VALUE OF HOLIDAY Sample Clauses

VALUE OF HOLIDAY. The value of a holiday which falls during a pay period is one-tenth (0.10) of said scheduled pay period, excluding overtime. The maximum potential value of a holiday is eight (8) hours for a scheduled eighty (80)-hour pay period.
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VALUE OF HOLIDAY. ‌ The value of a holiday is 1/10 of the bi-weekly rate of pay.

Related to VALUE OF HOLIDAY

  • Number of Holidays (The following clause is applicable to full-time employees only) There shall be twelve (12) holidays and these holidays are set out in the Local Provisions Appendix. Should the Hospital be required to observe an additional paid holiday as a result of legislation, it is understood that one of the existing holidays recognized by the Hospital shall be established as the legislated holiday after discussion with the Union, so that the Hospital's obligation to provide the number of paid holidays as noted above remains unchanged.

  • Legal Holiday If the date on which any payment is due shall not be a Business Day, then (notwithstanding any other provision of the Notes or this Indenture) payment need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date on which nominally due, and no interest shall accrue for the period from and after any such nominal date.

  • Saturday Sunday and designated paid holidays shall not be counted in determining the time within which any action is to be taken or completed under the grievance procedure.

  • List of Holidays a) The Employer recognizes the following paid holidays: New Year’s Day Labour Day Family Day Thanksgiving Day Good Friday Christmas Day Easter Monday Boxing Day Victoria Day Civic Holiday (deferred to Christmas Shutdown) Canada Day Plus, any other day(s) declared or proclaimed as a Statutory Holiday by the Federal or Provincial Government. The Employer shall post a list no later than December 15th of each year stating on which day the Civic Holiday and any other deferred holiday will be observed.

  • Sunday Employees at the Maine State Prison shall be eligible for a weekend differential of fifty cents ($.50) per hour to the base for shifts beginning between 8:30 p.m. Friday and 8:29 p.m. Sunday.

  • Annual Holidays (i) On completion of 12 months continuous service an employee shall be entitled to annual paid leave of 4 working weeks.

  • on Saturday 3 From 1 January 2016, the allowance for working irregular hours referred to in Article 4.7.3 shall also be paid during holidays. The employer shall determine an average amount for this payment on the basis of the allowances paid in the twelve calendar months preceding the month in which the employee takes holidays. If the employee has not been employed for twelve months, the average amount will be fixed at the average in the calendar months up to the month in which the employee takes holidays.

  • Work on a Holiday If an employee works on an approved holiday, in addition to their holiday pay, they will be compensated at the rate of two (2) times their regular hourly rate for all hours worked on the holiday.

  • Holidays Falling on Saturday or Sunday (a) For an employee whose workweek is from Monday to Friday and when any of the above-noted holidays fall on a Saturday and is not proclaimed as observed on some other day, the following Monday shall be deemed to be the holiday for the purpose of this agreement; and when a holiday falls on a Sunday and it is not proclaimed as being observed on some other day, the following Monday (or Tuesday, where the preceding section already applies to the Monday), shall be deemed to be the holiday for the purpose of this agreement.

  • Holiday Falling on Saturday or Sunday For an employee whose normal workweek is from Monday to Friday and when any of the above-noted holidays falls on a Saturday and is not proclaimed as being observed on another day, the following Monday will be deemed to be the holiday. When a holiday falls on a Sunday and it is not proclaimed as being observed on another day, the following Monday (or Tuesday, where the preceding section already applies), will be deemed to be the holiday for the purpose of this agreement.

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