Premium Holiday Pay Sample Clauses

Premium Holiday Pay. 17.1 Employees shall be paid time-and-one-half (1.5) of their base hourly rate for all hours worked on the following days: New Year's Day President's Day Memorial Day July 4th Labor Day Thanksgiving Day Christmas Eve Day Christmas Day New Year’s Eve Day
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Premium Holiday Pay. A. Premium Holiday Time is defined as the number of hours actually worked in the twenty- fourperiod beginning at 0000 hours of the officially designated Holiday and ending at2359 hours.
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Premium Holiday Pay. 13.1 Holiday pay will be paid at 8 hours of straight time. If an employee is asked to work on a designated holiday, they will earn premium pay at the rate of 1.5 times the base wages. The Employer recognizes the following holidays: Memorial Day, Thanksgiving Day, Christmas Day, and New Year’s Day. Employees who celebrate other ethnic or religious holidays may request PTO or unpaid leave to take related days off in observation of the holiday.
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Premium Holiday Pay. Employees required to work on Christmas Eve, Christmas, Easter, Memorial Day, July 4th, Labor Day, Thanksgiving, New Year’s Day shall be paid at double time (2x) their regular rate. This time is defined as the number of hours actually worked in the twenty-four-hour period beginning at 0000 hours of the officially designated Holidays and ending at 2359 hours.
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Premium Holiday Pay. Employees required to work on the established holidays, identified in Section 6.1.A above, shall, in addition to the hours paid for that day, be paid an additional one-half (½) hour of Premium Holiday Pay for each hour worked on the Premium Holiday. Premium Holiday Pay is to be paid in addition to the accrual referenced in 6.2 A, above. As an example, total compensation for each of the Premium Holidays for a ten (10) hour shift worked would be as follows: payment for ten (10) hours worked on that day, one-half hour Premium Holiday Pay for each hour worked would be five (5) hours pay, and eight (8) hours of Holiday Time Bank in 6.2 A, above.
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Premium Holiday Pay. Employees required to work on the Premium Holidays identified as July 4th, Thanksgiving Day, or Christmas Day shall be paid, in addition to the hours paid for that day, an additional one (1) hour of Premium Holiday Pay for each hour worked on the Premium Holiday. Premium Holiday Pay is to be paid in addition to the regular Holiday pay for that day. As an example, total compensation for each of the Premium Holidays for an eight (8) hour shift worked would be as follows: payment for eight (8) hours worked on that day, plus one hour Premium Holiday Pay for each hour worked would be eight (8) hours Premium Holiday Pay, totaling sixteen (16) hours of pay for that day. SCENARIOS Scenario A: Holiday: Friday (non-premium) Schedule: Monday through Friday Sun Mon Tues Wed Thurs Fri Sat Straight Pay 8 8 8 8 Overtime Pay 1.5 x Pay* 8 (12 hrs) 2.0 x Pay** Holiday Pay 8 Total Hours 8 8 8 8 20
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Related to Premium Holiday Pay

  • Paid Holiday Pay Payment for holidays will be made at an employee’s basic pay, except if an employee has been working in a higher paid position than her regular position for a majority of the sixty (60) working days preceding her holiday, in which case she shall receive the higher pay.

  • Holiday Pay A. On each of the holidays designated above, each full-time employee scheduled to work but permitted to take the day off shall receive pay computed at the employee's basic hourly rate for the number of hours the employee was regularly scheduled to work.

  • Holiday Premium Pay A Nurse working on a recognized Holiday is entitled to the following compensation for any hours worked on the calendar date of the recognized Holiday:

  • Premium Holidays If the employer receives a premium holiday(s), the employees shall not be required to pay their portion of the premium(s) for the holiday month(s).

  • Statutory Holiday Pay Employees who qualify for statutory holiday pay shall be paid an average day's pay on the Statutory Holidays above, based on the following: amount paid / days worked. “Amount paid” is the amount earned by the employee for work done during the thirty (30) calendars day period preceding the statutory holiday, including vacation pay but excluding overtime pay. “Days worked” is the number of days the employee worked or earned wages during that thirty (30) calendar day period.

  • Holiday Payment 4.1 Where an employee works on a holiday specified in Article 47 (Holidays) and opts for compensating leave under Article UN13.2 or COR13.2, he or she may elect, at that time, to receive, in addition to his or her entitlement under Article UN13.2 or COR13.2, further leave equal to the difference between the number of hours in the employee’s normal work day and his or her entitlement under Article UN13.2

  • Holiday Premium If an employee works one of the following holidays, they will receive time and one half for all hours worked on that holiday: New Year’s Day, Xxxxxx Xxxxxx Xxxx Xx. Day, President’s Day, Memorial Day, Independence Day, Labor Day, Veteran’s Day, Thanksgiving, the Day after Thanksgiving, and Christmas.

  • Sunday Premium All hours worked by an Employee on Sunday, shall be paid for on the basis of one and one-half (1½) times the Employee’s Regular Rate of Pay. For the purpose of this Section, Sunday shall be deemed to be the twenty-four (24) hours beginning with the shift change hour nearest to 12:01 a.m.

  • Holiday Week In the event that a holiday is celebrated during the week (Monday through Friday), the remaining four days of the week may be worked as a four ten shift at the straight time rate on a voluntary basis with three (3) days’ notice to the Union. In the event the job is down due to weather conditions, then Saturday may, at the option of the Employer be worked as a voluntary make-up day at the straight time rate.

  • Paid Holiday Bank Employees qualify in accordance with the collective agreement. The paid holidays are identified in the Collective Agreement. Credit to the paid holiday bank will occur on the date of the holiday. Drawing from the paid holiday bank will occur at an accelerated rate of 1.25 hours paid for every hour taken (i.e. 11.25 hours worked equals 14.05 hours paid; 7.5 hours worked equals 9.375 hours paid).

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