
Holiday Accrual Bank. A holiday accrual bank shall be used for recording holiday hours earned but not used. The maximum amount of holiday hours to be accrued at any given time shall not exceed 192. However, no employee shall lose earned holiday time because of the urgency of work.
Holiday Accrual Bank 

Related to Holiday Accrual Bank

  • Vacation Accrual Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.

  • Vacation Accumulation (a) Vacations are not cumulative from year to year.

Time is Money Join Law Insider Premium to draft better contracts faster.