Common use of Holiday Premium Pay Clause in Contracts

Holiday Premium Pay. Employees working on the calendar day of a declared holiday will receive holiday premium pay for all hours worked in addition to both the employee’s normal holiday pay and their base hourly rate of pay for each hour worked. Shift differential shall only apply to the base hourly rate of pay for each hour worked. When New Year’s Day, Independence Day or Christmas Day falls on a Saturday or Sunday, holiday premium pay may be paid for the actual holiday (January 1, July 4 or December 25) instead of the observed calendar day holiday as listed in Section 1 above. Under no circumstances can any employee receive holiday premium pay for both the observed and actual holiday.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Holiday Premium Pay. Employees working on the calendar day of a declared holiday will receive holiday premium pay for all hours worked in addition to both the employee’s normal holiday pay and their base hourly rate of pay for each hour worked. Shift differential shall only apply to the base hourly rate of pay for each hour worked. When New Year’s Day, Independence Day or Christmas Day falls on a Saturday or Sunday, holiday premium pay may be paid for the actual holiday (January 1, July 4 or December 25) instead of the observed calendar day holiday as listed in Section 1 above. Under no circumstances can any employee receive holiday premium pay for both the observed and actual holiday.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Holiday Premium Pay. Employees working on the calendar day of a declared holiday will receive holiday premium pay for all hours worked in addition to both the employee’s 's normal holiday pay and their base hourly rate of pay for each hour worked. Shift differential shall only apply to the base hourly rate of pay for each hour worked. When New Year’s 's Day, Independence Day or Christmas Day falls on a Saturday or Sunday, holiday premium pay may be paid for the actual holiday (January 1, July 4 or December 25) instead of the observed calendar day holiday as listed in Section 1 above. Under no circumstances can any employee receive holiday premium pay for both the observed and actual holiday.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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