Common use of STATUTORY HOLIDAY AND VACATION PAY Clause in Contracts

STATUTORY HOLIDAY AND VACATION PAY. 15.1 The Vacation and recognized holiday pay rate shall be ten (10) percent (6 (six) percent vacation pay and four (4) percent statutory holiday pay) of total earnings.

STATUTORY HOLIDAY AND VACATION PAY. 15.1 5.1 The Vacation and recognized holiday pay rate shall be ten (10I0) percent of vacationable gross earnings*. The vacation pay rate shall be six (6 (six6) percent vacation and the recognized holiday pay and rate shall be four (4) percent statutory holiday pay) of total earningspercent. Payment shall be made weekly on the employee’s regular pay cheque.