Computation of Holiday Pay Sample Clauses

Computation of Holiday Pay. Employees shall have their choice of pay or compensatory time for work performed on a holiday resulting in premium pay.
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Computation of Holiday Pay. A day of holiday pay for full-time full-year or full-time academic year employees shall be equal to eight (8) hours multiplied by the employee’s regular straight-time hourly rate. A day of holiday pay for part-time full-year employees or part-time academic year employees shall be equal to one-fifth (1/5) of the number of hours per week which the employee regularly works (rounded to the nearest hour) multiplied by the employee’s regular straight-time hourly rate.
Computation of Holiday Pay. Regular full-time employees shall receive eight (8) hours of straight time pay for any of the above mentioned days. Regular part-time employees shall receive holiday pay based upon the average hours worked during the four (4) week period preceding the holidays. Average Hours Worked Per Week
Computation of Holiday Pay. A. FULL-TIME: Regular full-time employees shall be paid eight (8) hours times their straight-time rate of pay for each of the above holidays except Christmas Eve which shall be paid on the basis of time lost because of the short work day in relationship to the normal quitting time for employees on that day. Qn- ployees shall not be rescheduled for the purpose of avoiding payment for time that would otherwise be lost.
Computation of Holiday Pay. Employees eligible for holiday pay for a holiday not worked shall receive eight (8) hours pay at their regular straight-time rate computed as follows:
Computation of Holiday Pay. A. Full-time: A regular full-time employee shall be paid eight (8) hours at straight-time rate for each of the listed holidays.
Computation of Holiday Pay. If a full-time Host works one of the above designated paid holidays, and it falls either on his designated 6th day or his designated 7th, the Host shall receive premium pay as follows: on the Hosts designated 6th day, or the 7th day if the 6th day is not worked, two and one-half (2- 1/2) times his straight time hourly rate shall be paid; on the Host's designated 7th day if the 6th day worked - three (3) times his regular straight time hourly rate shall be paid.
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Related to Computation of Holiday Pay

  • Business Day Convention If the date on which any payment is due to be made under this Agreement shall occur on a day on which is not a Business Day, such payment shall be made in accordance with the Business Day Convention as specified in the Notes or the Indenture.

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