Holiday Pay means the wage payable by an employer to an eligible employee for a general holiday or for a day off in relation to a general holiday. (« indemnité de jour férié »)

Holiday Pay. If a holiday falls within a biweekly pay period in which an employee is compensated, then such employee shall be given leave with pay for each holiday occurring within the biweekly pay period. Such pay shall be equivalent to that paid for the hours in the employee’s standard daily work schedule. For employees on a 9/80 work schedule, such holiday pay shall be equivalent to the work schedule for the day of the holiday. If an employee works a variable schedule, then hours shall be granted based on an average daily work schedule. Hours granted under this section shall in no case exceed twelve (12) hours. Holidays for part-time employees shall be pro-rated based upon the total number of hours regularly worked.

Examples of Holiday Pay in a sentence

It is understood and agreed that four percent (4%) of the gross wages is to be considered Vacation Pay and six percent (6%) of the gross wages is to be in lieu of Statutory Holiday Pay.
However, the eligibility for payment and amount of Specified Holiday Pay owed to the Regular Part Time Employee, shall be as prescribed in the Employment Standards Act.
Casual/Seasonal Part Time Employees shall receive Statutory Holiday Pay in accordance with the Employment Standards Act.
Employees shall not be eligible to receive Holiday Pay while on Adoption/Childbirth leave.
Holiday Pay shall be compensated as set forth in the Agreement between the La Vista Fraternal Order of Police Lodge No. 28 and the City of La Vista for police officers and as set forth in the Personnel Manual for all other full time employees.

More Definitions of Holiday Pay

Holiday Pay means any remuneration that an employer pays an employee for a holiday, including, but not limited to, full or partial paid time off or additional pay for work on a holiday.

Holiday Pay means pay provided to a covered employee to compensate for hours the covered employee is unable to work because the facility at which the employee would normally provide services is closed due to State holidays.

Holiday Pay. As the work of Graduate Teaching Assistants and Teaching Assistants is intermittent and irregular, they shall be paid 10% of their gross earnings as holiday pay (in lieu of annual leave). For GTAs, the contracted hours are the hours to be worked. This includes payment in lieu of annual leave, though leave must be physically provided.

Holiday Pay. Employees who work shall receive one day's pay at the employee's regular rate for the above holidays in addition to their regular pay. In order to qualify for holiday pay, employees who are off-duty on the day of the holiday, must have worked their last scheduled duty day prior to the holiday and the first scheduled duty day after the holiday, or been absent on authorized leave on either or both of these days.

Holiday Pay. If a holiday falls within a biweekly pay period in which an employee is compensated, then such employee shall be given leave with pay for each holiday occurring within the biweekly pay period. Such pay shall be equivalent to that paid for the hours in the employee's standard daily work schedule. For employees working schedules other that the normal schedule in Section 1001, such holiday pay shall be equivalent to the work schedule for the day of the holiday. If an employee works a variable schedule, then hours shall be granted based on an average daily work schedule. Hours granted under this section shall in no case exceed twelve (12) hours. Holidays for less than full time employees shall be pro- rated based upon the total number of hours regularly worked (for instance, a twenty (20) hour/week employee who works ten (10) or twelve (12) hour days would receive five (5) hours; and one who works an 8 hour day would receive 4, etc.) .

Holiday Pay is defined as eight (8) hours at one (1) times the employee’s regular hourly rate of pay.