Holiday Bank Sample Clauses

Holiday Bank. (1) For administrative simplicity, up to ninety-six (96) hours of holiday pay (as defined and described in Article 17(B)(23)(a) and (b), above) will be placed in a holiday bank for each Sergeant to cover the six (6) recognized legal holidays provided in Article 17(B)(2)(a) and the six (6) additional holidays provided in Article 17(B)(2)(b).
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Holiday Bank. A. Each officer shall be afforded eleven (11) floating holidays per year. As used in this Article, the year will be from July 1 through June 30. The officer may use the floating holidays with the Chief’s permission, or have them paid-out during the year. Payment for any remaining holidays shall be included in the June 16-30 payroll and paid on the first payroll in July. Employees working a 4/10 work schedule who are hired or who terminate during the year shall receive pro-rata pay equal to 9.2 hours per full month of employment. Employees working a 5/8 work schedule who are hired or who terminate during the year shall receive pro-rata pay equal to 7.3 hours per full month of employment.
Holiday Bank. Up to ninety-six (96) hours of holiday pay will be placed in a holiday bank for each Officer to cover the six (6) recognized legal holidays provided in Article 29-1 and the six (6) additional holidays provided in Article 29-2. Officers newly joining the Department will be credited with sufficient holiday hours in their bank to cover those holidays scheduled to occur during the remainder of his/her first calendar year of employment. Once the ninety-six (96) hours of banked holiday time has been depleted, Officers regularly scheduled to work but who are given the holiday off to maintain normal holiday staffing levels must use other paid time off to be compensated for the day. If the University offers additional holidays in any calendar year beyond those provided in Article 29-2, the hours for such extra “additional” holidays will be added to the holiday bank. Such extra “additional” holiday hours shall not accumulate from year to year.
Holiday Bank. A. Each officer shall be afforded twelve (12) floating holidays per year. As used in this Article, the year will be from July 1 through June 30. The officer may use the floating holidays with the Chief’s permission, or have them paid-out during the year. Once a holiday time-off request has been approved, it will not be cancelled absent emergent operational needs. Payment for any remaining holidays shall be included in the June 16-30 payroll and paid on the first payroll in July. Employees working a 4/10 work schedule who are hired or who terminate during the year shall receive pro-rata pay equal to 10 hours per full month of employment. Employees working a 5/8 work schedule who are hired or who terminate during the year shall receive pro-rata pay equal to 8 hours per full month of employment.
Holiday Bank. (1) Up to ninety-six (96) hours of holiday pay will be placed in a holiday bank for each Dispatcher to cover the six (6) recognized legal holidays provided in Article 17-B-2-a and the six (6) additional holidays provided in Article 17-B-2-b. Dispatchers newly joining the Department will be credited with sufficient holiday hours in their bank to cover those holidays scheduled to occur from the date of hire thru June 30th.
Holiday Bank. Whenever a holiday falls on an employee’s regularly scheduled work day or regularly scheduled off day and the employee has worked all of his regularly scheduled days during that work week, the employee may elect to do one of the following: • Receive holiday pay at the overtime rate for the number of hours worked on the holiday. • When the holiday falls on an employee’s normal day off, place into the employee’s holiday bank the number of hours equal to the employee’s normal scheduled hours (ex. If an employee normally works a 12 hour shift, they would receive 12 hours in in their holiday bank) Banked holiday hours cannot be used toward the calculation of overtime. Banked holidays may be scheduled as a regular day off by the employee. A maximum of twenty-four hours may be carried forward at the end of the fiscal year; all leave remaining in the employee’s holiday bank over twenty-four hours shall be forfeited. No payment for unused holiday time shall occur at the time of separation. A request to utilize holiday bank time shall not be unreasonably denied. The use of holiday banked time within an 84 hour work period will not count toward the calculation of overtime.
Holiday Bank. A request for usage of holiday time shall be submitted to the employee’s immediate supervisor on the appropriate form. Leave may be taken only after approved by the Department. Every employee shall be afforded the opportunity of utilizing any accrued holiday time prior to the end of the payroll fiscal year provided that management’s scheduling needs are met. Banked holiday time shall be utilized prior to the end of the payroll fiscal year when balances shall be reduced to zero, provided however that a maximum of 45.7 accrued, unused hours shall be carried over to the next payroll fiscal year. No payment for unused holiday time shall occur prior to separation or at any other time.
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Holiday Bank. Whenever a holiday falls on an employee’s regularly scheduled work day or regularly scheduled off day and the employee has worked all of his regularly scheduled days during that work week, the employee may elect to do one of the following: • Receive eight hours of holiday pay at the overtime rate. • Place the number of hours equal to the employee’s normal work schedule into the employee’s holiday bank. Banked holidays may be scheduled as a regular day off by the employee. A maximum of twenty-four hours may be carried forward at the end of the fiscal year; all leave remaining in the employee’s holiday bank over twenty-four hours shall be forfeited. No payment for unused holiday time shall occur at the time of separation. A request to utilize holiday bank time shall not be unreasonably denied.
Holiday Bank. Holidays may be banked up to 40 hours and paid out upon two weeks written notice.
Holiday Bank. An employee may choose to bank a holiday at the straight-time rate of pay instead of receiving payment for said holiday. The employee may schedule and use hours within the holiday bank, by mutual agreement. Holidays banked during the year and not used by June 30 of each fiscal year will be cashed in at the employee's current rate of pay no later than June 30. Upon termination, an employee will receive the full value of the hours in their holiday bank.
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