Holiday Premium Pay definition

Holiday Premium Pay means the hourly wage paid to Employees for performing work during a holiday or holiday season.

Holiday Premium Pay is defined as one and one half (1½) times the employee’s regular hourly rate of pay.

Holiday Premium Pay means compensation paid to an Officer for work performed on a holiday, as set out in Article 19.

Examples of Holiday Premium Pay in a sentence

• Employees who work part time and who through normal scheduling are required to work on a holiday will receive pay two and a half times (Holiday Premium Pay – HP) their normal regular rate of pay for the number of hours worked on the holiday.

• If an employee is required to be on-call during a City holiday and is called into work, the employee shall receive Holiday Premium Pay for those hours.

• Full Time Employees, who through normal scheduling are required to work on a holiday, will receive pay two and a half times (Holiday Premium Pay – HP) their normal regular rate of pay for the number of hours worked on the holiday.

• The calculation of overtime pay will be strictly based on regular hours worked per job-defined work week, and will exclude all hours paid as any type of “premium pay.” Premium pay is defined as any pay greater than base rate and may include Call-in Pay, Holiday Premium Pay, or Emergency Pay.

• In lieu of the provisions of Article III, Section 2 of the Citywide Agreement [Holiday Premium Pay] or any successor agreement thereto, employees in the Juvenile Counselor Occupational Group assigned to “seven day work charts” shall receive two (2) “chart days” off every six (6) weeks.

• Employees shall not receive both overtime and Holiday Premium Pay (as defined herein) for the same hours.

• Open Holiday Premium Pay Shifts Should a regularly assigned employee be requested to work on one of the premium pay holidays listed above, and decline that assignment, the Employer shall offer the hours to the most senior qualified employee who volunteers for the hours.

• For premium pay purposes, the Holiday Premium Pay period will be a twenty-four hour pay period beginning with the night shift preceding the holiday and ending with the evening shift on the holiday, with the exception of Christmas and New Years Day, which shall be a thirty-two hour period beginning at three (3:00) p.m. of the evening shift preceding the holiday and ending at eleven (11:00) p.m., on the holiday.

• Calculation of Holiday Premium Pay will begin at 12:00 AM the day of the holiday and end at 11:59 PM, unless otherwise designated in writing by the Payroll Manager.

• Additional information to assist in auditing AF IMT 428s, Request for Overtime, Holiday Premium Pay, and Compensatory Time, military duty affecting timecards, and understanding the military pay calendar is provided in paragraphs 16 and 17, respectively.

More Definitions of Holiday Premium Pay

Holiday Premium Pay means compensation paid to an Officer for work performed on a holiday, paid at the rate of either: (a) 1 1/2 times the Officer’s step rate of pay if the Officer works on a holiday and the hours the Officer works during that week do not result in the Officer being eligible for overtime; or (b) 1 1/2 times the Officer’s regular rate of pay, if an Officer works on a holiday and the hours the Officer works during that week do result in the Officer being eligible for overtime.

Holiday Premium Pay. Any employee who works on any of the aforementioned holidays, shall receive premium pay at one and one-half (1-1/2) his straight time hourly rate of pay for the hours worked on such holiday in addition to his holiday pay. Any employee shall have the option to receive the equivalent number of hours off at the rate of one and one-half (1-1/2) times the number of hours worked on such holidays to be scheduled off by mutual agreement between the employee and the City; or to be paid.

Holiday Premium Pay means the additional pay (which is equal to the employee's basic rate of pay) for any nonovertime work performed by the employee during his or her regularly scheduled daily tour on a day designated as a holiday.

Holiday Premium Pay. The amount in addition to an employee’s basic rate which an employee is paid for working on an authorized holiday or its observed equivalent. Holiday premium pay is paid in addition to Holiday Pay.