Rate calculation. Each Employee granted a vacation under this Article will be paid at his average straight time rate (standard hourly wage rate plus incentive) for the prior calendar year. The average straight time rate (for the purposes of this Section) shall be computed by: (1) Totaling (a) pay received for all hours worked (excluding premium for overtime, holiday, Sunday and shift differential), (b) vacation pay, including pay in lieu of vacation, and (c) pay for unworked holidays, and
Appears in 3 contracts
Sources: Collective Bargaining Agreement, Labor Contract, Collective Bargaining Agreement