Holiday Premium Compensation. Holiday premium pay is paid at 1.5 times the hourly wage rate for the first 8 hours worked on a holiday. For pay purposes, a holiday begins at 6:00 a.m. the day of the holiday and ends at 6:00 a.m. the next day. Employees who prefer to work holidays instead of having them off can volunteer to work additional holidays during their "t" shift week or on a day off On the 8 hour work shift schedule, an employee was paid 1.5 times their wage rate for all hours worked on a holiday. On the 12-hour shift work schedule an employee is paid 1.5 times the wage rate for only the first 8 hours of a 12 hour shift. To the employee, this is a reduction of 2 pay hours per holiday worked or 8.8 pay hours per year compared to the old 8 hour shift work schedule (11 holidays per year X 14 shifts scheduled over 35 days X 2 pay hours per holiday).
Appears in 10 contracts
Samples: Single Employees, Single Employees, Single Employees
