Common use of Holiday Bank Clause in Contracts

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. 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-pro- rata pay equal to 7.3 hours per full month of employment.